New ! Economics MCQ Practise Tests

11th Standard Economics English Medium Free Online Test Creative One Mark Questions with Answer Key

11th Standard

    Reg.No. :
  •  
  •  
  •  
  •  
  •  
  •  

Economics

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

    Answer all the questions

    10 x 1 = 10
  1. TR = __________

    (a)

    P + Q

    (b)

    P - Q

    (c)

    P\(\div \) Q

    (d)

    P x Q

  2. A final shape to the 'Indifference Curve Analysis' was given by ______

    (a)

    J.M. Keynes

    (b)

    Friedman

    (c)

    J.R.Hicks

    (d)

    Carlyle

  3. The long run production is analysed by using two concept _____________ and ______________

    (a)

    Iso quant Return to scale

    (b)

    Decreasing and Increasing return to scale

    (c)

    Increasing and Diminishing returns

    (d)

    None of these

  4. Fixed cost is also called as _____.

    (a)

    Supplementary Cost

    (b)

    Overhead Cost

    (c)

    Both 'a' and 'b

    (d)

    None of these

  5. The imperfect competition was propounded in America by ___________

    (a)

    Mrs. Joan Robinson

    (b)

    E.H. Chamberlin

    (c)

    Marshall

    (d)

    Both 'a' and 'b'

  6. "Perfect competition prevails when the demand for the output of each producer is perfectly elastic" says__________________.

    (a)

    Joan Robinson

    (b)

    Edward Chamberlin

    (c)

    John Maynard Keynes

    (d)

    Prof. Clark

  7. The Distribution of national income among the individuals

    (a)

    Personal

    (b)

    Functional

    (c)

    Both

    (d)

    Per capital Income

  8. Innovation theory of profits was given by_____________.

    (a)

    Taussig

    (b)

    Schumpeter

    (c)

    Clark

    (d)

    Knight

  9. "Interrelation between investment, income and multiplier in an under developed economy" was introduced in _____

    (a)

    1950

    (b)

    1951

    (c)

    1952

    (d)

    1953

  10. Which year is known as 'Year of Great Divide'?

    (a)

    1911

    (b)

    1921

    (c)

    1951

    (d)

    1961

*****************************************

TN 11th Standard Economics free Online practice tests

Reviews & Comments about 11th Standard Economics English Medium Free Online Test Creative One Mark Questions with Answer Key

Write your Comment