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Published on: 06/11/2020
12th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Six
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.
Expand the SLR
Statutory Liquidity Ratio (SLR)
State Liquidity Ratio (SLR)
Small Liquidity Ratio (SLR)
Statutory Liquid Ratio (SLR)
2.
1- C/Y is defined as:
Average propensity to consume
Marginal propensity co consume
Average propensity to save
Marginal propensity to save
3.
Match the correct codes
| 1 | Govt. Internal Regulation only | i | Capitalism |
| 2. | Complete Involvement of Gov.t | ii | Socialism |
| 3. | Limited Role of Government | iii | Mixed Economy |
| 4 | Government Enterprise Naure | iv | Capitalist Economy |
(1) – (i) (2) – (ii) (3) – (iv) (4) – (iii)
(1) – (ii) (2) – (iii) (3) – (iv) (4) – (i)
(1) – (iv) (2) – (iii) (3) – (i) (4) – (ii)
(1) – (i) (2) – (ii) (3) – (iii) (4) – (iv)
4.
What is considered as the heart of any capitalistic economy?
Sales mechanism
Price mechanism
Demand mechanism
Exchange mechanism
5.
__________ is the autonomous consumption.
Consumption made either by gift or borrowings
Consumption
Demand
None
6.
GNP at Market prices = GDP at Market Price + __________.
Net Market Income
Net Factor Income from abroad
Both 'a' and 'b'
Personal Income
7.
___________ was one of the most influential economists of the 20th Century.
J.B.Say
Marshall
John Maynard Keynes
Adamsmith
8.
Econometrics is the amalgamation of
3 subjects
4 subjects
2 subjects
5 subjects
9.
National income is a measure of the__________ performance of an economy
Industrial
Agricultural
Economic
Consumption
10.
The country following Capitalism is ________________
Russia
America
India
China
1.
(a)
Statutory Liquidity Ratio (SLR)
2.
(c)
Average propensity to save
3.
(a)
(1) – (i) (2) – (ii) (3) – (iv) (4) – (iii)
4.
(b)
Price mechanism
5.
(a)
Consumption made either by gift or borrowings
6.
(b)
Net Factor Income from abroad
7.
(c)
John Maynard Keynes
8.
(a)
3 subjects
9.
(c)
Economic
10.
(b)
America
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