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

11th Standard

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Economics

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

    Answer all the questions

    10 x 1 = 10
  1. According to Adam Smith "Economics as the science of "

    (a)

    Wealth

    (b)

    Welfare

    (c)

    Scarcity

    (d)

    Growth

  2. The indifference curve approach is based on the concept

    (a)

    Diminishing marginal rate of substitution

    (b)

    The law of maximum satisfaction

    (c)

    Single mode commodity

    (d)

    All the above

  3. Who are interested in enlarging the scale of production of their commodltites.

    (a)

    Entrepreneur

    (b)

    Producer

    (c)

    Consumer

    (d)

    Distributor

  4. Population growth rate in India is as high as ______

    (a)

    1.7

    (b)

    2.7

    (c)

    3.7

    (d)

    4.7

  5. _________________________remove regional disparities industrializing rural and backward areas.

    (a)

    Small Scale industries

    (b)

    Large scale industries

    (c)

    Rural industries

    (d)

    None

  6. As per the planning commission estimates, the percentages of people living below poverty in rural areas was __________ during 2009 - 2010.

    (a)

    65.10

    (b)

    54.10

    (c)

    78.20

    (d)

    34.30

  7. Tamil Nadu News Print & Paper is situated in_____________.

    (a)

    Thoothukudi

    (b)

    Coimbatore

    (c)

    Karur

    (d)

    Virudhunagar

  8. To construct the Linear supply function the least number of points needed are_______________.

    (a)

    two

    (b)

    three

    (c)

    four

    (d)

    five

  9. The curve y = 4 - 2x - x2 is .......................

    (a)

    concave upward

    (b)

    concave downward

    (c)

    straight line

    (d)

    none of these

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