Economics Previous Year Question Papers

1. Total utility curve is (A) convex to X-axis. (B) concave to X-axis. (C) concave or convex depending on situations. (D) concave to Y-axis. 2. In a cartel form of market (i) producers always stick to the agreement. (ii) producers may have a tendency to break away from the agreement. (iii) producers’ tendency to break

Objective Economics Questions

1. Suppose in the short run MC = b. Then (a) AC = MC (b) AC > MC (c) AC approaches MC as quantity rises MC = AVC (A) only b is true (B) only b and c are true (C) d, b and c are true (D) only d is true 2. In the

Economics MCQ

1. In Keynesian consumption function, the property shows (A) MPC = APC (B) MPC < APC (C) MPC > APC (D) APC is Zero 2. To achieve a rise of income of 500, given MPC= 0.8, how much should be the rise in government expenditure in a simple Keynesian model? (A) 200 (B) 300 (C)

Economics Mock Test Papers

1. Under Monopolistic competition the cross elasticity of demand for the product of a single firm would be: A. infinite B. Highly elastic C. Highly inelastic D. Zero 2. in a free-market economy the allocation of resources ls determined by: A. Votes taken by consumers B. A central planning authority C. By consumer preferences D.

Economics Sample Question Paper

1. The concept of quasi-rent refers to (A) the rent of land (B) the return to a factor, supply of which is fixed in the short-run (C) half of the total rent on land (D) the return to agriculture during the short-run 2. Infant mortality rate (IMR) refers to (A) the death rate of children

Economics Model Question Paper

1. The wealth-based definition of Economics was put forward by (A) Lionel Robbins (B) Alfred Marshall (C) Adam Smith (D) David Ricardo 2. Total utility becomes maximum, when (A) marginal utility is zero (B) marginal utility is negative (C) marginal utility equals one (D) marginal utility is more than one 3. The decrease in the

High Court of Gujarat Deputy Section Officer Previous Question

High Court of Gujarat is inviting application for the post of Deputy Section Officer. Interested and eligible candidates may apply within 06-August-2021. Before apply you must visit High Court of Gujarat Official Website to know details advertisement. High Court of Gujarat Deputy Section Officer Previous Papers are available below. Hence the candidates who applied for