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Bachelor of Arts in Economics (BA Economics)

An Indifference Curve to the right of another represents combinations which are:

» Micro Economics 1 solved MCQs /
Question:

An Indifference Curve to the right of another represents combinations which are:

A.

Indifferent

B.

Preferable

C.

Inferior

D.

Superior

Answer» b. Preferable

Note: The above multiple-choice question is for all general and Competitive Exams in India. 

An Indifference Curve to the right of another represents combinations which are: Read More »

» Micro Economics 1 solved MCQs

When an insurer transfers a part of risks on particular policy by insuring it with someothers. Then it is called—————

» Modern Banking and Insurance solved MCQs /
Question:

When an insurer transfers a part of risks on particular policy by insuring it with someothers. Then it is called—————

A.

insurance

B.

association

C.

re –insurance

D.

mutual companies.

Answer» c. re –insurance

Note: The above multiple-choice question is for all general and Competitive Exams in India. 

When an insurer transfers a part of risks on particular policy by insuring it with someothers. Then it is called————— Read More »

» Modern Banking and Insurance solved MCQs

When the demand for a good is given by Q=50-P, the maximum amount that would bedemanded at nil price

» Mathematics for Economic Analysis 1 solved MCQs /
Question:

When the demand for a good is given by Q=50-P, the maximum amount that would bedemanded at nil price

A.

1

B.

0

C.

40

D.

50

Answer» d. 50

Note: The above multiple-choice question is for all general and Competitive Exams in India. 

When the demand for a good is given by Q=50-P, the maximum amount that would bedemanded at nil price Read More »

» Mathematics for Economic Analysis 1 solved MCQs

When saving is greater than investment in a two-sector model,

» Micro Economics 1 solved MCQs /
Question:

When saving is greater than investment in a two-sector model,

A.

Output should increase

B.

Output should decrease

C.

Output should not change

D.

None of these

Answer» b. Output should decrease

Note: The above multiple-choice question is for all general and Competitive Exams in India. 

When saving is greater than investment in a two-sector model, Read More »

» Micro Economics 1 solved MCQs

if all factors of production are increased in a given proportion, outputalso increased in a same proportion:

» Mathematical Economics and Econometrics solved MCQs /
Question:

if all factors of production are increased in a given proportion, outputalso increased in a same proportion:

A.

second degree

B.

first degree

C.

third degree

D.

none

Answer» b. first degree

Note: The above multiple-choice question is for all general and Competitive Exams in India. 

if all factors of production are increased in a given proportion, outputalso increased in a same proportion: Read More »

» Mathematical Economics and Econometrics solved MCQs

In the linear equation ‘ax+by = c’ the a and b cannot be equal

» Mathematical Tools for Economics 1 solved MCQs /
Question:

In the linear equation ‘ax+by = c’ the a and b cannot be equal

A.

to rational numbers

B.

to one

C.

to zero

D.

set of even numbers

Answer» c. to zero

Note: The above multiple-choice question is for all general and Competitive Exams in India. 

In the linear equation ‘ax+by = c’ the a and b cannot be equal Read More »

» Mathematical Tools for Economics 1 solved MCQs