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Economics MCQ
Economics MCQ
Building Material and Concrete Technology all Questions Of SSC JE 2016 Exam
Ans-(3)
Ans-¼3½
Q.2 Which of the following is true with respect to LRAC (Long run average cost) and LRMC (Long run
marginal cost)?
(1) LRMC curve cuts the LRAC curve from below at the minimum point of LRMC.
(2) LRMC curve cuts the LRMC curve from below at the minimum point of LRAC.
(3) LRMC curve cuts the LRAC curve from below at the minimum point of LRAC.
(4) LRMC curve cuts the LRMC curve from below at the minimum point of LRMC.
Ans-(1)
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Q.2 ,y-vkj-,-lh ¼nh?kZdkyhu vkSlr ykxr½ vkSj ,y-vkj-,e-lh ¼nh?kZdkyhu lhekUr ykxr½ ds lanHkZ esa fuEufyf[kr esa ls
D;k lR; gS\
¼1½ ,y-vkj-,e-lh- odz] ,y-vkj-,-lh- odz dks uhps ls ,y-vkj-,e-lh ds U;wure fcanq ij dkVrk gSA
¼2½ ,y-vkj-,-lh- odz] ,y-vkj-,e-lh odz dks uhps ls ,y-vkj-,-lh- ds U;wure fcanq ij dkVrk gSA
¼3½ ,y-vkj-,e-lh- odz] ,y-vkj-,-lh- odz dks uhps ls ,y-vkj-,-lh ds U;wure fcanq ij dkVrk gSA
¼4½ ,y-vkj-,-lh- odz] ,y-vkj-,e-lh- odz dks uhps ls ,y-vkj-,e-lh ds U;wure fcanq ij dkVrk gSA
Ans-¼1½
Q.3 If demand curve for Kashmiri apples is D = 15000 - 75P and supply curve is S = 2000 +25P, then find the
equilibruim quantity.
Ans-(2)
Q.3 ;fn d’ehjh lsckas ds fy, ekax odz D = 15000 - 75P vkSj iwfrZ odz S = 2000 +25P, gS rks larqyu ek=k Kkr djsaA
Ans-¼2½
Q.4 The………..ratio is the ratio of money held by the public in currency to that they hold in bank deposits.
Ans-(1)
Q.4 yksxkas }kjk eqnzk ¼djaslh½ esa /kkfjr eqnzk vkSj cSad tek ds #I esa /kkfjr eqnzk ds vuqikr% dks D;k dgk tkrk gS\
Ans-¼1½
Q.5 National Income-Undistributed- Net interest payments made by households-Corporate tax+ Transfer
payments to the households from the government and firms is………
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Ans-(1)
Q.5 jk"Vªh; vk;& vforfjr ykHk&ifjokjksa }kjk dh x;h fuoy C;kt vnk;xh & fuxe dj + ljdkj vkSj QeksaZ ls ifjokjksa
dks dh x;h varj.k vnk;xh D;k dgykrh gS\
Ans-¼1½
Q.6 Which of the following is true?
(1) Imposition of price floor above the equilibrium price leads to an excess supply.
(2) Imposition of price floor below the equilibrium price leads to an excess supply.
(3) Imposition of price floor above the equilibrium price leads to an excess demand.
(4) Imposition of price floor below the equilibrium price leads to an excess demand.
Ans-(3)
¼1½ larqyu dher ls vf/kd dher dh fuezre fu/kkZfjr dher fu/kkZfjr dher fu/kkZj.k ls vf/kiwfrZ mRié gksrh gSA
¼2½ larqyu dher ls vf/kd dher dh fuezre fu/kkZfjr dher fu/kkZfjr dher fu/kkZj.k ls vf/kiwfrZ mRié gksrh gSA
¼3½ larqyu dher ls vf/kd dher dh fuezre fu/kkZfjr dher fu/kkZfjr dher fu/kkZj.k ls vf/kekax mRié gksrh gSA
¼4½ larqyu dher ls vf/kd dher dh fuezre fu/kkZfjr dher fu/kkZfjr dher fu/kkZj.k ls vf/kekax mRié gksrh gSA
Ans-¼3½
Q.7 Which of the following is true?
(1) The imposition of a unit tax shifts the demand curve of a firm to the to the left.
(2) The imposition of a unit tax shifts the supply curve of a firm to the right
(3) The imposition of a unit tax shifts the supply curve of a firm to the left
(4) The imposition of a unit tax shifts the demand curve of a firm to the right.
