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Published on: 02/09/2022
QB365 provides a detailed and simple solution for every Possible Creative Questions in Class 12 Economics Subject - Introduction to Macro Economics , English Medium. It will help Students to get more practice questions, Students can Practice these question papers in addition to score best marks.
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 addition to household and firms, inclusion of the government sector make this model a ________ model.
Single sector model
Two sector model
Three sector model
Four sector model
2.
_________ sector sells the entire output to house holds.
Firm
House hold
Government
Foreign trade
3.
Non-interference of the state is a characteristic features of the ___________.
Socialist Economy
Capitalist Economy
Traditional Economy
Command Economy
4.
Absence of Price Mechanism is a characteristic feature of the ___________.
Socialist economy
Capitalist economy
Traditional economy
Mixed economy
5.
The right to property exists largely in _______.
Traditional society
Capitalism
Socialism
Mixed economy
6.
Market forces are _________.
Supply and price
Demand and price
Prices of commodity
Supply and demand
7.
Socialist Economy promote __________.
Social welfare motive
Collective welfare motive
Profit motive
Both 'a' and 'b'
8.
Combination of both capitalism and socialism ________.
Capitalist Economy
Traditional Economy
Mixed Economy
Socialist Economy
9.
Example for Mixed Economy ________.
India
France
China
Both 'a' and 'b'
10.
Father of socialism _________.
Adamsmith
J.M. Keynes
Karl Marx
J.R. Hicks
11.
Planned economy is also known as _________.
Capitalist Economy
Socialist Economy
Mixed Economy
All the above
12.
Macro economics is also known as __________.
Price theory
Income theory
Business cycle
Poverty and unemployment
13.
Macro means ________.
Large
Aggregate
Economy as a whole
All the above
14.
Micro means __________.
Large
Big
Small
Both 'a' and 'b'
15.
A steady fall in general price level is termed as ___________.
Deflation
Inflation
Trade
To achieve growth
1.
(c)
Three sector model
2.
(a)
Firm
3.
(b)
Capitalist Economy
4.
(a)
Socialist economy
5.
(b)
Capitalism
6.
(d)
Supply and demand
7.
(d)
Both 'a' and 'b'
8.
(c)
Mixed Economy
9.
(d)
Both 'a' and 'b'
10.
(c)
Karl Marx
11.
(b)
Socialist Economy
12.
(b)
Income theory
13.
(d)
All the above
14.
(c)
Small
15.
(a)
Deflation
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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
