CBSE 12TH ECONOMICS - Online Test
Q1. Can the net indirect taxes be positive?
Answer : Option D
Explaination / Solution:
No Explaination.
Q2. The doctrine of consumer’s surplus is based on?
Answer : Option C
Explaination / Solution:
No Explaination.
Q3. A source of supply of foreign exchange is
Answer : Option C
Explaination / Solution:
When price of a foreign currency rises, domestic goods become relatively cheaper. It induces the foreign country to increase their imports from the domestic country
Q4. As they see Opportunity cost means
Answer : Option A
Explaination / Solution:
Opportunity cost, also known as alternative cost, is the value (not a benefit) of the choice of a best alternative cost while making a decision. A choice needs to be made between several mutually exclusive alternatives; assuming the best choice is made, it is the "cost" incurred by not enjoying the benefit that would have been had by taking the second best available choice.
Q5. The relationship between AC & MC is
Answer : Option A
Explaination / Solution:
No Explaination.
Q6. One of the functions of commercial l banks among the following is
Answer : Option C
Explaination / Solution:
No Explaination.
Q7. AR is nothing but demand curve.
Answer : Option B
Explaination / Solution:
No Explaination.
Q8. Saving is an increasing function of income. It is
Answer : Option A
Explaination / Solution:
No Explaination.
Q9. Public expenditure can be planned and unplanned
Answer : Option A
Explaination / Solution:
No Explaination.
Q10. Can the change in inventories be in positive?
Answer : Option A
Explaination / Solution:
No Explaination.
