Mixed Tests( Economics) \
Description: Economics Test - 16 | |
Number of Questions: 50 | |
Created by: Rachana Sahu | |
Tags: Economics Test - 16 General Economics |
Per capita national income means
Which of the following is not an essential condition of pure competition?
Which of the following is not a characteristic of a Price taker?
Which of the following is not a condition of perfect competition?
All of the following are characteristics of a monopoly except?
A monopolist is able to maximize his profits when
What is the other name of the long run average cost curve?
Price discrimination will be profitable only if the elasticity of demand in different markets, in which the total market has been divided, is
Agricultural goods markets depict characteristics close to
The kinked demand curve model of oligopoly assumes that
The share of agriculture in India's national income has __________ over the years.
Which of the statements is correct?
NABARD is the apex bank for ___________ credit(s) in India.
Which of the following is incorrect?
Agriculture sector in India faces the problem of
The Tenth five year plan aimed at achieving a growth rate of ________ in the industrial sector.
Which of the following statements is/are correct?
India has the _____________ largest scientific and technical manpower in the world.
Over the planning period, the share of industrial sector in the GDP of India has
Demand for the final consumption arises
Which of the following is an economic activity?
In which state is the sex ratio most favourable to women?
India's rank in the world's population comes after
India's present population is
NTPC stands for
Which of the following is correct in relation to banks in the post reform period?
Population per bank in India is
_______________ refers to disposal of public sector's units in equity in the market.
Commercial banks suffer from
Money includes
M1 in the money stock in India refers to
Which of the following is not a characteristic of land?
The marginal product of a variable input is best described as
Diminishing marginal returns imply
To economists, the main difference between the short run and the long run is that
Which cost increases continuously with the increase in production?
In the short run, when the output of firm increases, its average fixed cost
Marginal cost is defined as
Which of the following is an example of an explicit cost?
Which of the following is/are function(s) of an entrepreneur?
A firm's average total cost is Rs. 300 at 5 units of output and Rs. 320 at 6 units of output. The marginal cost of producing the 6th unit is
The law of scarcity
Who expressed the view that economics is neutral between end?
An example of positive economic analysis would be
Which of the following is not a determinant of the firm's cost function?
Which of the following does not suggest a macro approach for India?
Capital intensive technique would get chosen in a
Which of the following economies is without scarcity?
Which of the following statements is true?
What will be one of the future consequences of an increase in the current level of consumption in India?