CBSE 12TH ECONOMICS - Online Test
Q1. The central problems of an economy are due to
Answer : Option B
Explaination / Solution:
Central economic problem asserts that an economy's finite resources are insufficient to satisfy all human wants and needs. It assumes that human wants are unlimited, but the means to satisfy human wants are scarce.
Q2. In the long run TPP changes with the change in which of the following factors
Answer : Option C
Explaination / Solution:
No Explaination.
Q3. A rational consumer is a person who?
Answer : Option B
Explaination / Solution:
No Explaination.
Q4. The functions of money is that it is a
Answer : Option D
Explaination / Solution:
No Explaination.
Q5. APS=
Answer : Option B
Explaination / Solution:
No Explaination.
Q6. One of the objectives of the government budget is
Answer : Option C
Explaination / Solution:
No Explaination.
Q7. Real GNP is same as
Answer : Option A
Explaination / Solution:
No Explaination.
Q8. Real flow is the flow of
Answer : Option D
Explaination / Solution:
No Explaination.
Q9. Which of the following utility approach suggests that utility is a measurable and quantifiable entity?
Answer : Option B
Explaination / Solution:
No Explaination.
Q10. The equilibrium exchange rate is determined at the point where the
Answer : Option D
Explaination / Solution:
No Explaination.
