CBSE 12TH ECONOMICS - Online Test
Q1. In intermediate goods
Answer : Option D
Explaination / Solution:
No Explaination.
Q2. Consumer’s equilibrium means?
Answer : Option B
Explaination / Solution:
No Explaination.
Q3. To buy domestic or foreign goods, the more relevant is
Answer : Option D
Explaination / Solution:
No Explaination.
Q4. In a market economy, the central problems are solved by
Answer : Option D
Explaination / Solution:
To solve the problems through market or price mechanism ie., what goods are to be produced and what quantities, which methods for production are to be employed for the production of goods and how the output is to be distributed, should be decided by the free play of the forces of demand and supply.
Q5. The law of supply explains a
Answer : Option C
Explaination / Solution:
No Explaination.
Q6. When a firm’s TR>TC, it can still cover its normal profit
Answer : Option A
Explaination / Solution:
No Explaination.
Q7. Statutory Liquidity ratio is a percentage of total deposits which the central bank keeps with the commercial banks by law.
Answer : Option C
Explaination / Solution:
No Explaination.
Q8. MPC= 1-MPS. It is
Answer : Option A
Explaination / Solution:
No Explaination.
Q9. The policies useful to reduce inequalities of income are the
Answer : Option B
Explaination / Solution:
No Explaination.
Q10. In final goods
Answer : Option B
Explaination / Solution:
No Explaination.
