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Published on: 06/11/2020
12th Standard Economics English Medium Free Online Test Creative 1 Mark Questions
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.
Which of the following statement is wrong?
It is out of these primary deposits that the bank makes loans and advances to its customers.
The initiative is taken by the customers themselves. In this case, the role of the bank is passive
So these deposits are also called “Passive deposits”
None of the above
2.
In the classical theory, one of the following is an important assumption
Wages and prices are inflexible
There is full employment
Agents are price setters
Adjustment is through quantity
3.
Expand the RDR
Renew deposit Ratio (RDR)
Reserve development Ratio (RDR)
Rational deposit Ratio (RDR)
Reserve deposit Ratio (RDR)
4.
Find the odd on out with context of objective factor of Consumption function
Price level
Wage level
The motive of pride
Interest rate
5.
Formula for calculating Multiplier
\(K=\frac{1}{1-MPC}\)
\(\frac{ΔY}{ΔI}\)
\(\frac{1}{MPS}\)
All the above
6.
_________ provides the social goods like public health and education etc.
Private
Government
Unorganised sector
None of these
7.
Say's law of market is the core of the __________ theory of employment.
classical
economical
environmental
proportional
8.
National Income provides a comprehensive measure of _________ activities of a nation.
Economic activity
Production activity
Consumption activity
Industrial activity
9.
Credit creation means the________
Multiplication of loans and advances
Money supply
Letter of credit
All the above
10.
Planned economy is also known as _________.
Capitalist Economy
Socialist Economy
Mixed Economy
All the above
1.
(d)
None of the above
2.
(b)
There is full employment
3.
(d)
Reserve deposit Ratio (RDR)
4.
(d)
Interest rate
5.
(a)
\(K=\frac{1}{1-MPC}\)
6.
(b)
Government
7.
(a)
classical
8.
(a)
Economic activity
9.
(a)
Multiplication of loans and advances
10.
(b)
Socialist Economy
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Tamilnadu Stateboard 12th Standard Subjects
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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
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