CBSE 12TH ECONOMICS - Online Test
Q1. One of the Implication of Fiscal deficit is
Answer : Option A
Explaination / Solution:
No Explaination.
Q2. Flow is a
Answer : Option C
Explaination / Solution:
No Explaination.
Q3. If two negatively sloped demand curves intersect then
Answer : Option D
Explaination / Solution:
No Explaination.
Q4. Point out a merit of flexible exchange rate
Answer : Option D
Explaination / Solution:
Flexible exchange rate is determined by the forces of demand and supply i.e. where demand equals supply eliminating the undervaluation or overvaluation of currencies.
Q5. Labour intensive technique would get chosen in
Answer : Option A
Explaination / Solution:
The labor surplus economy model has as its basic premise the inability of unskilled agricultural labor markets to clear in countries with high man/land ratios. In such situations, the marginal product of laboris likely to fall below a bargaining wage, related to the average rather than the marginal product.
Q6. The break- even point is
Answer : Option A
Explaination / Solution:
No Explaination.
Q7. The narrow definition of money is not based on
Answer : Option A
Explaination / Solution:
No Explaination.
Q8. Perfectly competitive firm faces?
Answer : Option D
Explaination / Solution:
No Explaination.
Q9. The value of the multiplier is determined by the
Answer : Option B
Explaination / Solution:
No Explaination.
Q10. Another Implication of Fiscal deficit is
Answer : Option C
Explaination / Solution:
No Explaination.
