Free gk questions Online Test - MeritNotes

No. of Questions :10
Remaining Time :
1. A firm can achieve equilibrium when its
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

2. When total utility increases, marginal utility _____
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

3. _____ is the feature of monopoly and perfect competition are partially present.
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

4. The commodities are produced in perfectly competitive market in
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

5. Absence of government is one of the feature of
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

6. When marginal product is positive, the total product _____
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

7. Perfect competition is a market situation when we have
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

8. Indifference curve assumes, the consumer has a _____ amount of money to spend on the two goods.
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

9. In economics, we make use of _____
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

10. Reward paid to capital is _____
 
  • (a) 
  • (b) 
  • (c) 
  • (d)