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Competitive Exams - Economics MCQs (Practice - Test 8 of 122) - Examrace
Competitive Exams - Economics MCQs (Practice - Test 8 of 122) - Examrace
Competitive Exams - Economics MCQs (Practice - Test 8 of 122) - Examrace
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List-I List-II
ABCD
a. 4 1 3 2
b. 2 3 1 4
c. 3 2 1 4
d. 4 2 3 1
2. Which one of the following entails minimum expenditure by the government of India?
a. interest payments
b. Defence expenditure
3. In the given diagram, which one of the following areas represents consumer's surplus at a prices
of 5?
a. OADC
b. OBEC
c. CEGF
d. CEH
4. In the given diagram, ‘A’ represents the combination of two commodities ‘X’ and ‘Y’ purchased
by a consumer when the budget line is PP ‘’ B ‘and’ C ‘in the diagram are other combinations of
the tow commodities’ X ‘and’ Y ‘The price line RR’ passes through the point ‘A’ For the
consumer in question
a. A is revealed to be preferred to C
b. B is revealed to be preferred to A
c. A is revealed to be preferred to B
d. C is revealed to be preferred to a
5. In the situation represented in the given diagram, the real income of the consumer.
d. on price line PP ‘cannot be compared with that on the price line RR’ for want of adequate
data
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