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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 Three
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 had sprung from a private bank established in 1656 is the oldest central bank in the world?
The Ricks Banks of Sweden
The Ricks Banks of Spain
The Royal Banks of Switzerland
The Ricks Board of Sweden
2.
In classical theory of employment, there is the possibility of:
Voluntary unemployment
No unemployment
Involuntary unemployment
Disguised unemployment
3.
Who said the following statement? “A state of abnormal increase in the quantity of purchasing power"?
Fisher
Gregorye
Marshall
Keynes
4.
Expand the RDR
Renew deposit Ratio (RDR)
Reserve development Ratio (RDR)
Rational deposit Ratio (RDR)
Reserve deposit Ratio (RDR)
5.
Assertion: National Income is considered as an indicator of the economic wellbeing of a country.
Reason: The economic progress of countries is measured in terms of their GDP per capita and their annual growth rate.
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.
Which of the following is correct?
1+ MPS = MPC
1- MPC = MPS
MPC + MPS > 1
MPC + MPS < 1
7.
Which of the following is a basic characteristic of Capitalism?
economic decisions occur in markets
income is distributed on the basis of “need.”
private ownership of property is illegal
none of the above answers are correct
8.
Multiplier K = __________.
C + S
C + I
1/1- MPC
ΔS/ΔY
9.
J.M. Keynes was born in _____________
1885
1884
1883
1882
10.
Non-interference of the state is a characteristic features of the ___________.
Socialist Economy
Capitalist Economy
Traditional Economy
Command Economy
1.
(a)
The Ricks Banks of Sweden
2.
(a)
Voluntary unemployment
3.
(b)
Gregorye
4.
(d)
Reserve deposit Ratio (RDR)
5.
(b)
Both (A) and (R) are true, but (R) is not the correct explanation of (A).
6.
(b)
1- MPC = MPS
7.
(a)
economic decisions occur in markets
8.
(c)
1/1- MPC
9.
(c)
1883
10.
(b)
Capitalist 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

French
Tamilnadu Stateboard Standards