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11th Standard Economics Distribution Analysis English Medium Free Online Test One Mark Questions 2020 - 2021

11th Standard

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Economics

Time : 00:10:00 Hrs
Total Marks : 10

    Answer all the questions

    10 x 1 = 10
  1. Theory of distribution is popularly known as________.

    (a)

    Theory of product-pricing

    (b)

    Theory of factor - pricing

    (c)

    Theory of wages

    (d)

    Theory of interest

  2. Original and indestructible power of the soil is the term used by _________.

    (a)

    J.S. Mill

    (b)

    Walker

    (c)

    Clark

    (d)

    Ricardo

  3. According to the Loanable Funds Theory, supply of loanable funds is equal to _________.

    (a)

    S + BC + DH + DI

    (b)

    I + DS + DH + BM

    (c)

    S + DS + BM + DI

    (d)

    S + BM + DH + DS

  4. Innovation Theory of profit was given by __________.

    (a)

    Hawley

    (b)

    Schumpeter

    (c)

    Keynes

    (d)

    Knight

  5. VMP= ____________.

    (a)

    MPP + Price

    (b)

    MPP x Price

    (c)

    MPP + Price

    (d)

    MPP - Price

  6. Interest is the reward for ___________.

    (a)

    Land

    (b)

    Labour

    (c)

    Capital

    (d)

    Organisation

  7. The Residual claimant theory was propounded by _______.

    (a)

    J.S. Mill

    (b)

    F.A. Walker

    (c)

    Prof. Knight

    (d)

    Hawley

  8. Standard of living determines___________.

    (a)

    Wages

    (b)

    Interest

    (c)

    Income

    (d)

    All of these

  9. ________ is that part of capital meant for loan.

    (a)

    Loanable fund

    (b)

    Liquidity preference

    (c)

    Standard of living

    (d)

    Quasi rent

  10. ___________side of factor is operating the marginal productivity theory.

    (a)

    Supply

    (b)

    Demand

    (c)

    Production

    (d)

    Investment

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