Economics - Online Test

Q1. Statistical enquiry means
Answer : Option D
Explaination / Solution:

Statistical methods of collecting, organising and analysing data are used to conclude or solve a problem for present or future use.

Q2. Which of the following is the long term result of global warming ?
Answer : Option B
Explaination / Solution:

Some of the long term results of global warming are as follows:

  1. Melting of polar ice with a resulting rise in sea level and coastal flooding.
  2. Extinction of species as ecological niches disappear.
  3. More frequent tropical storms and
  4. An increased incidence of tropical diseases.

Q3. Under perfect competition the number of firms
Answer : Option A
Explaination / Solution:
No Explaination.


Q4. Bank rate is for
Answer : Option A
Explaination / Solution:
No Explaination.


Q5. WPI stands for
Answer : Option D
Explaination / Solution:
No Explaination.


Q6. AICTE stands for
Answer : Option C
Explaination / Solution:

AICTE is a statutory body and a national level council for Technical Education under the Ministry of Human Resource Development, India. It is responsible for proper planning and coordinated development of technical and management systems of education in India.

Q7. A range of values which incorporates a set of items is called
Answer : Option B
Explaination / Solution:

The range of values of a given class is called a class interval, the boundaries of an interval are called class limits, and the middle of a class interval is called the class mark

Q8. Which is not the monetary measure to control inflation?
Answer : Option A
Explaination / Solution:
No Explaination.


Q9. C= -c+b(Y) is a
Answer : Option D
Explaination / Solution:
No Explaination.


Q10. When was the first census data collected during British India
Answer : Option C
Explaination / Solution:

A systematic and modern population census, in its present form was conducted non synchronously between 1865 and 1872 in different parts of the country. This effort culminating in 1872 has been popularly labeled as the first population census of India However, the first synchronous census in India was held in 1881.