Economics - Online Test
Q1. Occupation wise an economy is classified as
Answer : Option C
Explaination / Solution:
The three sector theory is an economic theory which divides economies into three sectors of activity: extraction of raw materials, manufacturing and services.
Q2. Agriculture education ,health and infrastructure were the priority areas in which five year plan.
Answer : Option A
Explaination / Solution:
Eleventh five year plan focussed on improving the quality of life through better health and sducational facilities and improved levels of consumption. It also focussed on reduction in inequality.
Q3. Direct tax is a tax whose
Answer : Option D
Explaination / Solution:
No Explaination.
Q4. Relationship between mode is
Answer : Option D
Explaination / Solution:
In a normal distribution in which the values of mean, median and mode coincide, (i.e. mean = median = mode) is known as asymmetrical distribution. Mode=3 Median-2 Mean
Q5. Unemployment is the result of
Answer : Option C
Explaination / Solution:
The major cause of unemployment and underemployment in underdeveloped countries like India is the deficiency of the stock of capital in relation to the needs of the growing labour force.
Q6. An example of non durable goods is
Answer : Option B
Explaination / Solution:
No Explaination.
Q7. MU1 + MU2 + ……..MUn represents?
Answer : Option B
Explaination / Solution:
No Explaination.
Q8. A situation when all the people in the working age group are actually engaged in some gainful employment
Answer : Option D
Explaination / Solution:
Full employment is the condition in which all who are able and willing to work are employed.
Q9. Currency appreciation occurs when
Answer : Option D
Explaination / Solution:
No Explaination.
Q10. The standard deviation of ungrouped data can be calculated by:
Answer : Option C
Explaination / Solution:
No Explaination.
