NEW
Font size
WorksheetsECONOMICS
Total questions: 25
Worksheet time: 13mins
Which of the following is studied under Micro Economics ?
Individual unit
Economic Aggregate
National Income
None of these
On which base structure of economic problems has been installed?
Unlimited Wants
Limited Resources
Both (a) and (b)
None of the above
Which of the following statement is true?
Human wants are infinite
Resources are limited
Scarcity problem gives birth to choice
All of these
Which of the following Is a type of economic activities ?
Production
Consumption
Exchange and Investment
All of these
Which is a central problem of an economy ?
Allocation of Resources
Optimum Utilization of Resources
Economic Development
All of these
Which of the following is studied under Macro Economics ?
National Income
Full Employment
Total Production
All of these
Which of the following is a source of production ?
Land
Labour
Capital
All of these
Indian economy is:
Centrally planned economy
Market economy
Mixed economy
None of these
The validity period of a demand draft is
One month
Two Months
Three months
Six Months
Which is the central Bank of India
Central Bank
State Bank of India
Bank of India
Reserve Bank of India
What is the defect of the barter system?
Lack of double coincidence of wants
Difficulty in the measurement of value
Difficulty in store of value
All of these
Which among the following is the near money?
Bonds
Insurance policy
Securities
All of these
Which of the following is the function of a commercial bank?
Accepting deposits
Credit creation
Agency function
All of these
Which of the following is the apex bank of India?
RBI
SBI
SBP
PNB
Who has the right of note issue?
Central Bank
Commercial Bank
Government
Co-operative Bank
Which one is included in the primary function of money?
Medium of Exchange
Measure of Value
Both (a) and (b)
Store of Value
The full form of ATM is:
Any Time Money
All Time Money
Automated Teller Machine
Both (a) and (b)
Who regulates the money supply?
Govt, of India
Reserve Bank of India
Commercial Bank
Niti Ayog
Which among the following options will be the cheapest source of credit in rural areas?
Bank
Cooperative Society
Money-lender
Finance Company
Why is currency accepted as a medium of exchange?
Because the currency is authorized by the government of the country.
Because it is liked by the people who use it.
Because the use of currency has its origin in ancient times.
Because the currency is authorized by the World Bank.
When was Demonetization declared?
November 8, 2016
December 30, 2016
December 8, 2016
None of the above
In a rural area, what is the female worker’s participation rate?
Lower in a rural area
Higher in rural areas
Higher in urban areas
Lower in both the areas
Which of the following activities does not belong to the primary sector?
Fishing
Banking
Mining
Forestry
Which of the following sectors is the largest employer in India?
Primary Sector
Secondary Sector
Tertiary Sector
IT Sector
Life insurance is an activity of the
primary sector
secondary sector
service sector
none of the above
