Economics - Online Test
Q1. Series in which data are presented in a way that exact measurement of items are clearly shown
Answer : Option A
Explaination / Solution:
No Explaination.
Q2. While construction e RPI which is not used
Answer : Option A
Explaination / Solution:
No Explaination.
Q3.
Answer : Option C
Explaination / Solution:
No Explaination.
Q4. The value of APS can be negative when
Answer : Option B
Explaination / Solution:
No Explaination.
Q5. The estimate given by Dr Rao regarding per capita output was
Answer : Option C
Explaination / Solution:
V.K.R.V. Rao whose estimates per capita income 0.005 during the colonial period was considered very significant..
Q6. Which of the following is prepared by using class intervals and frequencies?
Answer : Option A
Explaination / Solution:
These three can be prepared when data is given in the form of class intervals and corresponding frequencies.
Q7. 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.
Q8. PPP GDP per capita growth rate of China during (1990-2007) is
Answer : Option D
Explaination / Solution:
China's nominal GDP surpassed that of Italy in 2000, France in 2005, the United Kingdom in 2006 and that of Germany in 2007, before overtaking Japan in 2009, making China the World's second largest economy after the United States. But adjusting for purchasing power parity(PPP), China become the world's second largest economy as early as 1999 surpassing Japan, and has toppled America to become the biggest economy since 2014
Q9. Life expectancy in 1991 was
Answer : Option C
Explaination / Solution:
Life expectancy refers to the the average period that a person may expect to live. In 1991 life expectancy was between 60 and 61 years.
Q10. Public expenditure can be planned only
Answer : Option C
Explaination / Solution:
No Explaination.
