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Published on: 06/11/2020
12th Standard Economics English Medium Free Online Test Creative 1 Mark Questions - Part Four
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: The state has to supplement the traditional revenue sources with borrowing from individuals, and institutions within and outside the country.
Reason: In the 18th and 19th centuries the role of the state was minimum, but since 20th century there has been enormous increase in the responsibilities of the state.
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.
A state’s fine is a penalty imposed on an individual for………….?
violation of law
social welfare
following duties
criminal offence
3.
The first International Finance Conference held at Brussels in _____ ?
1922
1920
1921
1932
4.
As of now, The IBRD has _________ member countries.
188
189
35
210
5.
Assertion: The government has a limited role in a capitalistic economy.
Reason: The government provides basic services such as, defense, public health, education, etc.
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
6.
________ refers to the exchange of goods and services with the political and geographical boundaries of a nation.
Internal Trade
External Trade
Foreign Trade
Global trade
7.
Formula for calculating Multiplier
\(K=\frac{1}{1-MPC}\)
\(\frac{ΔY}{ΔI}\)
\(\frac{1}{MPS}\)
All the above
8.
_________ provides the social goods like public health and education etc.
Private
Government
Unorganised sector
None of these
9.
Say's law of market is the core of the __________ theory of employment.
classical
economical
environmental
proportional
10.
In India, currency notes are issued by the_______
State Bank
RBI
World Bank
SBI
1.
(b)
Both A and R are true but R is not the correct explanation of A
2.
(a)
violation of law
3.
(b)
1920
4.
(b)
189
5.
(b)
Both (A) and (R) are true, but (R) is not the correct explanation of (A).
6.
(a)
Internal Trade
7.
(a)
\(K=\frac{1}{1-MPC}\)
8.
(b)
Government
9.
(a)
classical
10.
(b)
RBI
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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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