CBSE 12TH ECONOMICS - Online Test
Q1. MPC+MPS=
Answer : Option D
Explaination / Solution:
No Explaination.
Q2. One of the two components of Capital budget are
Answer : Option D
Explaination / Solution:
No Explaination.
Q3. Intermediate goods are those
Answer : Option B
Explaination / Solution:
No Explaination.
Q4. According to the law of diminishing marginal utility, _________?
Answer : Option B
Explaination / Solution:
No Explaination.
Q5. If c = 0.8 and m = 0.3, the open economy multiplier will be
Answer : Option A
Explaination / Solution:
No Explaination.
Q6. Loose tools and Stores and spares are the part of --------------
Answer : Option C
Explaination / Solution:
Spares and tools which is not part of any particular Fixed assets, you can value as Inventory as per AS-2 and charge off in P&L a/c based on consumption.
Q7. The general shape of TPP in the short run is
Answer : Option B
Explaination / Solution:
No Explaination.
Q8. The elasticity at a point on a straight line supply curve passing through the origin will be
Answer : Option D
Explaination / Solution:
No Explaination.
Q9. One drawback of barter exchange is
Answer : Option C
Explaination / Solution:
No Explaination.
Q10. MPS= 1+MPC. It is
Answer : Option B
Explaination / Solution:
No Explaination.
