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Bachelor of Arts in Economics (BA Economics)

Two matrices A and B are multiplied to get BA if

» Mathematical Tools for Economics 1 solved MCQs /
Question:

Two matrices A and B are multiplied to get BA if

A.

both are rectangular

B.

both have same order

C.

no of columns of a is equal to columns of b

D.

both are square matrices

Answer» d. both are square matrices

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

Two matrices A and B are multiplied to get BA if Read More »

» Mathematical Tools for Economics 1 solved MCQs

Which of the following is not true in respect of mean deviation

» Quantitative Methods for Economic Analysis 1 solved MCQs /
Question:

Which of the following is not true in respect of mean deviation

A.

it is simple to understand

B.

it considers each & every item in a series

C.

it is capable of further algebraic treatment

D.

the extreme items have less effect on its magnitude

Answer» c. it is capable of further algebraic treatment

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

Which of the following is not true in respect of mean deviation Read More »

» Quantitative Methods for Economic Analysis 1 solved MCQs

When investment is negatively related to the rate of interest, equilibrium output in the goods market:

» Micro Economics 1 solved MCQs /
Question:

When investment is negatively related to the rate of interest, equilibrium output in the goods market:

A.

Is unrelated to the rate of interest

B.

Is inversely related to the rate of interest

C.

Is positively related to the rate of interest

D.

Falls as the rate of interest decreases

Answer» b. Is inversely related to the rate of interest

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

When investment is negatively related to the rate of interest, equilibrium output in the goods market: Read More »

» Micro Economics 1 solved MCQs

The market equilibrium for a commodity is determined by:

» Micro Economics 1 solved MCQs /
Question:

The market equilibrium for a commodity is determined by:

A.

Market demand

B.

Market supply

C.

Balancing of the forces of demand and supply

D.

Any of the above

Answer» c. Balancing of the forces of demand and supply

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

The market equilibrium for a commodity is determined by: Read More »

» Micro Economics 1 solved MCQs

When price of a product falls, more of it is purchased because of

» Micro Economics 1 solved MCQs /
Question:

When price of a product falls, more of it is purchased because of

A.

the substitution effect

B.

the income effect

C.

neither substitution effect nor income effect

D.

both the substitution and income effects

Answer» d. both the substitution and income effects

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

When price of a product falls, more of it is purchased because of Read More »

» Micro Economics 1 solved MCQs

The dual pricing system of charging high price during peak time and low price during of peak time is called

» Micro economics 2 solved MCQs /
Question:

The dual pricing system of charging high price during peak time and low price during of peak time is called

A.

Double pricing

B.

Dual pricing

C.

kinked pricing

D.

peak load pricing

Answer» d. peak load pricing

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

The dual pricing system of charging high price during peak time and low price during of peak time is called Read More »

» Micro economics 2 solved MCQs