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Published on: 06/11/2020
12th Standard Economics English Medium Free Online Test Creative 1 Mark Questions - 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.
Which is not a type of Local Bodies?
Village Panchayats
District Boards or ZilaParishads
Municipal Wards
Municipal Corporations
2.
______ have only an internet presence, which enables them to lower costs than traditional brick-and-mortar banks
indirect banks
development bank
cooperative bank
direct banks
3.
What is known as ‘Paper Gold’?
Gold Bonds
Special Drawing Rights
Sovereign Investments
Gold Reserve of nations
4.
Assertion: When the disposable income of the people decreases, it raises their demand for goods and services.
Reason: Disposable income may increase with the rise in national income or reduction in taxes or reduction in the saving of the people.
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
5.
Which of the following is not an obstacle to full employment in classical theory?
Excess of saving over investment
Liquidity trap
Price rigidity
Wage Flexibility
6.
Match the correct codes
| 1 | The motive of enterprise | i | desire to do forward trading |
| 2 | The motive of pride | ii | desire to bequeath a fortune |
| 3 | The motive of avarice | iii | purely miserly instinct |
| 4 | The motive of financial independence |
iv | Economic Freedom |
(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)
7.
_________ means the entry of funds into a nation where foreigners deposit money in a nation’s bank or make purchase in the stock and bond markets, sometimes for speculation.
Foreign Government Investment
Foreign Portfolio Investment
Foreign Institutional Investment
Foreign Direct Investment
8.
The ratio of consumption expenditure to any particular level of income is called as..?
The average propensity to consume
The average propensity to saving
The average propensity to investment
The marginal propensity to consume
9.
In _______ planning the period extends over 3 to 5 year upto 7 to 10 years.
over all
rolling
indicative
mid-term
10.
_______ are excluded from national income.
Capital Gains
Social Accounting
Statistical Problems
None of these
1.
(d)
Municipal Corporations
2.
(d)
direct banks
3.
(b)
Special Drawing Rights
4.
(d)
A is false but R is true
5.
(d)
Wage Flexibility
6.
(a)
(1) – (i) (2) – (ii) (3) – (iv) (4) – (iii)
7.
(b)
Foreign Portfolio Investment
8.
(a)
The average propensity to consume
9.
(d)
mid-term
10.
(a)
Capital Gains
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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
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