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11th Standard Economics English Medium Free Online Test Creative 1 Mark Questions - Part Three

11th Standard

    Reg.No. :
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Economics

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

    Answer all the questions

    10 x 1 = 10
  1. The book "An essay on the Nature and significance of economic science" writen by.

    (a)

    Samuelson

    (b)

    Lional Robbins

    (c)

    Adam Smith

    (d)

    Marshall

  2. The cardinal utility approach was criticised by the English Economist

    (a)

    J.R.Hicks  

    (b)

    R.GD. Allen

    (c)

    F.W. Edgeworth

    (d)

    J.M. Keynes

  3. Labour cannot be separated from

    (a)

    Capital

    (b)

    Labourer

    (c)

    Profit

    (d)

    Organization

  4. When price elasticity of demand is less than one, MR is negative and TR is _____________

    (a)

    increasing

    (b)

    decreasing

    (c)

    maximum

    (d)

    constant

  5. ____________money is held to meet an unforeseen expenditure.

    (a)

    Transaction

    (b)

    Precautionary

    (c)

    Speculative

    (d)

    Supply

  6. Every______________ poor person in the world is an Indian.

    (a)

    Second

    (b)

    Third

    (c)

    Truth

    (d)

    Fourth

  7. ______prices estimated by the Indian council of Agricultural Research.

    (a)

    Wholesale

    (b)

    Retail

    (c)

    Market

    (d)

    All the above

  8. SBLP started in __________

    (a)

    1992

    (b)

    1993

    (c)

    1994

    (d)

    1995

  9. ____ International Airport is currently the third largest airport in India after Mumbai and Delhi.

    (a)

    Chennai

    (b)

    Kolkata

    (c)

    Madurai

    (d)

    Coimbatore

  10. The first known Economist to apply mathematical method to economic problems was____________.

    (a)

    J.M. Keynes

    (b)

    Adam Smith

    (c)

    JS.Mill

    (d)

    Giovanni Ceva

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