Economics - Online Test
Q1. The statistical data collected by _____ released through its quarterly journal called _____.
Answer : Option D
Explaination / Solution:
NSSO has been publishing Sarvekshana since July 1977. It has been the major source of information based on the socio-economic surveys undertaken by NSSO on varioes aspects of national importance.
Q2. CPCB stands for
Answer : Option D
Explaination / Solution:
In order to address two major environmental concerns in India, viz., water and air pollution, the government set up the Central Pollution Control Board (CPCB) in 1974.
Q3. The fraction of deposits kept as Cash Reserves by the commercial banks is a
Answer : Option C
Explaination / Solution:
No Explaination.
Q4. Most frequently used index number formula are
Answer : Option A
Explaination / Solution:
An index number becomes a weighted index when the relative importance of items is taken care of.
Q5. To provide the educational facilities to the children of transferable central government employees _____ were established
Answer : Option D
Explaination / Solution:
The Kendriya Vidyalayas were established to cater to the educational needs of transferrable Central Government employees including Defence and Para military personnel by providing a common program of education.
Q6. The purpose of classification is to
Answer : Option D
Explaination / Solution:
Data classification is the process of organizing data into categories for its most effective and efficient use. A well-planned data classification system makes essential data easy to find and retrieve. This can be of particular importance for risk management, legal discovery, and compliance.
Q7. If the price of the commodity rises by 10 % and consequently the quantity supplied rises by 20 %, then the elasticity of supply will be
Answer : Option C
Explaination / Solution:
No Explaination.
Q8. Cost-push inflation can start with
Answer : Option C
Explaination / Solution:
No Explaination.
Q9. The slope of the saving function gives the
Answer : Option B
Explaination / Solution:
No Explaination.
Q10. Industrial sector creates infrastructure which helps in growth of
Answer : Option D
Explaination / Solution:
Industrial infrastructure - electricity, roads, airports, water systems and telecommunications are the foundations of modern economies and its helps in growth of all sectors of economy .
