CBSE 12TH ECONOMICS - Online Test
Q1. The Breakeven level of an economy is
Answer : Option B
Explaination / Solution:
No Explaination.
Q2. A deficit budget is one where
Answer : Option D
Explaination / Solution:
No Explaination.
Q3. Which of the following will you include while estimating national income by income method?
Answer : Option A
Explaination / Solution:
No Explaination.
Q4. The marginal product is above the average product curve, when the average product is:
Answer : Option C
Explaination / Solution:
No Explaination.
Q5. Accommodating Items are also called
Answer : Option B
Explaination / Solution:
No Explaination.
Q6. All unattainable combinations will lie
Answer : Option D
Explaination / Solution:
Points outside the PPF are unattainable production points given current resources and technologies. It is impossible for an economy to produce outside its PPF. The PPF can change, however, with changes in resources or technology.
Q7. What happens to AR when MR is zero
Answer : Option A
Explaination / Solution:
No Explaination.
Q8. Raising CRR by the central bank in India during excess demand will be
Answer : Option B
Explaination / Solution:
No Explaination.
Q9. For a monopolist, the necessary condition for equilibrium is?
Answer : Option D
Explaination / Solution:
No Explaination.
Q10. In C= -c+b(Y), ‘C’ denotes
Answer : Option D
Explaination / Solution:
No Explaination.
