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BIZQUIZ

Total questions: 7

Worksheet time: 5mins

Name
Class
Date
1.

Data collected from published books are called

a)

Primary data

b)

Secondary data

c)

Tertiary data

d)

None of the above

2.

A numerical value used as a summary measure for a sample, such as sample mean, is known as a

a)

population parameter

b)

sample parameter

c)

sample statistic

d)

population mean

3.

Devaluation of currency will be more beneficial if prices of -

a)

domestic goods remain constant

b)

exports become cheaper to importers

c)

imports remain constant

d)

exports rise proportionately

4.

Dynamic Daily Pricing model has been adopted in the pricing of -

a)

Dairy products at Mother Dairy outlets

b)

Petroleum Products mainly petrol and diesel

c)

Consumer non durables in Big Bazar

d)

Nowhere

5.

According to the law of diminishing marginal utility, as the amount of a good consumed increases, the marginal utility of that good tends to -

a)

improve

b)

diminish

c)

remain constant

d)

first diminish and then

6.

Which is a function of commercial banks?

a)

Accept deposits

b)

Provide loans

c)

Open accounts

d)

All of the above

7.

identify this personality

(a)