Toggle navigation
Terms & Conditions
Contact
Home
GK
Computer
TRB
TNPSC
Aptitude
English
Reasoning
Technical
Bank Exams
SSC
Engineering
Puzzles
Interview
GD Topics
Blogs
Online Test
Free tnpsc model questions Online Test - MeritNotes
Home
Online Exam
No. of Questions :10
Remaining Time :
1. The initial supply price of land is _____
(a)
Greater than one
(b)
Less than one
(c)
Equal to one
(d)
Zero
2. Economic is the science of making choice under conditions of _____
(a)
Materials
(b)
Growth
(c)
Wants
(d)
Scarcity
3. _____ is the science of state.
(a)
Statistics
(b)
Sociology
(c)
Politics
(d)
History
4. Necessaries, comforts and luxuries are _____
(a)
Classification of utility
(b)
Classification of wants
(c)
Classification of goods and services
(d)
None of the above
5. _____ money is held to meet an unforeseen expenditure.
(a)
Supply
(b)
Speculative
(c)
Precautionary
(d)
Transaction
6. _____ is the author of dynamic theory of profits.
(a)
Hawley
(b)
Taussig
(c)
Clark
(d)
Schumpeter
7. All decisions regarding production and distribution are taken by the _____ in socialist economy.
(a)
Market forces
(b)
Planning authority
(c)
Society
(d)
Private
8. The _____ or _____ in demand are movements on or along the given demand curve.
(a)
Extension or contraction
(b)
High or low
(c)
Rise or fall
(d)
Increase or decrease
9. The author of wealth definition is
(a)
Adam Smith
(b)
Samuelson
(c)
Lionel Robbins
(d)
Alfred Marshall
10. According to _____, the level of wages in an industry depends on the bargaining strength of the trade union concerned.
(a)
The bargaining theory of wages
(b)
Residual claimant theory of wages
(c)
Recent theories of wages
(d)
The market theory of wages
