Economics - Online Test
Q1. The average of the squared deviations from the arithmetic mean is called the
Answer : Option B
Explaination / Solution:
Variance is the expectation of the squared deviation of a random variable from its mean. Informally, it measures how far a set of (random) numbers are spread out from their average value.The variance is the square of the standard deviation, the second central moment of a distribution, and the co variance of the random variable with itself.
Q2. Which energy source account for 30 percent total energy consumption
Answer : Option B
Explaination / Solution:
Consumption pattern It has been estimated that 30% energy needs of India is met by non-com¬mercial energy sources.
Q3. Loose tools and Stores and spares are the part of --------------
Answer : Option C
Explaination / Solution:
Spares and tools which is not part of any particular Fixed assets, you can value as Inventory as per AS-2 and charge off in P&L a/c based on consumption.
Q4. The general shape of TPP in the short run is
Answer : Option B
Explaination / Solution:
No Explaination.
Q5. Who was a great biometrician and statistician?
Answer : Option C
Explaination / Solution:
Karl Pearson was an influential biometrition and statistician who has been credited with establishing the discipline of mathematical statistics.
Q6. In India per capita income is about ___ dollar per annum
Answer : Option C
Explaination / Solution:
Per capita income or average income measures the average income earned perperson in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area's total income by its total population.
Q7. A person who actually collect the desired information is called _______.
Answer : Option D
Explaination / Solution:
An enumerator is the person who collects data on the behalf of an investigator( an individual or an organisation).
Q8. Which of the following are greenhouse gases?
Answer : Option C
Explaination / Solution:
The primary greenhouse gases in earth's atmosphere are water vapour(H2O) , carbon dioxide(CO2) , methane(CH4), nitrous oxide(N2O), and ozone(O3).
Q9. The elasticity at a point on a straight line supply curve passing through the origin will be
Answer : Option D
Explaination / Solution:
No Explaination.
Q10. One drawback of barter exchange is
Answer : Option C
Explaination / Solution:
No Explaination.
