Human wants are unlimited, but the resources used to meet them are scarce. This, therefore, means that organizations and governments need to know how to use these resources and meet human wants. Economics gives us an idea of how to do it. This practice test is for reviewing on your economics knowledge. You can attempt it as often as you like. Your scores will not be recorded.
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Play as Quiz Flashcard. Title of New Duplicated Quiz:. Duplicate Quiz Cancel. More Economics Quizzes. What's Your Economic IQ? The Ultimate Quiz! Quiz: Principles Of Economics Questions! Principles Of Economics Pretest. Featured Quizzes. Are You Really Best Friends?Today, 3 to 4 questions are seen from the Economics section in every compitetive exam. This is the right time before the exam to pay attention to your weak side.Kb berliner philharmoniker de
Also we will request you to share this pdf with your friends too. In this session today, we have come with more than questions and answers from the Economics section. You can practice these questions before the exam.
So that you can solve all the questions from Economics. Here we have come with a collection of questions from Economics section in English which is going to be very useful for you. If you are preparing for any government exam, then we would advise you to download this PDF and give a right direction to your study. All these questions have been asked in previous year.
Below we have shown some questions from this pdf. You can download the PDF after reading these questions. All the questions are in English and we will bring it in Hindi soon.Inductance of trace over ground plane
We have also attached some more study material below. You can also download them and prepare. National Development Council was set up in:. Economic Planning is a subject: [Asstt Grade ].
A Brief Economics Practice Test Quiz!
The National Development Council gets its administrative support from:. Planning in India derives its objectives from:. The concept of Five Year Plans in India was introduced by. India has: [CDS ]. Who is the Deputy Chairman of Planning Commission? Rajendra Prasad c Shri V. Krishnamachari d Shri C.
The first attempt to initiate economic planning in India was made by:. Visvesvaraya d Jawaharlal Nehru. The decentralisation system was recommended by :. Rajagopalachari b J. The strategy of Rolling plan was adopted during the Prime Ministership of: [Railways ]. The growth rate of agricultural production was negative in the:. Also Check.The exam tests your conceptual, mathematical and graphical understanding of the material covered in this portion of the course.
Please review the content from the units covered before attempting the exam. The summary notes below are concise outlines of the main points covered in each session, but are presented only as a study aid in reviewing for the exam. They do not provide the in-depth knowledge needed to successfully complete the exam problems.
Once you are comfortable with the course content, complete the following practice exams. These exams are from Professor William Wheaton's course site, The exam should be completed in 2 hours. This is a closed book exam. You are not allowed to use notes, equation sheets, books or any other aids.
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Answers: Structured questions. Answers: Structured questions Model answers to structured questions fornd in the book. Unit 1: The basic economic problem pdf Unit 2: The allocation of resources pdf Unit 3: The individual as producer, consumer and borrower pdf Unit 4: The private firm as a producer and employer pdf Unit 5: The role of government in an economy pdf Unit 6: Economic indicators pdf Unit 7: Developed and developing economies pdf Unit 8: International aspects pdf.
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Who was the first administrator-statesman to attempt planning as a means for economic development? Show Answer. The aim of which of the Five Year Plans was to correct the disequilibrium in the economy?
Which of the following Five Year Plans recognized human development as the core of all developmental efforts? At which of the following places was the mining of coal started in ? In which of the following years were the cocking coals and non-cocking coal mines in India nationalized?
Minor ports like Kakinada, Machilipatnam, Bheemunipatnam, and Krishnapatnam are in which of the following states? I am highly keen and passionate about reading Indian History. Also, I like to mentor students about how to prepare for a competitive examination. Share your concerns with me by comment box. Also, you can ask anything at linkedin.
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Answers: Structured questions
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Very important related articles. Read now. Please Enter Message. Post Message. Indian Economy Questions. Important Economics Abbreviations for Bank Exams. Free Economics Questions and Answers. Current Affair Questions on Economics.Most of the times, even if the students understand the concepts, they struggle with connecting the dots and end up getting confused and make silly mistakes while solving questions in the exam.
This course can help you avoid that confusing state of mind in your exam hall. Shubham Kalra has a Masters in Economics from Delhi School of Economics and has worked as a Business Analyst in one of the largest banking and financial services organizations in the world. He has done research projects in Education and Infrastructure Sector in India involving field work and analysis of data. He holds a diploma in Financial Planning and has good understanding of Risk Management concepts and Financial Instruments as well.
He loves teaching and has been teaching since his college days in one way or another. It was inwhen he started teaching full time and is now teaching Economics and Statistics to many students online. His areas of specialization include Economics, Statistics, Finance and Game theory. Click here to know more and connect with him on Linkedin.
Amazing questions, covers the entire syllabus. Try this course with 3 days money back guarantee! Frequently Asked Questions. What modes of payment do you accept? Click here to pay via Debit, Credit Card or Net banking.
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What's included? Course Description Most of the times, even if the students understand the concepts, they struggle with connecting the dots and end up getting confused and make silly mistakes while solving questions in the exam.
Basics of Introductory Econometrics Linear Regression Part Inferential statistics - Hypothesis Testing and Confidence intervals By the end of the course, you will be able to: Feel much more confident in solving exam-style questions. Who is the target audience? Students who are looking to test their basic econometrics concepts Students who know the concepts but struggle with practice questions.
Shubham Kalra. Masters in Economics Delhi School of Economics. About the instructor Shubham Kalra has a Masters in Economics from Delhi School of Economics and has worked as a Business Analyst in one of the largest banking and financial services organizations in the world. Course Curriculum Before you start this course. Hypothesis Testing and Confidence Intervals. Simple Linear Regression - Practice Questions.
Multiple Linear Regression. Units of Measurement, Functional Forms and Regression through origin.
Sample Exam Questions for Econometrics
Dummy Variables. Functional Form Misspecification and Proxy Variables.Below is a compiled list of economics exam answers and quiz answers. These help increase the awareness of the resource and allow the page to continue to stay up. Which of the following is most likely to be an implicit cost for Company X? To the economist, total cost includes: A.
Which of the following is a short-run adjustment? A local bakery hires two additional bakers. Six new firms enter the plastics industry. The number of farms in the United States declines by 5 percent. BMW constructs a new assembly plant in South Carolina. The short run is characterized by: A.
The law of diminishing returns indicates that: A. Answer the question on the basis of the following output data for a firm. Assume that the amounts of all non-labor resources are fixed. Refer to the above data. Diminishing marginal returns become evident with the addition of the: A.
The marginal product of the sixth worker is: A. In the above diagram curves 1, 2, and 3 represent the: A. Refer to the above diagram. At output level Q total variable cost is: A.
The total variable cost of producing 5 units is: A. The average total cost of producing 3 units of output is: A. The marginal cost of producing the sixth unit of output is: A.
1500+ Economics Question & Answer PDF Download
In the long run: A. In which of the following market structures is there clear-cut mutual interdependence with respect to price-output policies? Which of the following industries most closely approximates pure competition? A purely competitive seller is: A. Assume the XYZ Corporation is producing 20 units of output.
This corporation: A. This firm is selling its output in a n : A. Refer to the above diagram for a purely competitive producer. The lowest price at which the firm should produce as opposed to shutting down is: A.
To maximize profit or minimize losses this firm will produce: A. K units at price C. D units at price J. E units at price A.
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