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Fundamental Concepts and Terminologies Economics - Fundamental Concepts and Terminologies

Gujarat Board (GSEB) - STD 11 Commerce - Economics (GSEB - English Medium). 150 questions in this chapter.

Question types

Fundamental Concepts and Terminologies question types

150 questions across 5 question groups — pick any mix to generate a Economics paper with step-by-step answer keys.

150
Questions
5
Question groups
5
Question types
Sample Questions

Fundamental Concepts and Terminologies questions

One sample from each question group in this chapter. Select any group above to see the full set with answer keys.

Q 3MCQ (1 Marks )1 Mark
Which of the following is not a characteristic of wealth?
  • A
    Possesses usefulness
  • ✓
    Should be available in abundance
  • C
    Has an explicit existence
  • D
    Is capable of being exchanged

Answer: B.

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Q 255 Marks Each5 Marks
Give the meaning of goods and Service and classify various goods in to economic and non-economic goods and private and public goods.
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