Economics - Online Test
Q1. An economy based on barter system is also called as
Answer : Option D
Explaination / Solution:
No Explaination.
Q2. Comparison is made between base year and is called index number of prices
Answer : Option A
Explaination / Solution:
No Explaination.
Q3. Navodaya Vidyalaya started in
Answer : Option B
Explaination / Solution:
Jawahar Navodaya Vidyalay are Government supported schools in Indian districts, to provide education and scope for talented children from rural areas. The idea was conceived by former Prime Minister Rajiv Gandhi and accordingly the first schools were set up in 1985-86 in two districts - Jhajjar (Haryana) and Amaravati (Maharashtra).
Q4. How variable is differ from attributes
Answer : Option B
Explaination / Solution:
Attributes assigned to variables may have the same units as the variable or have no units . If you want to store data that requires units different from those of the associated variable, it is better to use a variable than an attribute.
Q5. A situation when price and unemployment rise together
Answer : Option A
Explaination / Solution:
No Explaination.
Q6. The relationship between AR and MR when price is constant is
Answer : Option A
Explaination / Solution:
No Explaination.
Q7. Can the value of APS be negative?
Answer : Option D
Explaination / Solution:
No Explaination.
Q8. Census is conducted after every
Answer : Option D
Explaination / Solution:
First synchronous census in India was held in 1881. Since then, censuses have been undertaken uninterruptedly once every ten year.
Q9. Graphic presentation of a cumulative frequency distribution is
Answer : Option B
Explaination / Solution:
By using cumulative frequencies, we can prepare less than type and more than type ogive.
Q10. Why it was considered to replace the private money lender by institutional source of credit
Answer : Option C
Explaination / Solution:
Due to non institutional credit, farmers often led to a debt trap.
