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Economics Mock Test - 1

Q 01.

Neo-Malthusian theory is related to which of the following?
A. B. C. D.

Q 02.

Uninsurable or uncertainty risk is -
A. B. C. D.

Q 03.

Which of the following are consumer semi-durables?
A. B. C. D.

Q 04.

The demand for a inferior good falls when -
A. B. C. D.

Q 05.

What does the 'Lorenz curve' represent among the following?
A. B. C. D.

Q 06.

The statistician who gave the 'Lorenz curve' was a resident of?
A. B. C. D.

Q 07.

Which of the following is not a part of new economic reforms?
A. B. C. D.

Q 08.

In which year did the Great Depression occur worldwide?
A. B. C. D.

Q 09.

Who can fix India's balance of payments?
A. B. C. D.

Q 10.

The result of 'devaluation of currency' is-
A. B. C. D.

Q 11.

The interest paid to the bank for the crop loan is -
A. B. C. D.

Q 12.

What is compulsory saving related to?
A. B. C. D.

Q 13.

The expenditure incurred by an entrepreneur on advertising and public relations is part of his what kind of expenditure?
A. B. C. D.

Q 14.

In which economic system, the government decides that different goods should be produced according to the needs of the society?
A. B. C. D.

Q 15.

On which method is the planned economy based in India?
A. B. C. D.

Economics Mock Test Result is:

0/15 Right -0, Wrong -0, Un-Answered - 15

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