Economics - Online Test
Q1. Calculate the standard deviation from the following data.14, 22, 9, 15, 20, 17, 12, 11
Answer : Option D
Explaination / Solution:
No Explaination.
Q2. PLF is lowest in
Answer : Option C
Explaination / Solution:
Lowest in Eastern Region(62%) Highest in Southern Region(81%) SEB (65%) Central & Pvt. (79%) ... Partnership in excellence - 26 Thermal Station (PLF-60%)
Q3. A movement along a PPC implies
Answer : Option C
Explaination / Solution:
The movement along the PPC from left to right shows that in order to produce more units of capital goods, the economy must sacrifice some amount of consumer goods
Q4. TFC is not zero at zero level of output as
Answer : Option B
Explaination / Solution:
No Explaination.
Q5. Following are the examples of positive correlation except
Answer : Option D
Explaination / Solution:
It is an example of negative correlation because with the rise in temperature the sale of woollen garments will fall.
Q6. Pradhan Mantri Gramodaya Yojana aims at
Answer : Option B
Explaination / Solution:
PMGY was launched in 2000-2001 in all States and Union Territories (UTs) in order to achieve the objective of sustainable human development at the village level. The PMGY envisages allocation of Additional Central Assistance to the States and UTs for selected basic minimum services in order to focus on certain priority areas. PMGY initially had five components viz., primary health, primary education, rural shelter, rural drinking water and nutrition.
Q7. Sampling scheme where the units constituting the sample are selected at regular interval after selecting the very first unit at random with equal chance is called
Answer : Option A
Explaination / Solution:
If a researcher wanted to create a systematic sample of 1,000 students at a university with an enrolled population of 10,000, he or she would choose every tenth person from a list of all students.
Q8. According to Herman Daly steps required for achieving sustainable development are as follows except
Answer : Option D
Explaination / Solution:
To achieve sustainable decvelopment the following needs to be done :
- Renewable resources should be extracted in sustainable manner.
- Rate of extraction of non renewable resorces should not exceed the rate of creation of renewable substitutes.
- Inefficiences arising from pollution should be corrected.
- Technological progress should be input efficient.
- Limiting the human population.
Q9. Which one of the following is not a secondary functions of money
Answer : Option C
Explaination / Solution:
No Explaination.
Q10. From the following which is not a kind of index number
Answer : Option D
Explaination / Solution:
No Explaination.
