Money and Banking — Economics STD 12 Humanities & Commerce — Question

PPC will be a straight line when MOC will be:

1. Falling.
2. Rising.
3. Constant.
4. Zero.

In case of a straight line demand curve meeting the two axes, the price-elasticity of demand at the midpoint of the line would be:

1. 0
2. 1
3. 1.5
4. 2

The various combinations of goods that can be produced in any economy when it uses its available resources 5 and technology efficiently are depicted by.

1. Demand curve.
2. Production curve.
3. Supply curve.
4. Production possibilities curve.

Which out of the following items is not included in money supply of a country?

1. Time deposits.
2. Coins and Currency.
3. Demand deposits.
4. None.

The central bank can increase availability of credit by :

1. Raising repo rate.
2. Raising reverse repo rate.
3. Buying government securities.
4. Selling government securities.

In which analysis  can utility be measured in definite numbers such as 1,2,3,4 etc?

1. Cardinal utility analysis.
2. Ordinal utility analysis.
3. Both of these.
4. None of these.

In Which year was the Reserve Bank of India established ?

Which of the following is an assumption of Production Possibility Frontier?

1. Resources are not fully employed.
2. Resources are not equally efficient for production of the two goods.
3. Resources are not efficiently employed.
4. Resources available are not fixed.

If APS is 0.9, how much will be the APC?

1. 0.2
2. 0.5
3. 1
4. 0.1

Average revenue and price are always equal under:

1. Perfect Competition only.
2. Monopolistic Competition only.
3. Monopoly only.
4. All market forms.