Ans-(3)
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¼1½ izfr bdkbZ dj yxkus ij QeZ dh ekax odz ck;ha vksj f’k¶V gks tkrh gSA
¼2½ izfr bdkbZ dj yxkus ij QeZ dh iwfrZ odz nkfguh vksj f’k¶V gks tkrh gSA
¼3½ izfr bdkbZ dj yxkus ij QeZ dh iwfrZ odz ck;ha vksj f’k¶V gks tkrh gSA
¼4½ izfr bdkbZ dj yxkus ij QeZ dh ekax odz nkfguh vksj f’k¶V gks tkrh gSA
Ans-¼3½
Q.8 If price of an article increases from Rs 200 to Rs 240, When quantity demanded decreases from 1,000
units to 800 units. Find point elasticity of demand?
(1) -1
(2) 1
(3) 0.8
(4) -0.8
Ans-(-1)
Q.8 ;fn fdlh oLrq dh dher 200 #Ik;s ls c<+dj 240 #Ik;s gks tkrh gS tcfd mldh ek=k dh ekax 1]000 bdkbZ ls
800 bdkbZ rd ?kV tkrh gS] rks ekax yksp fcanq Kkr djsaA
(1) -1
(2) 1
(3) 0.8
(4) -0.8
Ans-(-1)
(1) Net borrowing at home - Borrowing from RBI + Borrowing from abroad
(2) Net borrowing at home + Borrowing from RBI - Borrowing form abroad
(3) Net borrowing at home - Borrowing from RBI - Borrowing from abroad
(4) Net borrowing at home + Borrowing form RBI + Borrowing from abroad
Ans-(4)
Q.9 ldy jktdks"kh; ?kkVk ¼foŸkh; Ik{k ls½ fdlds cjkcj gS\
¼1½ fuoy ?kjsyw _.k&xzg.k &Hkkjrh; fjt+oZ cSad ls _.k&xzg.k + fons’kksa ls _.k&xzg.k
¼2½ fuoy ?kjsyw _.k&xzg.k + Hkkjrh; fjt+oZ cSad ls _.k&xzg.k + fons’kksa ls _.k&xzg.k
¼3½ fuoy ?kjsyw _.k&xzg.k &Hkkjrh; fjt+oZ cSad ls _.k&xzg.k & fons’kksa ls _.k&xzg.k
¼4½ fuoy ?kjsyw _.k&xzg.k + Hkkjrh; fjt+oZ cSad ls _.k&xzg.k + fons’kksa ls _.k&xzg.k
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ADVANCE ENGINEERING CLASSES ECONOMICS
Ans-¼4½
Q.10 Gross National Product is equal to
Ans-(4)
¼1½ ckt+kj dherksa ij fuoy jk"Vªh; mRikn &¼ vizR;{k dj& minku½
¼2½ ckt+kj dherksa ij fuoy jk"Vªh; mRikn & fuoy vizR;{k dj
¼3½ oS;fDrd vk; & oS;fDrd dj vnk;xh& xsjdj vnk;xh
¼4½ ldy ?kjsyw mRikn + fons’kksa ls izkIRk fuoy dkjd vk;
Ans-¼4½
Q.11 …………. is a locus of all points representing bundies among which the consumer is indifferent.
Ans-(4)
Q.11 ---------------lHkh fcUnqvksa dk fcUnqiFk gS tks mu caMyksa dks iznf’kZr djrs gS] ftuds chp miHkksäk rVLFk gSA
Ans-¼4½
Q.12 Which of the following is true with respect to LRAC (Long run average cost ) and LRMC(Long run
marginal cost)?
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ADVANCE ENGINEERING CLASSES ECONOMICS
Ans-(1)
Q.12 ,y-vkj-,-lh ¼nh?kZdkyhu vkSlr ykxr½ vkSj ,y-vkj-,e-lh ¼nh?kZdkyhu lhekUr ykxr½ ds lanHkZ esa fuEufyf[kr esa ls
D;k lR; gS\
¼1½ ,y-vkj-,-lh vkSj ,y-vkj-,e-lh nksuksa odz ‘U’ vkdkj gksrs gSA
¼2½ ,y-vkj-,-lh vkSj ,y-vkj-,e-lh nksuksa odz ‘N’ vkdkj gksrs gSA
¼3½ ,y-vkj-,-lh odz ‘U’ vkdkj dk vkSj ,y-vkj-,e-lh ‘N’ vkdkj gksrk gSA
¼4½ ,y-vkj-,-lh odz ‘N’ vkdkj dk vkSj ,y-vkj-,e-lh ‘U’ vkdkj gksrk gSA
Ans-¼1½
Q.13 If demand curve for Kanjeevaram sarees is D = 73000 - 17P and supply curve is S =28000 + 8P, find the
equilibrium Price (in Rupees)?
