Economics - Online Test

Q1. At producer’s equilibrium when MR=MC and then
Answer : Option B
Explaination / Solution:
No Explaination.


Q2. It controls and guides higher education
Answer : Option D
Explaination / Solution:

University Grants Commission was established in November 1956 by the Government of India through an act of Parliament for the coordination, determination and maintenance of standards of university education in India.

Q3. Array gives some orders to data by placing the
Answer : Option A
Explaination / Solution:
No Explaination.


Q4. Which of the following can start inflation?
Answer : Option D
Explaination / Solution:
No Explaination.


Q5. The important factor influencing the propensity to save in an economy is
Answer : Option C
Explaination / Solution:
No Explaination.


Q6. Which of the following statement is true regarding the condition of Infrastructure
Answer : Option C
Explaination / Solution:

The relationship between the growth of British capitalism and the evolution of a dependent, colonial economy in India is greatly manifested in the development of Indian railways, roads, bridges and post and telegraph.

Q7. Pie chart is
Answer : Option C
Explaination / Solution:

A pie diagram is also a component diagram, but unlike a bar diagram, here it is a circle whose area is proportionally divided among the components. it represents. It is also called a pie chart. The circle is divided into as many parts as there are components by drawing straight lines from the centre to the circumference

Q8. Government fixes for how many agricultural products
Answer : Option B
Explaination / Solution:

The MSP is announced by the Government of India for 25 crops currently at the beginning of each season viz. Rabi and Kharif.

Q9. The reason for slow growth rate and re-emergences of poverty
Answer : Option C
Explaination / Solution:

Debt Trap - There was an increasing dependence on foreign loans and repayment of these loans became difficult. New loans were taken to repay older ones and thus interest obligations mounted over the years.

Q10. Inclusive growth can be achieved by
Answer : Option D
Explaination / Solution:

Inlusive growth refers to advancing equitable opportunities with an objective to reduce inequality and poverty.