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Economics Quiz – 11 May

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This Quiz for All Competitive Exam (PGT Teacher, PGT Commerce, UGC NET/JRF, UKSSSC, PSU Accountant, IBPS, SBI, PO/Clerk)

Q1. The capital that is consumed by an economy or a firm in the production process is known as
एक अर्थव्यवस्था या उत्पादन प्रक्रिया में एक फर्म द्वारा खपत की जाने वाली पूंजी के रूप में जाना जाता है

A. Capital loss
B. Production cost
C. Dead-weight loss
D. Depreciation

Q2. Who propounded the opportunity cost theory of international trade?
अंतर्राष्ट्रीय व्यापार के अवसर लागत सिद्धांत को किसने प्रतिपादित किया?

A. Ricardo
B. Marshall
C. Heckscher & Ohlin
D. Haberler

Q3. If the demand for a good is inelastic, an increase in its price will cause the total expenditure of the consumers of the good to
यदि एक अच्छे की मांग अयोग्य है, तो इसकी कीमत में वृद्धि से अच्छे उपभोक्ताओं के कुल व्यय का कारण होगा

A. Increase
B. Decrease
C. Remain the same
D. Become zero

Q4. The horizontal demand curve parallel to x-axis implies that the elasticity of demand is
एक्स-अक्ष के समानांतर क्षैतिज मांग वक्र का मतलब है कि मांग की लोच है

A. Zero
B. Infinite
C. Equal to 1
D. Greater than zero but less than infinity

Q5. An individual demand curve slopes downward to the right because of the
व्यक्तिगत मांग वक्र नीचे की ओर दाईं ओर ढलान के कारण होता है

A. Working of the law of diminishing marginal utility
B. Substitution effect of decrease in price
C. Income effect of fall in price
D. All of the above

Q6. Income elasticity of demand is defined as the responsiveness of
मांग की आय लोच को जवाबदेही के रूप में परिभाषित किया गया है

A. Quantity demanded to a change in income
B. Quantity demanded to a change in price
C. Price to a change in income
D. Income to a change in quantity demanded

Q7. The supply of a good refers to
एक माल की आपूर्ति को संदर्भित करता है

A. Stock available for sale
B. Total stock in the warehouse
C. Actual production of the good
D. Quantity of the good offered for sale at a particular price per unit of time

Q8. The cost of one thing in terms of the alternative given up is called
दिए गए विकल्प के संदर्भ में एक चीज की लागत को कहा जाता है

A. Real cost
B. Production cost
C. Physical cost
D. Opportunity cost

Q9. Assume that consumer’s income and the number of sellers in the market for goods both falls. Based on this information, we can conclude with certainty that the equilibrium
मान लें कि उपभोक्ता की आय और बाजार में विक्रेताओं की संख्या दोनों गिर जाती है। इस जानकारी के आधार पर, हम निश्चितता के साथ निष्कर्ष निकाल सकते हैं कि संतुलन

A. Price will decrease
B. Price will increase
C. Quantity will decrease
D. Quantity will increase

Q10. The economist’s objections to monopoly rest on which of the following grounds?
एकाधिकार के लिए अर्थशास्त्री की आपत्तियाँ निम्नलिखित में से किस आधार पर हैं?

A. There is a transfer of income from consumers to the monopolist
B. There is welfare loss as resources tend to be misallocated under monopoly
C. Both A and B are incorrect
D. Both A and B are correct

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