(1) 2000
(2) 2200
(3) 1800
(4) 2400
Ans-(3)
Q.13 ;nh dkathoje lkM+h ds fy, ekax odz vkSj iwfrZ odz gS rks larqyu dher¼ #Ik;s esa ½ Kkr djsaA
¼1½ 2000
¼2½ 2200
¼3½ 1800
¼4½ 2400
Ans-¼3½
Q.14 Any current account deficit is of necessity financed by …………
Ans-(3)
Q.14 fdlh Hkh pkyw [kkrk ?kkVk dks -------------ls foŸkiksf"kr djuk vko’;d gksrk gSA
Ans-¼3½
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ADVANCE ENGINEERING CLASSES ECONOMICS
Ans-(3)
Ans-¼3½
Q.16 Which of the following is true?
(1) Imposition of price ceiling above the equilibrium price leads to an excess demand.
(2) Imposition of price ceiling below the equilibrium price leads to an excess supply.
(3) Imposition of price ceiling below the equilibrium price leads to an excess demand.
(4) Imposition of price ceiling above the equilibrium price leads to an excess supply.
Ans-(3)
¼1½ larqyu dher ls vf/kd dher dh mPPkre fu/kkZfjr dher fu/kkZj.k ls vf/kekax mRié gksrh gSA
¼2½ larqyu dher ls vf/kd dher dh mPPkre fu/kkZfjr dher fu/kkZj.k ls vf/kiwfrZ mRié gksrh gSA
¼3½ larqyu dher ls vf/kd dher dh mPPkre fu/kkZfjr dher fu/kkZj.k ls vf/kekax mRié gksrh gSA
¼4½ larqyu dher ls vf/kd dher dh mPPkre fu/kkZfjr dher fu/kkZj.k ls vf/kiwfrZ mRié gksrh gSA
Ans-¼3½
Q.17 Which of the following is true?
Ans-(4)
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Ans-¼4½
Q.18 Gross fiscal deficit =
Ans-(2)
¼1½ dqy + ¼jktLo izkfIr;ka & xSj _.k lsa lwftr iawthxr izkfIr;ka½
¼2½ dqy & ¼jktLo izkfIr;ka + xSj _.k lsa lwftr iawthxr izkfIr;ka½
¼3½ dqy & ¼jktLo izkfIr;ka & xSj _.k lsa lwftr iawthxr izkfIr;ka½
¼4½ dqy + ¼jktLo izkfIr;ka + xSj _.k lsa lwftr iawthxr izkfIr;ka½
Ans-¼2½
Q.19 Personal Disposable income =
Ans-(1)
Q.20 The …………… set is the collection of all bundles that the consumers can buy with their income at the
prevailing market prices.
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ADVANCE ENGINEERING CLASSES ECONOMICS
(1) demand
(2) utility
(3) indifference
(4) budget
Ans-(4)
Q.20 -------------lsV mu lHkh caMyks dk laxzg gS ftls miHkksDrk fon~;eku ckt+kj dherksa ij viuh vk; ls [kjhn ldrk gSA
¼1½ ekax
¼2½ mi;ksfxrk
¼3½ mnklhurk
¼4½ ctV
Ans-¼4½
Q. 21 Economists define unemployed person as one who is not able to get even 1 hour of work in
……………….
Ans-(4)
Q.21 vFkZ’kkL=h ml O;fDr dk csjkstxkj ds #I esa ifjHkkf"kr djrs gSa] ftls ------------ esa 1 ?kaVs dk dke Hkh ugh feyrkA
¼1½ ,d eghus
¼2½ ,d lIrkg
¼3½ ,d fnu
¼4½ vk/kk fnu
Ans-¼4½
Q.22 If C = Consumption I = Investment ,G = Government spending, Ex = exports & Im = then GDP =
(4) G + C + Ex - (I - Im)
Ans-(2)
Q.22 ;fn C = [kir] I = fuos’k ]G = ljdkjh O;;] Ex = fu;kZr vkSj Im = vk;kr ]rks thMhih =
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ADVANCE ENGINEERING CLASSES ECONOMICS
(4) G + C + Ex - (I - Im)
Ans-(2)
Q.23 Price of an article decreases from Rs 40 to Rs 30 when quantity demanded increases from 1000 units
to Q2 units.If point elasticity of demand is -0.8, then what is the value of
(1) 900
(2) 800
(3) 1200
(4) 1100
Ans-(3)
Q.23 fdlh oLrq dk ewY; 40 #Ik;s ls ?kVdj 30 #Ik;s gks tkrk gSa tcfd mldh ekax 1000 bdkbZ ls c<+dj Q2 gks
tkrh gSA ;fn ekax dk yksp fcanq &08 gS rks Q2 dk eku D;k gksxk\
¼1½ 900
¼2½ 800
¼3½ 1200
¼4½ 1100
Ans-¼3½
Q.24 Monotonicity of preferences implies that the indifference curve is…………… sloping.
