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CBSE 12TH ECONOMICS - Online Test
cbse 12th economics
TEST : 30
Consumers Equilibrium and Demand
Prepare / Learn
Q1.
When the total utility is increasing at an increasing rate, marginal utility is___________?
A.
Negative
B.
Decreasing
C.
Increasing
D.
Constant
View Solution
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Answer :
Option C
Explaination / Solution:
No Explaination.
Balance of Payments
Prepare / Learn
Q2.
Foreign exchange means
A.
Any currency
B.
US Dollars
C.
Any currency other than the domestic currency
D.
Domestic currency
View Solution
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Answer :
Option C
Explaination / Solution:
No Explaination.
Introduction to Economics
Prepare / Learn
Q3.
A Production Possibility Frontier shifts rightward if
A.
Both of these
B.
None of these
C.
Resources increase
D.
Technology improves
View Solution
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Answer :
Option C
Explaination / Solution:
The most common reason a PPF would shift is because of a change in technology, or because of economic growth.
Producer Behaviour and Supply
Prepare / Learn
Q4.
AFC curve never touches ‘x’ axis though it lies very close to x axis because
A.
AFC can never be zero
B.
AFC is horizontal
C.
AFC is always vertical
D.
AFC curve can never be extended to touch zero with increase in output
View Solution
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Answer :
Option A
Explaination / Solution:
No Explaination.
Money and Banking
Prepare / Learn
Q5.
An economy based on barter system is also called as
A.
B-B economy
B.
D-D economy
C.
M-M economy
D.
C-C economy
View Solution
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Answer :
Option D
Explaination / Solution:
No Explaination.
Forms of Market and Price Determination
Prepare / Learn
Q6.
The relationship between AR and MR when price is constant is
A.
The values are same
B.
AR>MR
C.
The values increase
D.
The values decrease
View Solution
Add Work Space
Answer :
Option A
Explaination / Solution:
No Explaination.
Determination of Income and Employment
Prepare / Learn
Q7.
Can the value of APS be negative?
A.
FALSE
B.
Insufficient information
C.
Can’t say
D.
1
View Solution
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Answer :
Option D
Explaination / Solution:
No Explaination.
Government Budget and the Economy
Prepare / Learn
Q8.
Public expenditure can be Development and Non-development
A.
FALSE
B.
1
C.
Insufficient information
D.
Can’t say
View Solution
Add Work Space
Answer :
Option A
Explaination / Solution:
No Explaination.
National Income and Related Aggregates
Prepare / Learn
Q9.
Which of the following is a component of Net factor income from abroad is
A.
Net current transfers
B.
Net indirect taxes
C.
Net subsidies
D.
Net compensation of employees
View Solution
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Answer :
Option D
Explaination / Solution:
No Explaination.
Consumers Equilibrium and Demand
Prepare / Learn
Q10.
At the saturation point of commodity X, the MUx is?
A.
Zero
B.
Negative
C.
Positive
D.
None of these
View Solution
Add Work Space
Answer :
Option A
Explaination / Solution:
No Explaination.
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cbse 12th economics
TEST : 30
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