Smartindia Classroom
CONTENTS
English
Economics
History & Civics
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Question-1
_____ are those goods which are sold to final users during the year
(A)
material goods
(B)
final goods
(C)
intermediate goods
(D)
all of these
Question-2
__________ are example of single use consumer goods
(A)
milk
(B)
bread
(C)
food grains
(D)
all of these
Question-3
Find out a free good
(A)
sunshine
(B)
sand and desert
(C)
air
(D)
all of these
Question-4
_____ goods can be stored
(A)
material goods
(B)
non-material goods
(C)
immortal goods
(D)
all of these
Question-5
_____ goods can not be stored
(A)
material goods
(B)
non material goods
(C)
mortal goods
(D)
all of these
Question-6
__________ are those goods which satisfies human wants and do not posses economic value
(A)
Economic goods
(B)
natural goods
(C)
non - economic goods
(D)
none of these
Question-7
Economic goods are _________ quantity
(A)
limited
(B)
unlimited
(C)
infinite
(D)
None of these
Question-8
__________ goods cannot be seen, touched or transported
(A)
material goods
(B)
non material goods
(C)
immaterial goods
(D)
all of these
Question-9
The services of a doctor or a teacher is ________
(A)
material goods
(B)
non-material goods
(C)
immortal goods
(D)
all of these
Question-10
_______ are example of durable goods
(A)
factories
(B)
tools
(C)
machineries
(D)
all of these
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Plus 2 Humanities
ICSE/ISC
Practice in Related Chapters
Micro Economic Theory
Theory of Consumer Behavior; Marginal Utility and Indifference Curve Analysis
Law of Supply and Price Elasticity of Supply
Laws of Returns - Returns to a Factor and Returns to Scale
Demand and Law of Demand
Elasticity of Demand
Cost and Revenue Analysis
FORMS OF MARKET
EQUILIBRIUM OF FIRM
Determination of Equilibrium Price and Output Under Perfect Competition Monopoly and Monopolistic
Equilibrium Price: Market Price
Nature of Goods and Services Produced
National Income Aggregates
INTERNATIONAL TRADE; NEED AND BASIS
Balance of Payments
Theory of Distribution: Marginal Productivity Theory and Determination of Wages
Public Expenditure
PUBLIC DEBT
Fiscal Policy and Deficit Financing
The Theory of Distribution: Rent, Interest and Profit
National Income and Circular Flow of Income
Measurement of National Income
- GOVERNMENT BUDGET
PUBLIC FINANCE;TAXATION
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