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Bachelor of Arts in Economics (BA Economics)

NEFT is ———————- payment system facilitating one to one fund transfer.

» Modern Banking and Insurance solved MCQs /
Question:

NEFT is ———————- payment system facilitating one to one fund transfer.

A.

nationwide

B.

state wide

C.

region wise

D.

district wise.

Answer» a. nationwide

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

NEFT is ———————- payment system facilitating one to one fund transfer. Read More »

» Modern Banking and Insurance solved MCQs

A variable which is free to take any value we choose to assign to it is called

» Mathematics for Economic Analysis 1 solved MCQs /
Question:

A variable which is free to take any value we choose to assign to it is called

A.

dependent variable

B.

independent variable

C.

endogenous variable

D.

explained variable

Answer» b. independent variable

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

A variable which is free to take any value we choose to assign to it is called Read More »

» Mathematics for Economic Analysis 1 solved MCQs

Marginal costs and average variable costs are equal when

» Micro Economics 1 solved MCQs /
Question:

Marginal costs and average variable costs are equal when

A.

Average variable cost is a maximum

B.

Average variable cost is rising

C.

Average variable cost is falling

D.

Average variable cost is a minimum

Answer» d. Average variable cost is a minimum

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

Marginal costs and average variable costs are equal when Read More »

» Micro Economics 1 solved MCQs

If a firm’s average cost is Rs.32 at 6 units of output and Rs.34 at 7 unit, whichone among the following is the marginal cost of producing the 7th unit

» Micro Economics 1 solved MCQs /
Question:

If a firm’s average cost is Rs.32 at 6 units of output and Rs.34 at 7 unit, whichone among the following is the marginal cost of producing the 7th unit

A.

46

B.

2

C.

36

D.

42

Answer» a. 46

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

If a firm’s average cost is Rs.32 at 6 units of output and Rs.34 at 7 unit, whichone among the following is the marginal cost of producing the 7th unit Read More »

» Micro Economics 1 solved MCQs