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11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Five

11th Standard

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Economics

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

    Answer all the questions

    10 x 1 = 10
  1. The concept of consumer's surplus is associated with

    (a)

    Adam Smith

    (b)

    Marshall

    (c)

    Robbins

    (d)

    Ricardo

  2. On the basis of regulation the market can be classified as ..................

    (a)

    spot market

    (b)

    future market

    (c)

    both (a) and (b)

    (d)

    none of these

  3. Land differs in ________ .

    (a)

    fertility

    (b)

    soil

    (c)

    man-made appliance

    (d)

    none

  4. The number of deaths per thousand of population is called as ______

    (a)

    Crude Death Rate

    (b)

    Crude Birth Rate

    (c)

    Crude Infant Rate

    (d)

    Maternal Mortality Rate

  5. ___________________ helped the government to the real uplifting of standard of living of people.

    (a)

    HDI

    (b)

    PQLI

    (c)

    Five year plans

    (d)

    None

  6. India suffered from the twin problems of ______ and_____.

    (a)

    Poverty, Unemployment..

    (b)

    Low per capita income lack of technology

    (c)

    Low productivity, High Cost

    (d)

    High Population, Poverty

  7. CENVAT stands for________________.

    (a)

    Common Entity Value Added Tax

    (b)

    Corporate Entities Value Added Tax

    (c)

    Central Value Added Tax

    (d)

    None of these

  8. "An Indian farmer is born in debt, lives in debt, dies in debt and bequeaths debt" - who said this?

    (a)

    Adam Smith

    (b)

    Gandhi

    (c)

    Amartya sen

    (d)

    Sir Malcolm Darling

  9. ___________ is one of the basic needs of every family

    (a)

    Gold

    (b)

    Silver

    (c)

    House

    (d)

    Diamond

  10. _____________ is also called disguised unemployment.

    (a)

    Concealed unemployment

    (b)

    Under employment

    (c)

    Open unemployment

    (d)

    Technical unemployment

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