Free tnpsc model questions Online Test - MeritNotes

No. of Questions :10
Remaining Time :
1. The consumer will buy _____ at lower prices.
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

2. The socialist economy is also known as _____ economy.
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

3. There are _____ important methods for calculating price elasticity of demand
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

4. The demand for labour is _____
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

5. To explain rent, _____ economists make use of the term transfer earning.
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

6. According to Lionel Robbins economics is a _____ science.
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

7. The pricing of factors of production is called
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

8. In economics, wants are classified into _____ categories.
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

9. Psychology is the science of _____
 
  • (a) 
  • (b) 
  • (c) 
  • (d) 

10. According to _____, wages are paid out of the residue that is left over after making payment of rent, interest and profits.
 
  • (a) 
  • (b) 
  • (c) 
  • (d)