Economics - Online Test
Q1. In the long run TPP changes with the change in which of the following factors
Answer : Option C
Explaination / Solution:
No Explaination.
Q2. If with the fall in the value of one variable the value of another variable rises in the same proportion then it is said to be
Answer : Option C
Explaination / Solution:
Because both the variables are moving in different directions.
Q3. Having insufficient income to provide a minimum standard of living is
Answer : Option A
Explaination / Solution:
Absolute poverty was defined as a condition characterised by severe deprivation of basic human needs, including food, safe drinking water, sanitation facilities, health, shelter, education and information. It depends not only on income but also on access to services.
Q4. Which of the following is not the published source.
Answer : Option B
Explaination / Solution:
Website is not the published source because it is not published with the consent of respective authority.
Q5. Following are abiotic elements except
Answer : Option D
Explaination / Solution:
All living elements are biotic like birds,animals and plants,forests,fisheries,etc... whereas all non- living elements are abiotic like air,water,land,etc...
Q6. A rational consumer is a person who?
Answer : Option B
Explaination / Solution:
No Explaination.
Q7. The functions of money is that it is a
Answer : Option D
Explaination / Solution:
No Explaination.
Q8. An appropriate method for working out consumer price index is
Answer : Option C
Explaination / Solution:
In this method, the family budgets of a large number of people are carefully studied and the aggregate expenditure of the average family on various items is estimated.
Q9. People as a resource means
Answer : Option D
Explaination / Solution:
Human capital is always evolving with respect to skiils, education and health. For purposes of measurement, the existing productive skill sets are taken into account.
Q10. Continuous variable
Answer : Option B
Explaination / Solution:
No Explaination.
