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CBSE 12TH ECONOMICS - Online Test
cbse 12th economics
TEST : 42
Producer Behaviour and Supply
Prepare / Learn
Q1.
What happens to TR when MR is decreasing but remains positive
A.
Decreases at increasing rate
B.
Increases at increasing rate
C.
Increases at decreasing rate
D.
Decreases at decreasing rate
View Solution
Add Work Space
Answer :
Option C
Explaination / Solution:
No Explaination.
Money and Banking
Prepare / Learn
Q2.
One of the various quantitative instruments used by the central bank in during inflation is
A.
Fix CRR
B.
Raise CRR
C.
Reduce CRR
D.
Remove CRR
View Solution
Add Work Space
Answer :
Option B
Explaination / Solution:
No Explaination.
Forms of Market and Price Determination
Prepare / Learn
Q3.
Condition for producer equilibrium is:
A.
TR=TVC
B.
TC=TSC
C.
MC=MR
D.
None of these
View Solution
Add Work Space
Answer :
Option C
Explaination / Solution:
No Explaination.
Determination of Income and Employment
Prepare / Learn
Q4.
The equation of saving function is
A.
S=f(Y)
B.
S= -a+(1-b)
C.
C=-a+by.
D.
S = -a+ (1-b) Y
View Solution
Add Work Space
Answer :
Option D
Explaination / Solution:
No Explaination.
Government Budget and the Economy
Prepare / Learn
Q5.
A Balanced budget is one where
A.
Estimated revenues= estimated expenditure
B.
All of them
C.
Estimated revenues< estimated expenditure
D.
Estimated revenues> estimated expenditure
View Solution
Add Work Space
Answer :
Option A
Explaination / Solution:
No Explaination.
National Income and Related Aggregates
Prepare / Learn
Q6.
Investment in macroeconomics is
A.
Updating the stock of capital
B.
Division of the stock of capital
C.
Reduction in the stock of capital
D.
Addition to the stock of capital
View Solution
Add Work Space
Answer :
Option D
Explaination / Solution:
No Explaination.
Consumers Equilibrium and Demand
Prepare / Learn
Q7.
The substitute goods of a normal good are those that can be used
A.
Along with each other
B.
In place of each other
C.
Does not exist
D.
Together
View Solution
Add Work Space
Answer :
Option B
Explaination / Solution:
No Explaination.
Balance of Payments
Prepare / Learn
Q8.
Balance of capital account includes
A.
lending to abroad only
B.
Borrowings from and lending to abroad
C.
Borrowings from abroad Only
D.
None of the above
View Solution
Add Work Space
Answer :
Option B
Explaination / Solution:
No Explaination.
Introduction to Economics
Prepare / Learn
Q9.
Normative economics analyses
A.
The problem of What to produce
B.
Ethical aspects of economic decisions
C.
Central problems of an economy
D.
Distribution of national product
View Solution
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Answer :
Option B
Explaination / Solution:
Normative economics is a part of economics that expresses value or normative judgments about economic fairness or what the outcome of the economy or goals of public policy ought to be.
Producer Behaviour and Supply
Prepare / Learn
Q10.
What happens to TR when MR is zero
A.
TR is Constant
B.
Decreases at increasing rate
C.
Increases at decreasing rate
D.
Decreases at decreasing rate
View Solution
Add Work Space
Answer :
Option A
Explaination / Solution:
No Explaination.
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cbse 12th economics
TEST : 42
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