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11th Standard Economics English Medium Free Online Test Creative One Mark Questions with Answer Key - Part Five

11th Standard

    Reg.No. :
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Economics

Time : 00:10:00 Hrs
Total Marks : 10

    Answer all the questions

    10 x 1 = 10
  1. The deductive method is also known as ________.

    (a)

    Abstract Method

    (b)

    Empirical method

    (c)

    Traditional Method

    (d)

    None

  2. There are __________ kinds of elasticity of demand.

    (a)

    Two

    (b)

    Three

    (c)

    Four

    (d)

    Five

  3. Exertion of body or mind

    (a)

    Hawley

    (b)

    Adam smith

    (c)

    Marshall

    (d)

    None

  4. Profit is a called

    (a)

    AVC + AFC

    (b)

    MC + AC

    (c)

    TR - TC

    (d)

    None

  5. The author of liquidity preference theory is_____________.

    (a)

    J.M. Keynes

    (b)

    Marshall

    (c)

    Samuelson

    (d)

    Knight

  6. ___________was the architect of the Indian Constitution, a custodian of social justice.

    (a)

    B.R. Ambedkhar

    (b)

    Nehru

    (c)

    Gandhi

    (d)

    V.K.R.V.Rao

  7. Green Revolution had brought prosperity to __ people.

    (a)

    Urban People

    (b)

    Rural People

    (c)

    City People

    (d)

    None of these

  8. Steel Authority of India Ltd. (SAIL) was established in the year

    (a)

    1974

    (b)

    1970

    (c)

    1972

    (d)

    1971

  9. In which year cold storage order promulgated by the Ministry of Agriculture?

    (a)

    1960

    (b)

    1964

    (c)

    1962

    (d)

    1965

  10. In the pre-reforms period (i.e. before 1991), entry of foreign firms into the country was___________________.

    (a)

    restricted

    (b)

    freely permissible

    (c)

    not relevant at all

    (d)

    nothing can be said

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