Basics Of Economics Set 4

Bachelor of Commerce (B Com),

Bachelor of Arts in Sociology (BA Sociology ),

Union Public Service Commission (UPSC),

Indian Administrative Service (IAS)

Learning Mode Previous Next
On This Page

This set of Basics of Economics Multiple Choice Questions & Answers (MCQs) focuses on Basics Of Economics Set 4

Q1 | The horizontal supply curve parallel to quantity axis represents
Q2 | When output is zero, variable cost is --------
Q3 | Change in quantity supplied of a product can result from
Q4 | At prices above the equilibrium price
Q5 | When MC cuts AC, AC is at its ------------
Q6 | Cost function relates cost to
Q7 | An increase in market demand, supply remaining the same results in
Q8 | There is no distinction between firm and industry in
Q9 | A fall in the market demand, supply remaining the same results in
Q10 | The cost of next best alternative is called
Q11 | When MC is greater than AC, AC
Q12 | There is ------- relationship between price and quantity supplied
Q13 | Supply curve represents -------- relationship between quantity andprice
Q14 | National Income means:
Q15 | The difference between GDP and NDP equals:
Q16 | Which of the following is true?
Q17 | NNP is equal to:
Q18 | Which of the following is not a method of national income estimation?
Q19 | An accounting year in India is:
Q20 | Increase in real National Income (NI) means increase in:
Q21 | Net indirect taxes means:
Q22 | Net factor income from abroad shows the difference between:
Q23 | Per capita income is equal to:
Q24 | National income in India is estimated by:
Q25 | The first estimate of National income in India was done by:
Previous Next