Economics - Online Test
Q1. Other name by which average revenue curve known:
Answer : Option C
Explaination / Solution:
No Explaination.
Q2. Money supply is the total stock of currency and coins held by the government
Answer : Option A
Explaination / Solution:
No Explaination.
Q3. The Time series analysis helps to
Answer : Option C
Explaination / Solution:
Time series analysis is a statistical technique that deals with time series data, or trend analysis. Time series data means that data is in a series of particular time periods or intervals.
Q4. By 2005 , 1% of the world population in the age group 15-49 was affected by
Answer : Option C
Explaination / Solution:
HIV is a virus that attacks the human immune system and makes it susceptible to infections and diseases. Preventive measures can be taken to reduce the spread of AIDS.
Q5. Following are the types of frequency distribution except
Answer : Option D
Explaination / Solution:
The repetition of number is a data set is termed as frequency of that particular number or the variable in which that number is assigned. The frequencies of variables in a data are to be listed in a table. This table is known as frequency distribution table and the list is referred as frequency distribution.
There are many types of frequency distributions
- Grouped frequency distribution
- Ungrouped frequency distribution
- Cumulative frequency distribution
- Relative frequency distribution
- Relative cumulative frequency distribution
Q6. Policy of the government with respect to taxes and with respect to its own expenditure on running the administration of the country is known ass
Answer : Option D
Explaination / Solution:
No Explaination.
Q7. Multiplier tells us what will be the
Answer : Option A
Explaination / Solution:
No Explaination.
Q8. Opening of Suez Canal in ____ significantly reduced the cost f transportation of goods between Britain and India
Answer : Option D
Explaination / Solution:
The Suez Canal is a 101 mile (163 km) long canal ,It officially opened in November 1869.
Q9. The most commonly used device of presenting business and economic data is:
Answer : Option B
Explaination / Solution:
Bar diagrams are very simple to understand and most suitable for presenting year wise data of sales, profits, etc of the business.
Q10. Following are the institutional sources of agricultural credit except
Answer : Option B
Explaination / Solution:
Money lenders is the non institutional source.
