Economics - Online Test

Q1. If D2 = 0 rank correlation is
Answer : Option D
Explaination / Solution:

If it is so then the fraction part will be zero and when zero is subtracted from1 we will get 1.

Q2. The aim is to provide food grains at highly subsidized rates to poor families
Answer : Option D
Explaination / Solution:

Antyodaya Anna Yojana (AAY) is a Government of India sponsored scheme to provide highly subsidised food to millions of the poorest families. It was launched by the [NDA] government on 25 December 2000 and first implemented in the Indian State of Rajastan.

Q3. Direct personal investigation method is suitable where ___________
Answer : Option B
Explaination / Solution:

An investigator can keep the informaion secretly and , also, can help the respondent to understand the questions in a better way, through direct personal investigation.

Q4. Ozone layer prevents most harmful wavelengths of ______ light from passing through the earth’s atmosphere
Answer : Option B
Explaination / Solution:
No Explaination.


Q5. The break- even point where TR=TC, the firm earns normal profits only
Answer : Option A
Explaination / Solution:
No Explaination.


Q6. The lender of last resort is not a function of
Answer : Option A
Explaination / Solution:
No Explaination.


Q7. ____ serves as an economic barometer
Answer : Option D
Explaination / Solution:

Index numbers are today one of the most widely used statistical devices. They, are used to feel the pulse of the economy and they have come to be used as indicators of inflationary or deflationary tendencies.

Q8. Following are the educationally backward states except
Answer : Option C
Explaination / Solution:

Mizoram has a literacy rate of 91.58% according to the 2011 census. It is the second highest state in India in terms of literacy.

Q9. The series in which lower limit of the class interval or the upper limit of last class interval is missing
Answer : Option C
Explaination / Solution:

A class has either no lower class limit or no upper class limit in a frequency table is called an open- end class. An open ended distribution means that one or more of your classes is open-ended. In other words, it doesn't have a boundary.

Q10. Which is the monetary measure to control inflation
Answer : Option C
Explaination / Solution:
No Explaination.