Economics - Online Test

Q1. The demand for foreign exchange and the exchange rate has
Answer : Option C
Explaination / Solution:
No Explaination.


Q2. Which of the following symbols represents the standard deviation of the population?
Answer : Option A
Explaination / Solution:
No Explaination.


Q3. Which of the following is related to six system of Indian medicine(AYUSH) (i) Ayurveda (ii) Samveda (iii) Yoga (iv) Unani (v) Naturopathy (vi) Homoeopathy. Options are
Answer : Option C
Explaination / Solution:

Indian Systems of Medicine (ISM): It includes six systems: Ayurveda, Yoga, Unani, Siddha, Naturopathy and Homeopathy (AYUSH).

Q4. The subject of a Microeconomic study is
Answer : Option B
Explaination / Solution:

Microeconomics is a branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms

Q5. Explain the relationship TC, TFC & TVC.
Answer : Option C
Explaination / Solution:
No Explaination.


Q6. The Spearman correlation is used with
Answer : Option D
Explaination / Solution:

Spearman's rank correlation is used for ordinal data, where the values have not been measured but have been ranked.

Q7. Poverty line is determined on the basis of monetary value minimum subsistence level is
Answer : Option D
Explaination / Solution:

Subsistence Minimum is a minimum level of income, which is considered to be necessary to ensure sustenance and other basic personal needs at a level allowing the individual to survive.

Q8. It is a complete set of items that is being studied
Answer : Option B
Explaination / Solution:

It is the pool from which statistical data is drawn.

Q9. India is one of the___ most industrialised nations of the world
Answer : Option D
Explaination / Solution:
No Explaination.


Q10. The fraction of deposits kept as Cash Reserves by the commercial banks are also called as
Answer : Option A
Explaination / Solution:
No Explaination.