Economics - Online Test

Q1. Transient poor consists
Answer : Option B
Explaination / Solution:

Transient poverty is cyclical or temporary. The transient poor can move out of poverty once the exogenous shock has passed. It might be related to seasonally; or to losing a job.

Q2. Which of the following is the method of Unrestricted random sampling?
Answer : Option B
Explaination / Solution:

In this method, each unit have an equal probability/chance of getting selected, hence the sampling is unrestricted as well as random

Q3. In Delhi the use of which fuel in public transport has significantly lowered air pollution
Answer : Option A
Explaination / Solution:
No Explaination.


Q4. One of the functions of commercial l banks among the following is
Answer : Option C
Explaination / Solution:
No Explaination.


Q5. Commodities which show considerable price fluctuations could be best measured by a…………….
Answer : Option B
Explaination / Solution:
No Explaination.


Q6. HDI index rates all countries on a scale of
Answer : Option B
Explaination / Solution:

The Human Development Index is a composite statistic of life expectancy, education and percapita income indicators and ranks countries accordingly. India falls under 0.600-0.649 category. Canada, the United States and Australia are some examples of 0.900-1 category.

Q7. Classification like male-female, healthy-unhealthy, educated-uneducated are example of
Answer : Option A
Explaination / Solution:
No Explaination.


Q8. Which of the following is an example of hyperinflation
Answer : Option B
Explaination / Solution:
No Explaination.


Q9. AR is nothing but demand curve.
Answer : Option B
Explaination / Solution:
No Explaination.


Q10. Saving is an increasing function of income. It is
Answer : Option A
Explaination / Solution:
No Explaination.