Economics - Online Test
Q1.
Calculate index numbers from the following data by simple aggregate method taking prices of 2000 as base.
Answer : Option C
Explaination / Solution:
No Explaination.
Q2. Which of the following is not the feature of India Vision 2020 Report
Answer : Option A
Explaination / Solution:
The India Vision 2020 Report visualises a 100% literacy in India by the year 2020.
Q3. There are two class interval 0-10 and 10-20 , if a student score 10 marks then he should be included in which class interval
Answer : Option A
Explaination / Solution:
This is an exclusive class interval. When the lower limit is included, but the upper limit is excluded, then it is an exclusive class interval.
Q4. When inflation rises, people desire to hold
Answer : Option D
Explaination / Solution:
No Explaination.
Q5. For a monopolist, the necessary condition for equilibrium is?
Answer : Option D
Explaination / Solution:
No Explaination.
Q6. In C= -c+b(Y), ‘C’ denotes
Answer : Option D
Explaination / Solution:
No Explaination.
Q7. Partition resulted to in dislocation of entire industrial structure which leads
Answer : Option B
Explaination / Solution:
The partition of India caused a rude setback, it created manifold problems.
Q8. Data represented through arithmetic line graph help in understanding
Answer : Option D
Explaination / Solution:
An arithmetic line graph is also called time series graph. In this graph time (hour, day/date, week, month, year, etc.) is plotted along x-axis and the value of the variable (time series data) along y-axis. A line graph by joining these plotted points, thus, obtained is called arithmetic line graph (time series graph). It helps in understanding the trend, periodicity, etc. in a long term time series data.
Q9. To minimise the fluctuations in the prices government announce the following
Answer : Option B
Explaination / Solution:
MSP policy is an important step initiated by the government to improve agriculture marketing system.
Q10. Which policy was adopted by China in 1979
Answer : Option D
Explaination / Solution:
The one-child policy, a part of the family planning policy, was a population planning policy of China. It was introduced in 1979
