Free gk questions Online Test - MeritNotes

No. of Questions :10
Remaining Time :
1. Increase in demand is partially met by the increase in supply in _____ period
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

2. _____ method of controlling monopoly is best to check the concentration of economic power in few hands.
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

3. _____ utility is created due to transfer of ownership from one person to another person.
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

4. The supply is _____ in the market period.
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

5. A firm under monopoly faces ___ demand curve.
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

6. _____ method of monopoly can be applied in case of natural monopolies.
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

7. There are _____ kinds of internal economics.
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

8. The monopolist can control
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

9. Indifference curve approach is based on _____ ranking
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

10. Under perfect competition, the demand curve is
 
  • (a) 
  • (b) 
  • (c) 
  • (d)