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CBSE 12TH ECONOMICS - Online Test
cbse 12th economics
TEST : 43
Money and Banking
Prepare / Learn
Q1.
One of the various quantitative instruments used by the central bank in during deflation is
A.
Fix CRR
B.
Reduce CRR
C.
Raise CRR
D.
Remove CRR
View Solution
Add Work Space
Answer :
Option B
Explaination / Solution:
No Explaination.
Forms of Market and Price Determination
Prepare / Learn
Q2.
For maximum profit, the condition is:
A.
MR=AR
B.
MR=MC
C.
AR=AC
D.
MC=AC
View Solution
Add Work Space
Answer :
Option B
Explaination / Solution:
No Explaination.
Determination of Income and Employment
Prepare / Learn
Q3.
S = -a+(1-b)Y is a
A.
Algebraic function of the level of Savings
B.
Linear function of the level of Savings and Consumption expenditure
C.
Algebraic function of the level of Savings and capital expenditure
D.
Algebraic function of the level of Savings and Investment expenditure
View Solution
Add Work Space
Answer :
Option A
Explaination / Solution:
No Explaination.
Government Budget and the Economy
Prepare / Learn
Q4.
An Unbalanced budget is one where
A.
All of them
B.
Estimated revenues= estimated expenditure
C.
Estimated revenues< estimated Receipts of the govt.
D.
Estimated revenues> estimated expenditure
View Solution
Add Work Space
Answer :
Option D
Explaination / Solution:
No Explaination.
National Income and Related Aggregates
Prepare / Learn
Q5.
Which of the following will you include while estimating domestic product of India?
A.
Profits earned by branch of American bank in India.
B.
Rent received by resident Indian from his property in Singapore.
C.
Salaries of Indians working in Japanese Embassy in India
D.
Salaries paid to Koreans working in the Indian embassy in Korea
View Solution
Add Work Space
Answer :
Option A
Explaination / Solution:
No Explaination.
Consumers Equilibrium and Demand
Prepare / Learn
Q6.
One factor that causes a leftward shift of the demand curve out of the following is
A.
Fall in income
B.
Rise in the price of complementary goods
C.
Rise in income
D.
Fall in the price of substitute goods
View Solution
Add Work Space
Answer :
Option A
Explaination / Solution:
No Explaination.
Balance of Payments
Prepare / Learn
Q7.
Identify one of the types of balances in BOP account
A.
All Invisible items
B.
All visible items
C.
None of the above
D.
Autonomous Items
View Solution
Add Work Space
Answer :
Option D
Explaination / Solution:
No Explaination.
Introduction to Economics
Prepare / Learn
Q8.
What does a point below a PPC show
A.
Growth of resources
B.
Overutilization of resources
C.
Underutilization of resources
D.
The optimum combination of two goods
View Solution
Add Work Space
Answer :
Option C
Explaination / Solution:
A PPF graph shows the maximum production level for one commodity for any production level of the other commodity. A point below the curve signifies inefficiency.
Producer Behaviour and Supply
Prepare / Learn
Q9.
What happens to TR when MR is decreasing but remains negative
A.
Decreases at increasing rate
B.
Increases
C.
Decreases at decreasing rate
D.
Decreases
View Solution
Add Work Space
Answer :
Option D
Explaination / Solution:
No Explaination.
Money and Banking
Prepare / Learn
Q10.
Selling government securities by the central bank in India during excess demand will be
A.
Deflationary
B.
Inflationary
C.
Stabilisation
D.
Destabilisation
View Solution
Add Work Space
Answer :
Option B
Explaination / Solution:
No Explaination.
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cbse 12th economics
TEST : 43
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