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Published on: 06/11/2020
12th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Seven
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.
Assertion: In developing countries like India, the nature of unemployment is different from that of developed countries.
Reason: In developed countries, the unemployment is purely temporary or cyclical or frictional.
Both A and R are true and R is the correct explanation of A
Both A and R are true but R is not the correct explanation of A
A is true but R is false
A is false but R is true
2.
The difference between the income received from abroad for rendering factor services by the normal residents of the country to the rest of the world and income paid for the factor services rendered by nonresidents in the domestic territory of a country is known as __________.
Net Factor Income from Abroad
Capital Consumption Allowances
Depreciation
None of these
3.
Perspective plan is also known as______
Short-term plan
Medium-term plan
Long-term plan
None of the above
4.
Global warming also refers to as
Ecological change
Climate Change
Atmosphere change
None of the above
5.
ASEAN was created in
1965
1967
1972
1997
6.
The State Financial Corporation Act was passed by
Government of India
Government of Tamilnadu
Government of Union Territories
Local Government
7.
During depression the level of economic activity becomes extremely
high
bad
low
good
8.
The MPC is equal to :
Total spending / total consumption
Total consumption / total income
Change in consumption / change in income
none of the above
9.
J.B. Say is a _______.
Neo Classical Economist
Classical Economist
Modern Economist
New Economist
10.
Tertiary sector is also called as __________sector
Service
Income
Industrial
Consumption
1.
(b)
Both A and R are true but R is not the correct explanation of A
2.
(a)
Net Factor Income from Abroad
3.
(c)
Long-term plan
4.
(d)
None of the above
5.
(b)
1967
6.
(a)
Government of India
7.
(c)
low
8.
(c)
Change in consumption / change in income
9.
(b)
Classical Economist
10.
(a)
Service
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Tamilnadu Stateboard 12th Standard Subjects
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Physics
Biology
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Business Maths and Statistics
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Commerce
Accountancy
History
Computer Applications
Biology
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Computer Applications
Computer Science
Business Maths and Statistics
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Economics
Maths
Chemistry
Physics
Computer Technology
History
Accountancy
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