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Published on: 06/11/2020
12th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Ten
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: A poor person should pay more tax compared to a middle class person or a rich person.
Reason: The Government should impose tax in such a way that the people have to pay taxes according to their ability.
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.
Expand the term TRIPs
Tradition Related Intellectual Procedural Rights
Trade Related Intellectual Property Rights
Tourism Related Intellectual Procedural Rights
Travel Related Intellectual Property Rights
3.
When the correlation coefficient, r, is close to one:
there is no relationship between the two variables
there is a strong linear relationship between the two variables
it is impossible to tell if there is a relationship between the two variables
the slope of the regression line will be close to one
4.
P.C.Mahalanobis is known as the founder of________.
classical statistics
mathematical economics
modern statistics
applied econometrics
5.
In case of transfer payments of nation income, expenditures towards payment incurred by the government like old age pension ________?
should be included
should not be included
both
none
6.
Identify which is not an example of capitalistic economy.
The USA economy
Germany economy
Indian economy
Australia economy
7.
Which one of the following deficits does not consider borrowing as a receipt?
Revenue deficit
Budgetary deficit
Fiscal deficit
Primary deficit
8.
The Tenth BRICS Summit was held in July 2018 at
Beijing
Moscow
Johannesburg
Brasilia
9.
Online Banking is also known as.
E-Banking
Internet Banking
RTGS
NEFT
10.
Which is a flow concept ?
Number of shirts
Total wealth
Monthly income
Money supply
1.
(b)
Both A and R are true but R is not the correct explanation of A
2.
(b)
Trade Related Intellectual Property Rights
3.
(b)
there is a strong linear relationship between the two variables
4.
(c)
modern statistics
5.
(b)
should not be included
6.
(c)
Indian economy
7.
(c)
Fiscal deficit
8.
(c)
Johannesburg
9.
(b)
Internet Banking
10.
(c)
Monthly income
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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