Smartindia Classroom
CONTENTS
English
Economics
History & Civics
Back to home
Start Practice
Question-1
A good is normally priced when _______
(A)
Produced with scare resources
(B)
can satisfy human wants
(C)
a and b
(D)
none of these
Question-2
Non-Economic goods are _________ quantity
(A)
limited
(B)
unlimited
(C)
finite
(D)
None of these
Question-3
The demand for intermediate goods are _________
(A)
direct demand
(B)
derived demand
(C)
Indirect demand
(D)
none of these
Question-4
The services of a doctor or a teacher is ________
(A)
material goods
(B)
non-material goods
(C)
immortal goods
(D)
all of these
Question-5
_____ goods can be stored
(A)
material goods
(B)
non-material goods
(C)
immortal goods
(D)
all of these
Question-6
The supply of non-economic good is _________
(A)
limited
(B)
unlimited
(C)
finite
(D)
None of these
Question-7
Economic goods are _________
(A)
free gift of nature
(B)
man made
(C)
nature made
(D)
None of these
Question-8
_____ 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-9
________ is an important feature of economic goods
(A)
produced with scare resources
(B)
can satisfy human wants
(C)
they are priced
(D)
all of these
Question-10
_______ are example of durable goods
(A)
factories
(B)
tools
(C)
machineries
(D)
all of these
Your Score 0/10
Click
here
to see your answersheet and detailed track records.
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
Powered By