B.A. Economics 1st Semester Attitude Test September 2018
1. Attempt all questions, each question carries 1 mark.
2. Maximum time allowed is 30 minutes.
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1. The process by which resources are transformed into useful form is
1 point
2. Which of the following is not a resource as the term is used by economists?
1 point
3. Chairperson of NITI Aayog is
1 point
4. Who is known as the father of Economics?
1 point
5. Studying decision made by individual household and businesses is called
1 point
6. An Economy that did not use money would be called
1 point
7. Equilibrium is a condition that exist when
1 point
8. What does GNP stands for
1 point
9. Name the current Finance minister of India
1 point
10. Chose the correct feature of a monopoly market from below
1 point
11. The stock of knowledge, skills and talents that people possess is called
1 point
12. Indian economy is a
1 point
13. Price elasticity of demand is the
1 point
14. Name the current RBI Governor
1 point
15. If the quantity of a product demanded exceeds the quantity supplied, it's price is expected to
1 point
16. Who suggested the scarcity definition of Economics
1 point
17. The price of one country's currency in term of another country's currency is the
1 point
18. Indian Nobel Laureate in Economics
1 point
19. Which of the following state is the most populous in India
1 point
20. What does IMF stands for
1 point
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