Economics - Online Test
Q1. Which law is also called Principle of Stability of Mass Data
Answer : Option B
Explaination / Solution:
Statistical observations that any anomly can be discovered by comparing different samples if the samples from a large group of test population trend to group's charecterstics.
Q2. Deforestation leads to
Answer : Option B
Explaination / Solution:
No Explaination.
Q3. Statutory Liquidity ratio is a percentage of total deposits which the commercial bank keeps with the central bank by law.
Answer : Option C
Explaination / Solution:
No Explaination.
Q4. When a firm’s TR>TC, it cannot cover its normal profit
Answer : Option B
Explaination / Solution:
No Explaination.
Q5. ____ is a special type of average which provides a measurement of relative changes from time to time or from place to place.
Answer : Option B
Explaination / Solution:
An Index number is a technique of averaging all the changes in the group of series over a period of time. Index numbers is a special type of average which provides a measurement of relative changes from time to time or from place to place.
Q6. In how many stages of education are there in India
Answer : Option D
Explaination / Solution:
No Explaination.
Q7. Range is the
Answer : Option A
Explaination / Solution:
The Range is the difference between the lowest and highest values. To find the range, first order the data from least to greatest. Then subtract the smallest value from the largest value in the set.
Q8. The inflation rate is the
Answer : Option A
Explaination / Solution:
No Explaination.
Q9. The saving is negative at
Answer : Option C
Explaination / Solution:
No Explaination.
Q10. What was the motive behind the de-industrialisation by the colonial Govt. in India?
Answer : Option A
Explaination / Solution:
The two-fold motive behind the systematic deindustrialization effected by the British (i) Making India a Supplier of Raw Materials. (ii) Making India a Market for Finished Goods Another important objective of the British Government.
