Economics - Online Test

Q1. The law of supply explains a
Answer : Option C
Explaination / Solution:
No Explaination.


Q2. The coefficient of correlation
Answer : Option C
Explaination / Solution:

Because the two series can be related directly or Inversely.

Q3. Valmiki Ambedkar Awas Yojne was launched in
Answer : Option D
Explaination / Solution:

Launched in 2001, the Valmiki Ambedkar Awaas Yojana is a centrally sponsored scheme which aims to improve the living conditions of slum dwellers across India, hoping to transform the way of life in these slums. Given the fact that the growth of our nation depends on the growth of individuals, this scheme hopes to help slum dwellers utilise their potential, helping them achieve a decent standard of living.

Q4. NSSO stands for ________.
Answer : Option D
Explaination / Solution:

The abbreviation NSSO is for National Sample Survey Organisation, which conducts surveys in India.

Q5. Example of overuse of environmental resources are
Answer : Option A
Explaination / Solution:
No Explaination.


Q6. When a firm’s TR>TC, it can still cover its normal profit
Answer : Option A
Explaination / Solution:
No Explaination.


Q7. Statutory Liquidity ratio is a percentage of total deposits which the central bank keeps with the commercial banks by law.
Answer : Option C
Explaination / Solution:
No Explaination.


Q8. ____ does not study individual cases
Answer : Option B
Explaination / Solution:

Statistics does not give any specific importance to the individual items; in fact it deals with an aggregate of objects

Q9. NCERT was established in
Answer : Option C
Explaination / Solution:

The National Council Of Educational Research and Training was established by the Government of India in 1961 to assist and advice the Central and State Governments on qualitative improvement in school education.

Q10. A characteristic of interest for the elements is
Answer : Option D
Explaination / Solution:
No Explaination.