Economics - Online Test

Q1. Following are the major producers of marine products except
Answer : Option A
Explaination / Solution:

Kerala, Maharashtra, Gujarat and Tamil Nadu are the principal fisheries states in India .

Q2. Per Capita Income is higher in
Answer : Option B
Explaination / Solution:

Per capita income or average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year.

Q3. Who developed HYV seeds
Answer : Option B
Explaination / Solution:

Normal Borlaug was the "Father of the Green Revolution", who developed HYV seeds which involved the development of high-yielding varieties of cereal grains, expansion of irrigation infrastructure, modernization of management techniques to farmers.

Q4. Revenue Expenditure
Answer : Option C
Explaination / Solution:
No Explaination.


Q5. When the distribution is of open end classes which average may appropriate
Answer : Option C
Explaination / Solution:

An open ended distribution means that one or more of your classes are open-ended. In other words, it doesn’t have a boundary. In this frequency distribution table only find median from this data.

Q6. Find odd one out
Answer : Option B
Explaination / Solution:

Self-employed is a situation in which an individual works for himself instead of working for an employer that pays a salary or a wage. A self-employed individual earns his income through conducting profitable operations from a trade or business that he operates directly.

Q7. Can the gross domestic product be greater than the gross national product?
Answer : Option A
Explaination / Solution:
No Explaination.


Q8. Total utility curve:
Answer : Option D
Explaination / Solution:
No Explaination.


Q9. Market in which the securities of government and public companies are traded
Answer : Option B
Explaination / Solution:

Stock exchange is an organised and regulated financial market where securities are bought and sold at prices governed by the forces of demand and supply.

Q10. Depreciation is a
Answer : Option D
Explaination / Solution:
No Explaination.