(1) Diagonal
(2) Horizontal
(3) Downward
(4) Upward
Ans-(3)
¼1½ fod.kZ
¼2½ {ksfrt
¼3½ uhps dh vksj
¼4½ Åij dh vksj
Ans-¼3½
Q.25 The point at which the budget line just touches, one of the………….. curves would be the consumer s
optimum.
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ADVANCE ENGINEERING CLASSES ECONOMICS
(1) demand
(2) utility
(3) supply
(4) indifference
Ans-(4)
Q.25 ftl fcanq ij ctV js[kk-----------odz dks Li’kZ djrh gS ogh miHkksDrk dk b"Vre gksrk gSA
¼1½ ekax
¼2½ mi;ksfxrk
¼3½ vkiwfrZ
¼4½ vuf/keku
Ans-¼4½
Q.26 Which of the following is true with respect to SMC (Short run marginal cost) and SAC (Short run
Average cost)?
(1) SMC curve cuts the SAC curve from above at the maximum point of SAC
(2) SAC curve cuts the SMC curve from below at the minimum point of SMC
(3) SAC curve cuts the SMC curve from above at the maximum point of SMC
(4) SMC curve cuts the SAC curve from below at the minimum point of SAC
Ans-(4)
Q.26 buesa ls ,l,elh¼ vYidkyhu lhekUr ykxr ½ vkSj ,l,lh ¼vYidkyhu ykxr½ ds lanHkZ esa D;k lR; gS\
¼1½ ,l,elh odz] ,l,lh odz dks Åij ls ,l,lh ds mPpre fcanq ij dkVrk gSA
¼2½ ,l,elh odz] ,l,elh odz uhps ls ,l,elh U;wure fcanq ij dkVrk gSA
¼3½ ,l,lh odz] ,l,elh odz Åij ls ,l,elh mPPre fcanq ij dkVrk gSA
¼4½ ,l,elh odz] ,l,lh odz uhps ls ,l,lh U;wure fcanq ij dkVrk gSA
Ans-¼4½
Q.27 A glass factory hires 12 craftsmen by paying each of then Rs 1100 per day, The 12 th craftsman
demand Rs 1200 per day. If this craftsman is hired then all other craftsman must be paid Rs 1200 . The
marginal resource (labour) cost of the 12th craftsman is …………..
(1) Rs 100
(2) Rs 2,300
(3) Rs 14,400
(4) Rs 1,200
Ans-(2)
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Q.27 ,d Xykl QSDVªh 1100 #Ik;s izfrfnu ds fglkc ls 11 dkjhxjksa dks dke nsrh gSA 12 okW dkjhxj 1200 #Ik;s
izfrfnu dk ekax djrk gS ;fn bl dkjhxj dks dke ij j[kk tkrk gS rks vU; lHkh dkjhxjksa dks Hkh 1200 #Ik;s nsus iM+sxs
12 osa dkjhxj dh lhekUr Je ewY;--------------gSA
Ans-¼2½
Q.28 Is the ratio which require the banks to maintain a given fraction of their total demand and time
deposits in the form of specified liquid assets.
Ans-(3)
Q.28 ------------ vuqikr ds vuqlkj cSadks dks fufnZ"V rjy ifjlaifŸk;ksa; ds #Ik esa vius dqy ekax vkSj vkof/kd tek ds
fn, gq, va’k dkss cuk;s j[kuk IkM+rk gSA
Ans-¼3½
Q.29 Net National Product at market prices - Net indirect taxes =
Ans-(1)
Ans-¼1½
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Q.30 The line consisting of all the bundles which cost exactly equal to the consumer’s income is called
the…………line.
(1) demand
(2) utility
(3) budget
(4) indifference
Ans-(3)
Q.30 ,slh js[kk ftlesa lHkh caMy ’kkfey gks ftldh dher miHkksDrk dh vk; ds fcYdqy cjkcj gks]og js[kk D;k dgykrh
gS\
¼1½ ekax
¼2½ mi;ksfxrk
¼3½ ctV
¼4½ vuf/keku
Ans-¼3½
Q.31 The area under the short run…………….. cost curve up to any level of output given us the total variable
cost up to that level.
