CBSE 12TH ECONOMICS - Online Test
Q1. The savings function derived from the consumption function c=-a+by is
Answer : Option A
Explaination / Solution:
No Explaination.
Q2. HYVP stands for
Answer : Option D
Explaination / Solution:
It was introduced in 1964-65 with a new dimension of agricultural production created in the community development project. HYV of Wheat, Paddy and introduced in selected 100 districts but later on it spread in other area also. The objective of this programme is to adopt HYV for maximum production.
Q3. transfer payment is a
Answer : Option C
Explaination / Solution:
No Explaination.
Q4. Can the net indirect taxes be negative?
Answer : Option A
Explaination / Solution:
No Explaination.
Q5. The slope of price line throughout its length?
Answer : Option D
Explaination / Solution:
No Explaination.
Q6. If exchange rate increases, this will make
Answer : Option A
Explaination / Solution:
No Explaination.
Q7. Microeconomics studies the behaviour of
Answer : Option D
Explaination / Solution:
The term Micro Economics is derived from the Greek work “Mikros” which means “Small”. Micro economics gives a detailed analysis of one part of the economy or society. It studies the behaviour of individual units of the economy, such as households, firms, industries and markets.
Q8. AVC, AFC & ATC are related in a way that
Answer : Option D
Explaination / Solution:
No Explaination.
Q9. The fraction of deposits kept as Cash Reserves by the commercial banks is a
Answer : Option C
Explaination / Solution:
No Explaination.
Q10. If the price of the commodity rises by 10 % and consequently the quantity supplied rises by 20 %, then the elasticity of supply will be
Answer : Option C
Explaination / Solution:
No Explaination.
