Economics - Online Test
Q1. At what point does total utility starts diminishing?
Answer : Option A
Explaination / Solution:
No Explaination.
Q2. Which statutory body is having power regarding stock market
Answer : Option A
Explaination / Solution:
The Securities and Exchange Board of India (SEBI) is the regulator for the securities market in India.
Q3. Devaluation is a
Answer : Option C
Explaination / Solution:
No Explaination.
Q4. When should measures of location and dispersion be computed from grouped data rather than from individual data values?
Answer : Option C
Explaination / Solution:
No Explaination.
Q5. Which plan is to provide at least one community health worker for every village at a norm of 1000 population
Answer : Option A
Explaination / Solution:
Janani Suraksha Yojana (JSY) under the overall umbrella of National Rural Health Mission (NRHM). The objective is to reduce overall maternal mortality ratio and infant mortality rate.
Q6. Any allocation of resources result in
Answer : Option D
Explaination / Solution:
Resource allocation arises as an issue because the resources of a society are in limited supply, whereas human wants are usually unlimited, and because any given resource can have many alternative uses.
Q7. The fixed cost curve is a horizontal straight line to the X axis because
Answer : Option B
Explaination / Solution:
No Explaination.
Q8. Which of the following may have an adverse effect on the correlation coefficient?
Answer : Option D
Explaination / Solution:
Other factors being equal, a restricted range usually yields a smaller correlation coefficient.
Q9. The poverty line defined for rural areas as consumption worth rupees ____ per person a month
Answer : Option B
Explaination / Solution:
Suresh Tendulkar Committee defined the poverty line on the basis of monthly spending on food, education, health, electricity and transport. According to this estimate, a person who spends Rs. 27.2 in rural areas and Rs. 33.3 in urban areas a day are defined as living below the poverty line.The Rangarajan panel considered people living on less than Rs. 32 a day in rural areas and Rs. 47 a day in urban areas as poor.
Q10. Following are the method of restricted random sampling except
Answer : Option C
Explaination / Solution:
This method is not a method of random sampling because some charecterstics are formed to select the population
