Economics Mock Test

Which of the following technology is most useful in the study of Economics?

• Computer

• Internet

• Compact Disc

• Open access link

What is the economics system called that allows exchange of rice instead of clothes?

• Monetary System

• Banking System

• Barter System

• Loan System

Which type of unemployment arise due to lack of effective demand?

• Frictional

• Seasonal

• Cyclical

• Disguised

Which technique of production is used in small scale industries?

• Capital intensive

• Labour intensive

• Scarcity oriented

• Devlopment oriented

When was railway started for the first time in India?

• In 1953

• In 1853

• In 1975

• In 1901

What is the maximum value of HDI?

• More than 100

• 100

• 1

• Less than 100

How many major types of deposits exist in banks in India?

• 2

• 3

• 6

• 10

From the following, which factor is not included in technology to increase agriculture productivity?

• Pesticides

• Increase in irrigation facilities

• Agriculture finance

• Soil testing

What was the proportion of employment in industries in 2011 - 12?

• 49%

• 27%

• 24.3%

• 10%

Which age group of children are eligible for compulsory and free education according to Indian constitution?

• 5 - 15 year's

• 4 - 14 year's

• 7 - 15 year's

• 6 - 14 year's