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Economics Introduction

Q.1) From the national point of view which of the following indicates Micro Approach?

(A) Per capita income in India

(B) Study of sales of TISCO

(C) Inflation of India

(D) Educated Unemployment in India

Q.2) The theory of distribution relates to which of the following?

(A) The distribution of assets

(B) The distribution of income

(C) The distribution of factor payments

(D) Equality in the distribution of the income and wealth

Q.3) The problem of Economics arises from-

(A) Plenty

(B) Scarcity of goods

(C) More wants and less goods

(D) All of the above

Q.4) Why is rent earned by land even in the long run?

(A) Land has original and indestructible power

(B) Land is a man made factor

(C) Its supply is inelestic in the short run

(D) Its supply is inelestic in the long run

Q.5) Who is called the father of Economics?

(A) J.M. Keynes

(B) Malthus

(C) Ricardo

(D) Adam Smith

Q.6) The four factors of production are-

(A) Land, labour, capital, organisation

(B) Land, electricity, water labour

(C) Labour, capital, land rainfall

(D) Labour, climate, land, rainfall

Q.7) Division of labour is the result of-

(A) Complicated work

(B) Excessive pressure

(C) Excess supply of labour

(D) Specialisation

Q.8) Who said, "Economics is the Science of Wealth"?

(A) Robbins

(B) J.S. Mill

(C) Adam Smith

(D) Keynes

Q.9) Micro-economics is also called-

(A) Income theory

(B) Investment theory

(C) Price theory

(D) Expenditure theory

Q.10) Quasi rent is a ____ phenomenon.

(A) Medium time

(B) Long time

(C) Short time

(D) No time

ਜੇਕਰ ਤੁਸੀ ਕਿਸੇ ਵੀ ਸਰਕਾਰੀ ਨੌਕਰੀ ਬਾਰੇ ਜਾਣਕਾਰੀ ਲੈਣਾ ਚਾਹੁੰਦੇ ਹੋ ਤਾ ਉੱਤੇ ਦਿੱਤੇ ਕੰਮੈਟ ਬਾਕਸ ਵਿੱਚ ਕੰਮੈਟ ਕਰ ਸਕਦੇ ਹੋ ਧੰਨਵਾਦ ਅਰਨ ਮਨੀ ਜੋਬਜ ਟੀਮ