Economics - Online Test

Q1. If the value of  is more than, the consumer__________?
Answer : Option D
Explaination / Solution:
No Explaination.


Q2. Which policy do these changes belong to (i) SLR and CRR reduced by RBI to increase the availability of funds (ii) Bank rate reduced (iii) SEBI made statutory
Answer : Option A
Explaination / Solution:

Under the New Economic Policy (NEP), all of these changes were made to the monetary policy and the monetary policy was also disassociated from the fiscal policy.

Q3. A disequilibrium in Balance of payment can also be corrected by
Answer : Option B
Explaination / Solution:
No Explaination.


Q4. One of the following is an example of economic infrastructure
Answer : Option B
Explaination / Solution:

Infrastructure provides supporting services in the main areas of industrial and agricultural production, domestic and foreign trade and commerce. Roads play the vital role.

Q5. The price line is
Answer : Option A
Explaination / Solution:
No Explaination.


Q6. Raising margin requirements by the central bank in India during excess demand will be
Answer : Option D
Explaination / Solution:
No Explaination.


Q7. Human Development refers to
Answer : Option C
Explaination / Solution:

Good education is one of the major factors of human development.

Q8. Inflation rate equals to
Answer : Option B
Explaination / Solution:
No Explaination.


Q9. MR curve=AR=Demand curve is a feature of which kind of market?
Answer : Option C
Explaination / Solution:
No Explaination.


Q10. In C= -c+b(Y), ‘b’ denotes
Answer : Option B
Explaination / Solution:
No Explaination.