class 11 Micro ch 1 & 2

Quiz
•
Other
•
11th Grade
•
Medium
InTuition acadeME
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16 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Micro economics deals with ?
Individual units
Economy as a whole
both
none
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Microeconomics focuses on -
Income determination
Employment determination
Price determination
all of these
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
an economy where all the economic decisions are taken by the government is known as ?
market economy
Centrally planned economy
Mixed economy
None
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Positive statements in economics talk about
opinions
Facts
both
none
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
which of the following is a normative statement?
the number of corona cases in India has gone beyond 60000
The number of corona virus deaths in India are above 2000
There are over 40 crore migrant workers in India
Indian government should provide free transport to all migrant workers to help them reach their hometown.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Scarcity is the mother of all economic problems
True
False
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What to produce is the central problem of choice of technique of production
True
False
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