Economics - Online Test
Q1. Indian system of medicine consists of six system of Indian medicine called
Answer : Option D
Explaination / Solution:
Indian Systems of Medicine (ISM): It includes six systems: Ayurveda, Yoga, Unani, Siddha, Naturopathy and Homeopathy (AYUSH).
Q2. The problem of ‘ How to’ is making a choice between
Answer : Option D
Explaination / Solution:
Technology means the correct proportion in which the different factors of production are to be employed. There are two types of techniques. A labour-intensive technique would employ relatively more labour and less capital. On the other hand, capital- intensive technique means more capital and less labour.The context of how to produce is ‘which techniques are to be adopted’?
Q3. AVC and AFC always lie below AC because
Answer : Option C
Explaination / Solution:
No Explaination.
Q4. If the plotted points in the plane are spread all over the diagram, then there is
Answer : Option C
Explaination / Solution:
Data points scattered all over the diagram indicate no association between the two variables and hence there is no correlation.
Q5. Which programme has the government adopted to help the elderly people and poor and destitute women
Answer : Option A
Explaination / Solution:
The National Social Assistance Programme (NSAP) is a Centrally Sponsored Scheme of the Government of India that provides financial assistance to the elderly, widows and persons with disabilities in the form of social pensions.
Q6. Sampling in which every item of the population has an equal and independent chance of being selected is called
Answer : Option D
Explaination / Solution:
This method selects unit with equal probability and replacement. Because units are selected with replacement, a unit can be selected for the sample more than once.
Q7. In mountainous regions, streams can be found almost everywhere. A large percentage of such streams are perennial. Which plants use the energy of such streams to move small turbines
Answer : Option C
Explaination / Solution:
No Explaination.
Q8. One of the primary functions of money is
Answer : Option A
Explaination / Solution:
No Explaination.
Q9. Suppose we want to know the average changes in the price of a set of commodities in 2010 with respect to the prices of same set of commodities in 2008. In this case what will be the base year?
Answer : Option C
Explaination / Solution:
No Explaination.
Q10. GER stands for
Answer : Option B
Explaination / Solution:
The Gross Enrolment Ratio is a statistical measure of students enrolled in a specific level of education as a percentage of the population corresponding to that level of education. GER is used worldwide and also by the United Nations.
