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Published on: 06/11/2020
12th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Five
Download Tamil Nadu 12th Standard Economics question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Economics Test
1.
Disposable income = ___________.
GDP = \(\frac{Normal\ GDP}{Real\ GDP}\times100\)
GNP - Depreciation allowance
GDP - Depreciation
Gross National Product
2.
The term Uiin regression equation is
Residuals
Standard error
Stochastic error term
None
3.
The difference between revenue expenditure and revenue receipts is
Revenue deficit
Fiscal deficit
Budget deficit
Primary deficit
4.
Which of the following countries is not a member of SAARC?
Sri Lanka
Japan
Bangladesh
Afghanistan
5.
International trade differs from domestic trade because of
Trade restrictions
Immobility of factors
Different government policies
All the above
6.
During depression the level of economic activity becomes extremely
high
bad
low
good
7.
The multiplier tells us how much _______ changes after a shift in _____.
Consumption, income
investment, output
savings, investment
output, aggregate demand
8.
Keynes theory pursues to replace laissez faire by ______.
No government intervention
Maximum intervention
State intervention in certain situation
Private sector intervention
9.
Income method is measured by summing up of all forms of__________
Production
Taxes
expenditure
Income
10.
A steady increase in general price level is termed as_____________.
wholesale price index
Business Cycle
Inflation
National Income
1.
(d)
Gross National Product
2.
(c)
Stochastic error term
3.
(a)
Revenue deficit
4.
(b)
Japan
5.
(d)
All the above
6.
(c)
low
7.
(d)
output, aggregate demand
8.
(c)
State intervention in certain situation
9.
(d)
Income
10.
(c)
Inflation
12th Standard Syllabus & Materials
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Tamilnadu Stateboard 12th Standard Subjects
Maths
Chemistry
Physics
Biology
Computer Science
Business Maths and Statistics
Economics
Commerce
Accountancy
History
Computer Applications
Biology
Computer Technology
Computer Applications
Computer Science
Business Maths and Statistics
Commerce
Economics
Maths
Chemistry
Physics
Computer Technology
History
Accountancy
Tamil
English
French
Tamilnadu Stateboard Standards
