MCQ Economics Class 12 Chapter 1 Introduction Macroeconomics Advertisement MacroeconomicsMCQ’s For All Chapters – Macroeconomics Class 12th 1. Which of the following is studied under Micro Economics ?Individual unitEconomic AggregateNational IncomeNone of theseQuestion 1 of 152. Macro-static equilibrium implies:A complete absence of changeA change at an unchanged rateA change in only absolute valuesNone of theseQuestion 2 of 153. What is the name of the book written by J.M. Keynes?The Wealth of NationThe General Theory of Employment, Interest, and MoneyPolitical EconomyNone of theseQuestion 3 of 154. Which of the following is studied under Macro Economics ?National IncomeFull. EmploymentTotal ProductionAll of theseQuestion 4 of 155. What is known as the study of individual units?MacroeconomicsMicroeconomicsIncome and Employment TheoryDevelopment economicsQuestion 5 of 156. Which of the following is not an economic activity and hence not included while estimating national income in india?medical services rendered by a dispensarya housewife doing household worka lawyer doing his practicea maid working full time with a familyQuestion 6 of 157. When was the famous book of Prof. Keynes published?1930193119361940Question 7 of 158. Under which type of activity would you categorise the sale of shares of another firm whilst preparing the cash flow statement?Financing activityInvesting and financingOperating activityInvesting activityQuestion 8 of 159. Who used the word ‘micro’ for the first time:MarshallBouldingKeynesRagnar FrischQuestion 9 of 1510. Which of the following is the salient feature of factors (or resources) ?These are limited as compared to wantsThese have alternative usesBoth a) and b)None of the aboveQuestion 10 of 1511. Which of the following is NOT a flow variable?IncomeWealthSavingInvestmentQuestion 11 of 1512. When did the great depression occur?1929-301934-35 1938-391941-42Question 12 of 1513. What is a good in economicsIt is a service.It can be a service.It is something that appears appealing.It is something that satisfies wants and needs.Question 13 of 1514. Cotton yarns purchased by handloom worker isAn intermediate goodA consumer goodA capital good None of theseQuestion 14 of 1515. Defects in SNA includeNeglects depletion of natural capitalNeglects environmental pollutionExpenditure to defend the effects of pollutionAll of the aboveQuestion 15 of 15 Loading...
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