Top 1000+ Solved Fundamentals of Economics and Management MCQ Questions Answer

a. 2004

b. 2001

c. 1999

d. 2003

a. Under employment

b. Seasonal nature of work

c. Strike and lock-out

d. Structural changes in the economy

a. Urban areas

b. Rural areas

c. Small scale sector

d. Highly qualified work force

a. Adam Smith

b. Professor A Samulson

c. Alfred Marshall

d. J R Hicks

a. Consumer behavior

b. National income

c. Economic growth

d. Balance of payment and trade

a. Limited resources

b. Non – esxistence of resources

c. Both

d. None

a. Unsatisfiable

b. Unlimited

c. Undefined

d. Limited

a. Of non-uniformity of opinion and approach of economist

b. Economic behaviour of human being is unpredictable

c. Measuring rod of money is unstable

d. All the three

a. What to produce

b. How to produce

c. For whom to produce

d. Where to produce

a. Marginal utility concept

b. Scarcity

c. Relative cost of production

d. All the three

a. A father teaching his son at home instead of sending to any coaching centre

b. A hair dresser doing hair cut designing on payment

c. A housewife mending her family cloths on her own

d. A singer giving a show on his son’s wedding anniversary

a. Latin, small

b. Greek, small

c. English, tiny

d. Roman, small

a. Impact of crude price hike on inflation

b. Impact of change in bank rate on bank saving and investment

c. Impact of Information technology on economic growth

d. Impact of shortage of wheat production on wheat prices

a. Based on some realistic assumptions

b. Based on hypothetical assumptions

c. Scientifically tested

d. Based on necessity

a. Adam Smith

b. Samulson

c. Robertson

d. JB Say