Economics - Online Test
Q1. Sustainable development that meets the need of the present generation without compromising the ability of the future generation to meet their own needs. This definition given by
Answer : Option D
Explaination / Solution:
No Explaination.
Q2. Which one of the following is not a secondary function of money
Answer : Option D
Explaination / Solution:
No Explaination.
Q3. Index Number reveals the state of
Answer : Option D
Explaination / Solution:
No Explaination.
Q4. The most important indicator of the status of education of a country is the
Answer : Option D
Explaination / Solution:
Literacy rate refers to the percentage of people who are able to read and write to those who are not. Literacy rate is concerned wth the education of the country.
Q5. the data related with population, sales of a firm, imports and exports of a country are always subjected to
Answer : Option D
Explaination / Solution:
In chronological classification the collected data are arranged according to the order of time expressed in years, months, weeks, etc., The data is generally classified in ascending order of time. For example, the data related with population, sales of a firm, imports and exports of a country are always subjected to chronological classification.
Q6. Which of the following action of govt not lead to inflation
Answer : Option D
Explaination / Solution:
No Explaination.
Q7. When a firm’s average revenue are more than its average total cost its profit will be?
Answer : Option A
Explaination / Solution:
No Explaination.
Q8. The average propensity to consume can be greater than one
Answer : Option C
Explaination / Solution:
No Explaination.
Q9. Iron and steel industries began coming up in
Answer : Option A
Explaination / Solution:
The iron and steel industry in India had a real beginning in the year 1907 after the establishment of Tata Iron and Steel Company (TISCO).
Q10. In a bar chart the method used to distinguish one bar from another must be displayed separately such display is called
Answer : Option D
Explaination / Solution:
The legend displays the series in a chart with a predefined symbol and the name of the series.