(1) average
(2) marginal
(3) total
(4) variable
Ans-(2)
Q.31 vYidkyhu --------------- ykxr odz ds vUnj dk {ks=Qy fuxZr ds fdlh Hkh Lrj rd gesa ml Lrj rd ds fy, dqy
ifjorhZ ykxr nsrk gSA
¼1½ vkSlr
¼2½ lhekUr
¼3½ dqy
¼4½ ifjorhZ
Ans-¼2½
Q.32 If price of an article decreases from Rs 60 to Rs 50, when demanded increases from 1,000 units to
1,200 units Find point elasticity of demand.
(1) 1
(2) -1 2
(3) -1
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(4) 1.2
Ans-(-1)
Q.32 ;fn fdlh oLrq dh dher 60 #Ik;s ls ?kVdj 50 #Ik;s gks tkrh gS tc ekax dh ek=k 1]000 bdkbZ ls c<+dj
1]200 bdkbZ gksrh gSA ekax dk yksp fcanq Kkr djsaA
(1) 1
(2) -1 2
(3) -1
(4) 1.2
Ans-(-1)
Q.33 Which ratio is the proportion of the total deposits commercial banks keep as reserves ?
Ans-(3)
Q.33 O;kolkf;d cSad viuh dqy tek dk tks vuqikr vkjf{kr fuf/k;ksa ds #Ik eas j[krs gSa] mls dkSu lk vuqikr dgk tkrk
gS\
Ans-¼3½
Q.34 Gross Domestic Product + Net factor income from abroad =
Ans-(3)
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ADVANCE ENGINEERING CLASSES ECONOMICS
Ans-¼3½
Q.35 The slope of the ………….. line measures the amount of change in good 2 required per unit of change in
good 1 along the line.
(1) demand
(2) budget
(3) utility
(4) indifference
Ans-(2)
Q.35 -----------js[kk dh izo.krk iwjh js[kk ij oLrq 1 ds izfr bdkbZ ifjorZu dh fLFkfr esa oLrq 2 esa gq, ifjorZu dh ek=k
dk ekiu djrh gSA
¼1½ ekax
¼2½ ctV
¼3½ mi;ksfxrk
¼4½ vuf/keku
Ans-¼2½
Q.36 Which of the following is true with respect to SMC (Short run marginal cost ) and AVC (Average
variable cost)?
(1) AVC curve cuts the SMC curve form above at the maximum point of SMC.
(2) SMC curve cuts the AVC curve from above at the maximum point of AVC.
(3) AVC curve cuts the SMC form below at the minimum point of SMC curve.
(4) SMC curve cuts the AVC curve from below at the minimum point of AVC.
Ans-(4)
Q.36 ,ohlh ¼vkSlr ifjorhZ ykxr½ vkSj ,l,elh ¼vYidkyhu lhekUr ykxr½ ds lanHkZ esa fuEu esa ls D;k lR; gS\
¼1½ ,ohlh odz] ,l,elh odz dks Åij ls ,l,elh ds mPpre fcanq ij dkVrk gSA
¼2½ ,l,elh odz] ,ohlh odz dks Åij ls ,ohlh ds mPpre fcanq ij dkVrk gSA
¼3½ ,ohlh odz] ,l,elh odz dks uhps ls ,l,elh ds U;wure fcanq ij dkVrk gSA
¼4½ ,l,elh odz] ,ohlh odz dks uhps ls ,ohlh ds U;wure fcanq ij dkVrk gSA
Ans-¼4½
Q.37 If price of an article decrease from Rs 8 to Rs 7.5 when quantity demanded increases from Q1 units to
225000 units, and If point elasticity of demand is -2 what is the value of Q1?
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ADVANCE ENGINEERING CLASSES ECONOMICS
Ans-(2,00,000 units)
Q.37 ;fn fdlh oLrq dh dher 8 #Ik;s ls ?kVdj 7-5 #Ik;s gks tkrh gS tc ek=k ekax Q1 bdkbZ ls c<+dj 225000
bdkbZ;ka gks tkrh gS vkSj ;fn ekax yksp fcanq&2 gS rks Q1 dk eku D;k gksxk \
Ans-(2)
Q.38 ---------------------vuqikr ds vuqlkj cSadks dks viuh tek jkf’k dk ,d va’k fjt+oZ cSad ds ikl j[kuk gksrk gSA
Ans-¼2½
Q.39 Net National Product at market prices - (Indirect taxes - Subsidies) =
Ans-(3)
Q.39 fuoy jk"Vªh; mRikn ckt+kj dher ij &¼ vizR;{k dj & minku½=
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ADVANCE ENGINEERING CLASSES ECONOMICS
Ans-¼3½
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