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CBSE 12TH ECONOMICS - Online Test
cbse 12th economics
TEST : 47
Consumers Equilibrium and Demand
Prepare / Learn
Q1.
If the value of
M
U
x
P
x
is more than
M
U
y
P
y
, the consumer__________?
A.
Will reduce the consumption of good X and increase good Y
B.
Will consume more of good X and good Y
C.
Will consume less of good X and good Y
D.
Will increase the consumption of good X and reduce good Y
View Solution
Add Work Space
Answer :
Option D
Explaination / Solution:
No Explaination.
Balance of Payments
Prepare / Learn
Q2.
A disequilibrium in Balance of payment can also be corrected by
A.
Appreciation
B.
Devaluation
C.
Revaluation
D.
Depreciation
View Solution
Add Work Space
Answer :
Option B
Explaination / Solution:
No Explaination.
Producer Behaviour and Supply
Prepare / Learn
Q3.
The price line is
A.
The MR curve
B.
The TPP curve
C.
The Demand curve
D.
The AR curve
View Solution
Add Work Space
Answer :
Option A
Explaination / Solution:
No Explaination.
Money and Banking
Prepare / Learn
Q4.
Raising margin requirements by the central bank in India during excess demand will be
A.
Destabilisation
B.
Inflationary
C.
Stabilisation
D.
Deflationary
View Solution
Add Work Space
Answer :
Option D
Explaination / Solution:
No Explaination.
Forms of Market and Price Determination
Prepare / Learn
Q5.
MR curve=AR=Demand curve is a feature of which kind of market?
A.
Monopoly
B.
Monopolistic competition
C.
Perfect competition
D.
Oligopoly
View Solution
Add Work Space
Answer :
Option C
Explaination / Solution:
No Explaination.
Determination of Income and Employment
Prepare / Learn
Q6.
In C= -c+b(Y), ‘b’ denotes
A.
1+MPC
B.
MPC
C.
MPS
D.
1-MPC
View Solution
Add Work Space
Answer :
Option B
Explaination / Solution:
No Explaination.
National Income and Related Aggregates
Prepare / Learn
Q7.
Which of the following are not included while estimating domestic product of India
A.
Financial help received by flood victims
B.
Imputed rent of self occupied houses.
C.
Interest received on debentures
D.
Capital gains
View Solution
Add Work Space
Answer :
Option D
Explaination / Solution:
No Explaination.
Consumers Equilibrium and Demand
Prepare / Learn
Q8.
Consumer surplus is more in the case of______________?
A.
Inferior goods
B.
Luxuries
C.
Comforts
D.
Necessities
View Solution
Add Work Space
Answer :
Option D
Explaination / Solution:
No Explaination.
Producer Behaviour and Supply
Prepare / Learn
Q9.
Can TR be a horizontal Straight line?
A.
Yes
B.
No
C.
May not be always
D.
May be
View Solution
Add Work Space
Answer :
Option B
Explaination / Solution:
No Explaination.
Money and Banking
Prepare / Learn
Q10.
Raising margin requirements by the central bank in India during deficient demand is
A.
Deflationary
B.
Destabilisation
C.
Inflationary
D.
Stabilisation
View Solution
Add Work Space
Answer :
Option A
Explaination / Solution:
No Explaination.
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cbse 12th economics
TEST : 47
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