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11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Two

11th Standard

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Economics

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

    Answer all the questions

    10 x 1 = 10
  1. Total revenue is equal to total output sold multiplied by

    (a)

    Price

    (b)

    Total cost

    (c)

    Marginal revenue

    (d)

    Marginal cost

  2. The indifference curve are

    (a)

    vertical

    (b)

    horizontal

    (c)

    positive sloped

    (d)

    negative

  3. A production function measures the relation between ______________

    (a)

    input prices and output prices

    (b)

    input prices and the quantity of output

    (c)

    the quantity of inputs and the quantity of output

    (d)

    the quantity of inputs and input prices

  4. Price rigidity is the attribute of _______

    (a)

    Perfect competition

    (b)

    Oligopoly

    (c)

    Duopoly

    (d)

    Monopoly

  5. MRP=______________.

    (a)

    MPP x MR

    (b)

    MPP+MR

    (c)

    MPP-MR

    (d)

    MPP + MR

  6. According to the loanable funds theory, demand of loanable funds is equal to __________.

    (a)

    S+BM+DH+DI

    (b)

    S+BM+DH+DS

    (c)

    I + C + H

    (d)

    S + M + I

  7. The number of births per thousand population is called as _____

    (a)

    Crude death rate

    (b)

    Mortality rate

    (c)

    Morbidity rate

    (d)

    Crude birth rate

  8. Human Development Index was developed by the Indian economist ______

    (a)

    Marshall

    (b)

    Mahbub ul Haq

    (c)

    J.M. Keynes

    (d)

    Amartya Sen

  9. Ambedkar was a ____

    (a)

    Capitalist

    (b)

    Socialist

    (c)

    Communist

    (d)

    None of these

  10. According to HDR (2016), India ranked __ out of 188 countries.

    (a)

    130

    (b)

    131

    (c)

    135

    (d)

    145

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