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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 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.
In the classical model:
flexible markets will keep the economy at a full-employment level of spending and output
both households ’saving activity and firms’ investment activity are quite sensitive to changes in the interest rate.
adjustments in the interest rates quickly correct any imbalances between saving and investment
all of the above
2.
Inventories of finished and unfinished goods are called _________.
Net Investment
Investment
Gross Investment
Both 'a' and 'b'
3.
________ is a combination of both capitalism and socialism.
Socialistic economy
Capitalistic economy
Traditional economy
Mixed economy
4.
Perspective plan is also known as______
Short-term plan
Medium-term plan
Long-term plan
None of the above
5.
Environmental goods are ____________
Market goods
Non-market goods
Both
None ofthe above
6.
The Tenth BRICS Summit was held in July 2018 at
Beijing
Moscow
Johannesburg
Brasilia
7.
Favourable trade means value of exports are ________ Than that of imports.
More
Less
More or Less
Not more than
8.
Moral suasion refers.
Optimization
Maximization
Persuasion
Minimization
9.
During depression the level of economic activity becomes extremely
high
bad
low
good
10.
As increase in consumption at any given level of income is likely to lead
Higher aggregate demand
An increase in exports
A fall in taxation revenue
A decrease in import spending
1.
(d)
all of the above
2.
(c)
Gross Investment
3.
(d)
Mixed economy
4.
(c)
Long-term plan
5.
(b)
Non-market goods
6.
(c)
Johannesburg
7.
(a)
More
8.
(c)
Persuasion
9.
(c)
low
10.
(a)
Higher aggregate demand
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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
