Free gk questions Online Test - MeritNotes

No. of Questions :10
Remaining Time :
1. _____ wages depend mainly on the purchasing power of money.
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

2. When demand and supply conditions are influenced at the international level, such market is called
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

3. Choice are made due to _____
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

4. _____ is the major determinant of supply.
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

5. The degree of response of demand to change in price is _____
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

6. The supply curve in the long run is
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

7. ____ market assumes absence of transport cost.
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

8. In ____ period, supply fully meets the new demand conditions.
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

9. When marginal utility falls to zero then the total utility is _____
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

10. Government will have sole right of producing and selling some goods, they are called ___ monopoly.
 
  • (a) 
  • (b) 
  • (c) 
  • (d)