Economics - Online Test

Q1. Which policy aimed to combine the establishment of rural communes with a crash programme of village industrialisation?
Answer : Option D
Explaination / Solution:

In GLF campaign , people were encouraged to set up industries in their backyards.

Q2. The new agricultural strategy was adopted in India during the
Answer : Option A
Explaination / Solution:

The new agricultural strategy which is also known as Green revolution in India was adopted in third five year plan in the year of 1960.

Q3. One more of the two components of government budget are
Answer : Option D
Explaination / Solution:
No Explaination.


Q4. ______ divides the data into 4 equal parts
Answer : Option B
Explaination / Solution:

Quartiles in statistics are values that divide your data into quarters

Q5. Non-farm enterprises include
Answer : Option A
Explaination / Solution:

Non - Farming activities includes activities excluding agriculture

Q6. State which one of the following is true.
Answer : Option B
Explaination / Solution:
No Explaination.


Q7. ____________ shows various combinations of two goods that give same amount of satisfaction to the consumer?
Answer : Option A
Explaination / Solution:
No Explaination.


Q8. Increase in aggregate output of goods and services
Answer : Option C
Explaination / Solution:

Economic growth is the increase in the value of the goods and services produced by an economy over time. It is conventionally measured as the percentage rate of increase in real Gross Domestic Product, or real GDP (GDP adjusted for inflation).

Q9. The downward sloping demand curve for the foreign exchange reflects
Answer : Option C
Explaination / Solution:
No Explaination.


Q10. Standard deviation is also called
Answer : Option D
Explaination / Solution:

Standard deviation is square root of variance which is also knows as mean square deviation.