Economics - Online Test
Q1. Study of price and demand eliminating supply side
Answer : Option B
Explaination / Solution:
Partial correlation measures the degree of association between two random variables while controlling or eliminating the effect of one or more other variables.
Q2. The food work programme was renamed as
Answer : Option C
Explaination / Solution:
The Food For Work Programme was restructured and renamed as National Rural Employment Programme in October 1980 by the then Prime Minister Indira Gandhi and it became a regular Programme from April 1981 . The Programme was launched during the Sixth Five Year Plan. It aims the implementation of additional employment to under employed persons. Central-state contribution was on the basis of 50:50 ratio. In 1989 NREP was merged with Jawahar Rozgar Yojana.
Q3. Which sampling is also known as Judgment sampling
Answer : Option A
Explaination / Solution:
It is a type of non random sampling in which selection is based on the opinion of an expert.
Q4. Development that meets the need of the present generation without compromising the ability of the future generation to meet their own needs
Answer : Option C
Explaination / Solution:
The concept of sustainable development was emphasised by the United Nations Conference on Environment and Development (UNCED), which defined it as: ‘Development that meets the need of the present generation without compromising the ability of the future generation to meet their own needs’.
Q5. One of the secondary functions of money is
Answer : Option D
Explaination / Solution:
No Explaination.
Q6. ………….. reflects on the price change experienced by families of people.
Answer : Option B
Explaination / Solution:
No Explaination.
Q7. SSA started in
Answer : Option B
Explaination / Solution:
The Sarva Shiksha Abhiyan is an initiative by the Central Government in partnership with the State Governments to educate all children between the ages 6-14. It was started in the year 2000.
Q8. Series in which every class interval excludes items corresponding to its upper limits
Answer : Option B
Explaination / Solution:
When the class intervals are so fixed that the upper limit of one class is the lower limit of the next class; it is known as the exclusive method of classification. The exclusive method ensures continuity of data as much as the upper limit of one class is the lower limit of the next class.
Q9. Long run solution of inflation lies in
Answer : Option A
Explaination / Solution:
No Explaination.
Q10. Automobile industry is an example of?
Answer : Option D
Explaination / Solution:
No Explaination.
