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Bachelor of Arts in Economics (BA Economics)

A collection of well-defined distinct objects thought of as a whole is called

April 27, 2021 by admin
Question:

A collection of well-defined distinct objects thought of as a whole is called

A.

union

B.

derivative

C.

set

D.

integral

Answer» c. set

Note: The above multiple-choice question is for all general and Competitive Exams in India. 
Categories » Mathematics for Economic Analysis 1 solved MCQs Tags Bachelor of Arts in Economics (BA Economics)

Above the BP curve BoP is:

April 27, 2021 by admin
Question:

Above the BP curve BoP is:

A.

surplus

B.

Deficit

C.

Either Surplus or Deficit

D.

None.

Answer» a. surplus

Note: The above multiple-choice question is for all general and Competitive Exams in India. 
Categories » Micro economics 2 solved MCQs Tags Bachelor of Arts in Economics (BA Economics)

Ordinal utility analysis is otherwise known as

April 27, 2021 by admin
Question:

Ordinal utility analysis is otherwise known as

A.

gossens second law

B.

cardinality approach

C.

indifference curve analysis

D.

rationality approach

Answer» c. indifference curve analysis

Note: The above multiple-choice question is for all general and Competitive Exams in India. 
Categories » Micro Economics 1 solved MCQs Tags Bachelor of Arts in Economics (BA Economics)

In the long-period,

April 27, 2021 by admin
Question:

In the long-period,

A.

All factors are fixed

B.

Some factors are fixed and others are variable

C.

All factors are variable

D.

None of the above

Answer» c. All factors are variable

Note: The above multiple-choice question is for all general and Competitive Exams in India. 
Categories » Micro economics 2 solved MCQs Tags Bachelor of Arts in Economics (BA Economics)

Utility is the concept which is:

April 27, 2021 by admin
Question:

Utility is the concept which is:

A.

Objective

B.

Subjective

C.

Both

D.

None

Answer» b. Subjective

Note: The above multiple-choice question is for all general and Competitive Exams in India. 
Categories » Micro Economics 1 solved MCQs Tags Bachelor of Arts in Economics (BA Economics)

General insurance business act was came in to force from the year

April 27, 2021 by admin
Question:

General insurance business act was came in to force from the year

A.

1973 `

B.

1970

C.

1972

D.

1980.

Answer» a. 1973 `

Note: The above multiple-choice question is for all general and Competitive Exams in India. 
Categories » Modern Banking and Insurance solved MCQs Tags Bachelor of Arts in Economics (BA Economics)

Who was Brundtland?

April 27, 2021 by admin
Question:

Who was Brundtland?

A.

Prime Minister of Norway

B.

President of UK

C.

President of USA

D.

None

Answer» a. Prime Minister of Norway

Note: The above multiple-choice question is for all general and Competitive Exams in India. 
Categories » The Political Economy of Development and Planing solved MCQs Tags Bachelor of Arts in Economics (BA Economics)

The factor earning of entrepreneur is:

April 27, 2021 by admin
Question:

The factor earning of entrepreneur is:

A.

Rent

B.

Wage

C.

Interest

D.

Profit

Answer» d. Profit

Note: The above multiple-choice question is for all general and Competitive Exams in India. 
Categories » Micro Economics 1 solved MCQs Tags Bachelor of Arts in Economics (BA Economics)

In case of a convex indifference curve

April 27, 2021 by admin
Question:

In case of a convex indifference curve

A.

mrs xy is constant

B.

mrs xy is increasing

C.

mrs xy is negligible

D.

mrs xy is diminishing

Answer» d. mrs xy is diminishing

Note: The above multiple-choice question is for all general and Competitive Exams in India. 
Categories » Micro Economics 1 solved MCQs Tags Bachelor of Arts in Economics (BA Economics)

A seller cannot influence the market price under

April 27, 2021 by admin
Question:

A seller cannot influence the market price under

A.

Perfect Competition

B.

Monopoly

C.

Monopolistic competition

D.

All of the above

Answer» a. Perfect Competition

Note: The above multiple-choice question is for all general and Competitive Exams in India. 
Categories » Micro economics 2 solved MCQs Tags Bachelor of Arts in Economics (BA Economics)
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