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12th Standard English Medium Economics Subject Theories of Employment and Income Creative 1 Mark Questions with Solution Part - II

12th Standard

    Reg.No. :
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Economics

Time : 01:00:00 Hrs
Total Marks : 5

    1 Marks

    5 x 1 = 5
  1. 'Full employments the absence of involuntary unemployment' was said by __________.

    (a)

    J.B. Say

    (b)

    Ricardo

    (c)

    J.M. Keynes

    (d)

    Adam smith

  2. ___________ was one of the most influential economists of the 20th Century.

    (a)

    J.B.Say

    (b)

    Marshall

    (c)

    John Maynard Keynes

    (d)

    Adamsmith

  3. _________ is only a medium of exchange.

    (a)

    Money

    (b)

    Goods

    (c)

    Labour

    (d)

    Service

  4. ___________ price is the total amount of money.

    (a)

    Aggregate supply

    (b)

    Aggregate demand

    (c)

    Aggregate income

    (d)

    Aggregate price

  5. ________________ started functioning from 1st July 1963.

    (a)

    ARDC

    (b)

    IMF

    (c)

    RBI

    (d)

    SBI

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