Introduction To Micro Economics – Indian Economy GK MCQ

Introduction To Macro Economics Mcq
Introduction To Macro Economics Mcq

Introduction To Micro Economics – Indian Economy GK MCQ ( सूक्ष्म अर्थशास्त्र का परिचय )

Enhance your understanding of microeconomics with a comprehensive collection of Multiple Choice Questions (MCQs) sourced from previous year papers of various competitive exams, including UPSC IAS. Test your knowledge, sharpen your analytical skills, and stay updated with the fundamental principles of microeconomics.

Brief: Are you looking for a reliable resource to grasp the foundations of microeconomics? Look no further! Our MCQs page offers a wide range of questions sourced from previous year papers of different competitive exams, including UPSC IAS and more.

Immerse yourself in a stimulating learning experience as you explore this repository of MCQs. By attempting these questions, you can assess your knowledge, identify areas for improvement, and strengthen your conceptual understanding of microeconomic principles.

Our MCQs cover various topics related to the introduction to microeconomics. Whether you are a student preparing for a competitive exam or an individual interested in understanding the dynamics of market behavior, this resource is a valuable tool. Engage with the questions sourced from previous year papers to stay updated with the fundamental concepts, theories, and applications of microeconomics.

By practicing with these MCQs, you can enhance your analytical thinking, problem-solving abilities, and decision-making skills in the context of microeconomic analysis. Develop a solid understanding of concepts such as supply and demand, market structures, consumer behavior, production, cost analysis, and more.

Make the most of this page to excel in your exams. Dive into focused study sessions, reinforce your understanding, and boost your confidence in tackling microeconomics-related questions.

Introduction To Micro Economics – Indian Economy GK MCQ – Previous Year Questions

Question:
When will demand become a grant?
  • A
  • B
  • C
  • D
Question:
One of the following is ‘Labour’ in Economics.
  • A
  • B
  • C
  • D
Question:
Which of the following concepts are most closely associated with J.M. Keynes ?
  • A
  • B
  • C
  • D
Question:
An increase in per capital income is not an indication of an increase in the economic welfare of the people
  • A
  • B
  • C
  • D
Question:
Which of the following results by dividing national income by size of population ?
  • A
  • B
  • C
  • D
Question:
Speculative demand for cash is determined by
  • A
  • B
  • C
  • D
Question:
Say’s Law of Market holds that
  • A
  • B
  • C
  • D
Question:
A hammer in the hands of a house-wife is a ______ good.
  • A
  • B
  • C
  • D
Question:
The concept of joint sector implies cooperation between
  • A
  • B
  • C
  • D
Question:
‘Hire and Fire’ is the policy of
  • A
  • B
  • C
  • D
Question:
Tax on inheritance is called
  • A
  • B
  • C
  • D
Question:
The standard of living in a country is represented by its:
  • A
  • B
  • C
  • D
Question:
Effective demand depends on
  • A
  • B
  • C
  • D
Question:
Elasticity of demand is the degree of responsiveness of demand of a commodity to a
  • A
  • B
  • C
  • D
Question:
Malthusian theory is associated with which of the following ?
  • A
  • B
  • C
  • D
Question:
Inflation is a situation characterised by
  • A
  • B
  • C
  • D
Question:
A ‘Transfer Income’ is an
  • A
  • B
  • C
  • D
Question:
The term ‘Macro Economics’ was used by __________ .
  • A
  • B
  • C
  • D
Question:
‘Supply creates its own demand’. This statement is related to
  • A
  • B
  • C
  • D
Question:
The demand for money, according to Keynes, is for
  • A
  • B
  • C
  • D

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