CBSE 12TH ECONOMICS - Online Test
Q1. In the long run competitive market?
Answer : Option C
Explaination / Solution:
No Explaination.
Q2. APC can also be greater than one when
Answer : Option A
Explaination / Solution:
No Explaination.
Q3. Which of the following is a budget type?
Answer : Option D
Explaination / Solution:
No Explaination.
Q4. Stock is a
Answer : Option C
Explaination / Solution:
No Explaination.
Q5. Marginal utility curve of a given consumer is also his?
Answer : Option D
Explaination / Solution:
No Explaination.
Q6. Flexible exchange rate is determined by
Answer : Option A
Explaination / Solution:
It is determined by market forces because every currency area must decide what type of exchange rate arrangement to maintain. Between permanently fixed and completely flexible however, are heterogeneous approaches. They have different implications for the extent to which national authorities participate in foreign exchange markets.
Q7. Larger production of ___________ goods would lead to higher production in the future.
Answer : Option C
Explaination / Solution:
A capital good is a durable good that is used in the production of goods or services. Capital goods are one of the three types of producer goods, the other two being land and labour which are also known collectively as primary factors of production.
Q8. The relationships between AR and MR is when price falls is
Answer : Option C
Explaination / Solution:
No Explaination.
Q9. The narrow definition of money is based on
Answer : Option A
Explaination / Solution:
No Explaination.
Q10. Which one of the following statement is incorrect?
Answer : Option C
Explaination / Solution:
No Explaination.
