CBSE 12TH ECONOMICS - Online Test
Q1. At producer’s equilibrium when MR=MC and then
Answer : Option B
Explaination / Solution:
No Explaination.
Q2. The important factor influencing the propensity to save in an economy is
Answer : Option C
Explaination / Solution:
No Explaination.
Q3. Capital Expenditure
Answer : Option C
Explaination / Solution:
No Explaination.
Q4. Can the change in inventories be in negative?
Answer : Option B
Explaination / Solution:
No Explaination.
Q5. Total utility is maximum when?
Answer : Option D
Explaination / Solution:
No Explaination.
Q6. When price of a foreign currency rises its supply also rises.
Answer : Option C
Explaination / Solution:
No Explaination.
Q7. The positive economic analysis deals with the variables
Answer : Option B
Explaination / Solution:
Positive economics is the branch of economics that concerns the description and explanation of economic phenomena. It focuses on facts and cause-and-effect behavioral relationships and includes the development and testing of economics theories.
Q8. Average cost is derived by
Answer : Option B
Explaination / Solution:
No Explaination.
Q9. The fraction of deposits kept as Cash Reserves by the commercial banks with themselves is called
Answer : Option B
Explaination / Solution:
No Explaination.
Q10. If the price of the commodity falls by 10% and consequently the quantity supplied decreases by 20 %, then the elasticity of supply will be
Answer : Option A
Explaination / Solution:
No Explaination.
