" /> -->

12th Standard Economics English Medium Free Online Test Book Back 1 Mark Questions with Answer Key - Part Three

12th Standard EM

    Reg.No. :
  •  
  •  
  •  
  •  
  •  
  •  

Economics

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

    Answer all the questions

    10 x 1 = 10
  1. A steady increase in general price level is termed as_____________.

    (a)

    wholesale price index

    (b)

    Business Cycle

    (c)

    Inflation

    (d)

    National Income

  2. Income method is measured by summing up of all forms of__________

    (a)

    Revenue

    (b)

    Taxes

    (c)

    expenditure

    (d)

    Income

  3. The value of NNP at production point is called_________

    (a)

    NNP at factor cost

    (b)

    NNP at market cost

    (c)

    GNP at factor cost

    (d)

    Per capita income

  4. ________ theory is a turning point in the development of modern economic theory.

    (a)

    Keynes’

    (b)

    Say’s

    (c)

    Classical

    (d)

    Employmen

  5. If the Keynesian consumption function is C=10+0.8 Y then, and disposable income is Rs.100, what is the average propensity to consume?

    (a)

    Rs.0.8

    (b)

    Rs.800

    (c)

    Rs.810

    (d)

    Rs.0.9

  6. During depression the level of economic activity becomes extremely

    (a)

    high

    (b)

    bad

    (c)

    low

    (d)

    good

  7. ARDC started functioning from

    (a)

    June 3, 1963

    (b)

    July 3, 1963

    (c)

    June I, 1963

    (d)

    July I, 1963

  8. _______ relates to patents, copyrights, trade secrets, etc.,

    (a)

    TRIPS

    (b)

    TRIMS

    (c)

    GATS

    (d)

    NAMA

  9. Which of the following is main cause for deforestation?

    (a)

    Timber harvesting industry

    (b)

    Natural afforestation

    (c)

    Soil stabilization

    (d)

    Climate stabilization

  10. If Y = 2 - O.2X, then the value of Y intercept is equal to

    (a)

    -0.2

    (b)

    2

    (c)

    0.2X

    (d)

    All of the above

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

TN 12th Standard EM Economics free Online practice tests

Reviews & Comments about 12th Standard Economics English Medium Free Online Test Book Back 1 Mark Questions with Answer Key - Part Three

Write your Comment