Economics - Online Test

Q1. Coal, Hydrocarbons and nuclear energy are the
Answer : Option D
Explaination / Solution:

Primary sources of energy , as they appear in the natural environment: coal, oil, natural gas and wood, nuclear fuels (uranium), the sun, the wind, tides, mountain lakes, the rivers (from which hydroelectric energy can be obtained)

Q2. Interest received on investment will be___________
Answer : Option C
Explaination / Solution:

Interest received on investment is a revenue receipt and added in investing activities while preparing cash flow statement.

Q3. How is TPP derived from MPP
Answer : Option A
Explaination / Solution:
No Explaination.


Q4. Multiple correlation is
Answer : Option B
Explaination / Solution:

Because here we have to go to calculate correlation twice or thrice, with different variables.

Q5. For how many days NREGA provides employment?
Answer : Option A
Explaination / Solution:

National Rural Employment Guarantee Act 2005 later renamed as the "Mahatma Gandhi National Rural Employment Guarantee Act" (MGNREGA), is an Indian Labour Law and social security measure that aims to guarantee the 'right to work'.It aims to enhance livelihood security in rural areas by providing at least 100 days of wage employment in a financial year to every household whose adult members volunteer to do unskilled manual work.

Q6. Census is
Answer : Option C
Explaination / Solution:

The Census Method is also called a complete enumeration method wherein each and every item in the universe is selected for the data collection. The universe might constitute a particular place, a group of people or any specific locality which is the complete set of items and which are of interest in any particular situation.

Q7. ________ implies that the resource extraction is not above the rate of regeneration of the resources and the waste generated are within the assimilating capacity of the environment.
Answer : Option C
Explaination / Solution:

Carrying capacity is the maximum number of individuals of a given species that an area's resources can sustain indefinitely without significantly depleting or degrading those resources. Determining the carrying capacities for most organisms is fairly straightforward.

Q8. Beyond producer’s equilibrium when MR
Answer : Option A
Explaination / Solution:
No Explaination.


Q9. The process of money creation or credit creation IS done by
Answer : Option B
Explaination / Solution:
No Explaination.


Q10. Formula for calculating price index is
Answer : Option D
Explaination / Solution:
No Explaination.