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Published on: 06/11/2020
12th Standard Economics English Medium Free Online Test Creative One Mark Questions with Answer Key - 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.
Which bank was introduced first ATM machine in India?
RBI
HSBC
PNB
ICICI bank
2.
_____ insists the banks to maintain a ratio between the total deposits they create and the cash in their possession.
New Bank of India
Central Bank
Development Bank
Federal Bank
3.
Which of the following was not a classical economist?
Adam Smith
Thomas R. Malthus
John Stuart Mill
John Maynard Keynes
4.
The development of money as a medium of exchange has facilitated the expansion of trade because
Holding money increases people's income
No other mediums of exchange are available
Money eliminates the "double coincidence of wants" problem
Holding money increases people's wealth
5.
________refers to saving an investment activities?
Firm sector
Household sector
Capital sector
Corporate sector
6.
The simple circular flow model shows that:
Households are on the buying side of both product and resource market
Businesses are on the selling side of both product and resource markets
Households are on the selling side of the resource market and on the buying side of the product market
Businesses are on the buying side of the product market and on the selling side of the resource market.
7.
What is relevant in the context of MEC?
I. The prospective yield from a capital asset.
II. The supply price of a capital asset.
I only relevant
II only relevant
Both I and II are relevant
Both are irrelevant
8.
______________ returns takes place as more workers are employed.
Law of diminishing marginal
Law of equi demand
Law of demand
None of the above
9.
The symbol of India rupee came into use on________
15th July, 2010
16th July, 2010
15th June, 2010
16th June, 2010
10.
Identify the stock variable.
Wealth
Income
Foreign exchange
Money
1.
(b)
HSBC
2.
(b)
Central Bank
3.
(d)
John Maynard Keynes
4.
(c)
Money eliminates the "double coincidence of wants" problem
5.
(c)
Capital sector
6.
(c)
Households are on the selling side of the resource market and on the buying side of the product market
7.
(c)
Both I and II are relevant
8.
(a)
Law of diminishing marginal
9.
(a)
15th July, 2010
10.
(a)
Wealth
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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
Tamilnadu Stateboard Standards
