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Economics - MCQs for Board Examination

Total questions: 10

Worksheet time: 7mins

Name
Class
Date
1.

MPC (Marginal Propensity to Consume) being 0.8 what will be the change in consumption when income increases by

Rs 200 ?

a)

140

b)

160

c)

180

d)

200

2.

Which of the following is not a non tax receipt ?

a)

Fees

b)

Fines

c)

Gift tax

d)

Grants and donations

3.

Which of the following is not concerned with banking system ?

a)

Bank rate

b)

Fiscal Deficit

c)

Credit creation

d)

Margin money requirement

4.

Which of the following leads to increase in aggregate demand ?

a)

Increase in government expenditure

b)

Increase in investment expenditure

c)

Fall in imports

d)

all of the above

5.

Which financial institution accepts demand deposit and creates money ?

a)

LIC

b)

Central Bank

c)

Commercial Bank

d)

All of the above

6.

Which of the following is revenue receipts for the government ?

a)

Borrowing from public

b)

Profits and dividends

c)

Disinvestment

d)

Small Savings

7.

Suez Canal was built in the year (a)  

8.

Britishers came to India with a motive of getting raw materials at cheaper cost & to sell finished goods produced in England at higher price. This is known as (a)   .

9.

Under migration

a)

economic benefits > cost of migration

b)

economic benefits < cost of migration

c)

economic benefits = cost of migration

d)

none of the above

10.

The policy of land ceiling was successful in the states _______ & _______

(a)