CLASS 12 MACRO ECONOMICS BASIC CONCEPTS OF MACROECONOMICS
Master Macro Economics for Class 12
Test your knowledge on the fundamental concepts of macroeconomics with this engaging quiz designed specifically for Class 12 students. Challenge yourself with questions covering the domestic territory, national income, and other essential macroeconomic principles.
Key Features:
- Multiple choice questions
- Focus on essential macropeconomic concepts
- Ideal for revision and self-assessment
WHICH OF THE FOLLOWING ARE COVERED UNDER THE DOMESTIC TERRITORY OF INDIA?
STATE BANK OF INDIA IN LONDON
GOOGLE OFFICE IN INDIA
OFFICE OF TATA MOTORS IN AUSTRALIA
RUSSIAN EMBASSY IN INDIA
WHICH OF THE FOLLOWING CONSTITUTE THE REASON FOR DIFFERENCE BETWEEN MARKET PRICES AND FACTOR COST?
INDIRECT TAXES
SUBSIDIES
BOTH A AND B
NEITHER A NOR B
IF FACTOR COST IS GREATER THAN MARKET PRICE, THEN IT MEANS THAT:
INDIRECT TAXES>SUBSIDES
INDIRECT TAXES=SUBSIDIES
INDIRECT TAXES
INDIRECT TAXES>=SUBSIDIES
FINAL GOODS REFERS TO THOSE GOODS WHICH ARE USED EITHER FOR ________ OR FOR_________.
CONSUMPTION, INVESTMENT
CONSUMPTION, RESALE
RESALE, INVESTMENT
RESALE, FURTHER PRODUCTION
DEPRECIATION MEANS
DESTRUCTION OF PLANT IN A FIRE ACCIDENT
LOSS OF FIXED ASSETS OVER TIME DUE TO WEAR AND TEAR
LOSS OF FIXED ASSETS IN AN EARTHQUAKE
CLOSURE OF THE PLANT DUE TO LOCKOUT
UNFORESEEN OBSOLESCENCE OF FIXED CAPITAL ASSETS DURING PRODUCTION IS:-
CONSUMPTION OF FIXED CAPITAL
CAPITAL LOSS
INCOME LOSS
NONE OF THESE
WHICH OF THE FOLLOWING IS AN EXAMPLE OF NON DURABLE GOODS
MILK
BREAD
BOTH A AND B
CLOTHES
JAPANESE EMBASSY IN INDIA IS A PART OF DOMESTIC TERRITORY OF:-
INDIA
JAPAN
BOTH A NAD B
INTERNATIONAL AREA
FOREIGN EMBASSY IN INDIA ARE A PART OF INDIA'S
ECONOMIC TERRITORY
GEOGRAPHICAL TERRITORY
BOTH A AND B
NONE OF THE ABOVE
OUT OF THE FOLLOWING, WHICH AGGREGATE REPRESENTS NATIONAL INCOME
NNP AT MP
GNP AT FC
NNP AT FC
GNP AT MP
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