Utility Analysis — Economics STD 12 Commerce / Arts — Question

Variation in Demand.
(a) Change in Price
(b) Change in quantity demanded
(c) Change in other factors
(d) No change in other factors

Money Market is a market for lending and borrowing of ………….. funds.

The branch of economics that deals with the allocation of resources.
a) Microeconomics
b) Macroeconomics
c) Econometrics
d) None of these

At present National Income estimation is done by …………………
(a) Central Statistical Organization
(b) Finance Department
(c) National Income Committee
(d) Reserve Bank of India

Increase in supply is shown by

Mixed Income (MI) refers to the income of ………………….
(a) Private and public sector
(b) Self-employed persons
(c) Sale of second hand goods
(d) All of these

Three sector economy consists of ……………..
(a) households, business firms and industries
(b) households, business firms and government sector
(c) households, government and foreign sector
(d) all of these

Want satisfying power of a commodity is called –
(a) usefulness
(b) satisfaction
(c) happiness
(d) utility

International or External trade takes place between –
(a) two or more districts
(b) two or more states
(c) two or more countries
(d) none of these

Choose the right group of pairs :

Group ‘A’	Group ‘B’
1. Fines and Penalties	(a) Use of domestic currency
2. Tax	(b) Violation of the law
3. internal debt	(c) French word
4. Bougette	(d) Major source of government revenue