CBSE 12TH ECONOMICS - Online Test
Q1. Does production takes place only on PPC?
Answer : Option B
Explaination / Solution:
When all resources are employed on ideal situation, production can take place on PPC
Q2. What happens to TR when MR is increasing
Answer : Option A
Explaination / Solution:
No Explaination.
Q3. One of the various qualitative instruments used by the central bank in during deflation is
Answer : Option C
Explaination / Solution:
No Explaination.
Q4. The break- even point is where MR=MC
Answer : Option C
Explaination / Solution:
No Explaination.
Q5. The formula of investment multiplier in terms of MPS is
Answer : Option C
Explaination / Solution:
No Explaination.
Q6. Capital expenditure is incurred on normal functioning of the govt. Administration. It is
Answer : Option C
Explaination / Solution:
No Explaination.
Q7. water in a stream is a
Answer : Option C
Explaination / Solution:
No Explaination.
Q8. A rise in the income of the consumer leads to a fall in the demand for commodity ‘x’. What type of good is commodity ‘x’?
Answer : Option D
Explaination / Solution:
No Explaination.
Q9. Balance of current account includes
Answer : Option D
Explaination / Solution:
No Explaination.
Q10. Positive economic analyses
Answer : Option C
Explaination / Solution:
Positive economics is objective and fact based, statements do not have to be correct, but they must be able to be tested and proved or disproved.
