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11th Standard Economics English Medium Free Online Test Book Back One Mark Questions

11th Standard

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Economics

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

    Answer all the questions

    10 x 1 = 10
  1. Economics is a study of mankind in the ordinary business of life - It is the statement of

    (a)

    Adam Smith

    (b)

    Lionel Robbins

    (c)

    Alfred Marshall

    (d)

    Samuelson

  2. Pick the odd one out

    (a)

    Luxuries

    (b)

    Comforts

    (c)

    Necessaries

    (d)

    Agricultural goods

  3. The primary factors of production are:

    (a)

    Labour and Organisation

    (b)

    Labour and Capital

    (c)

    Land and Capital

    (d)

    Land and Labour

  4. Cost refers to _____.

    (a)

    Price 

    (b)

    value

    (c)

    fixed cost

    (d)

    cost of production

  5. In which of the following is not a type of market structure price will be very high?

    (a)

    Perfect competition

    (b)

    Monopoly

    (c)

    Duopoly

    (d)

    Oligopoly

  6. In Economics, distribution of income is among ___________.

    (a)

    factors of production

    (b)

    Individual

    (c)

    firms

    (d)

    traders

  7. The arrival of Vasco da Gama in Calicut, India________

    (a)

    1498

    (b)

    1948

    (c)

    1689

    (d)

    1849

  8. Which of the following is the way of privatisation?

    (a)

    Disinvestment

    (b)

    Denationalization

    (c)

    Franchising

    (d)

    All the above

  9. Which is considered as the basic unit for rural areas?

    (a)

    Panchayat

    (b)

    Village

    (c)

    Town

    (d)

    Municipality

  10. In health index, Tamil Nadu is a head of-----------

    (a)

    Kerala

    (b)

    Punjab

    (c)

    Gujarat

    (d)

    All the above

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