Economics - Online Test
Q1. If APC is 0.7 then APS will be
Answer : Option A
Explaination / Solution:
No Explaination.
Q2. How is the literacy rate is calculated
Answer : Option C
Explaination / Solution:
Number of Literate persons divided by total population and multiply by 100.
Q3. The numerical information in a statistical table is called the:
Answer : Option A
Explaination / Solution:
A table contains numerical data like population, income, production etc which is known as body of the table.
Q4. After the initiation of reforms the growth rate of agricultural sector
Answer : Option D
Explaination / Solution:
Since the inception of economic reforms, Indian economy has achieved a remarkable rate of growth. This fantabulous performance, to a large extent, was driven by service sector and improvements in the secondary sector. However, this growth process bypassed the agricultural sector, which showed sharp deceleration in the growth rate (3.62 percent during 1984/85 - 1995/96 to 1.97 percent in 1995/96 – 2004/05).
Q5. Policy of ‘reform and opening-up’ launched in
Answer : Option B
Explaination / Solution:
reform and opening-up refers to the program of economic reforms termed "Socialism with Chinese characteristics" in the People's Republic of China (PRC) that was started in December 1978 by reformists ...
Q6. The objective of Self reliance in planning means reducing dependence
Answer : Option C
Explaination / Solution:
The motive of self reliance is to attain self sufficiency and use its own resources rather than be dependent on others.
Q7. Loan by govt.
Answer : Option B
Explaination / Solution:
No Explaination.
Q8. Which measure of central tendency takes into account the magnitude of scores?
Answer : Option D
Explaination / Solution:
Measures of central tendency describe the distribution of scores around a midpoint. The mean is the most commonly used measure of central tendency
Q9. The fundamental cause of unemployment from the labour demand angle is
Answer : Option B
Explaination / Solution:
when consumer demand for a product or service declines there can be a corresponding reduction in supply production to compensate. As the supply levels are reduced, fewer employees are required to meet the lower standard of production volume.
Q10. State which one of the following is true .
Answer : Option B
Explaination / Solution:
No Explaination.
