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:: Economics-7
11. The technique of presenting data by pictogram was developed by? 
(A) Croxton and Cowden
(B) Johnson and Jackson
(C) Otto Neurth
(d) Horace Secrist

12 The monetization of economy is measured by?
(A) M0/GDP
(B) M1/GDP
(C) M2/GDP
(D) M3/GDP

13. The shape of average selling cost curve is? 
(A) Hyperbola shaped
(b) Rectangular Hyperbola shaped
(c) L-shaped 
(D) U-shaped

14. The National Institute of Training for Standardization 
(NITS) is located at? 
(A)Hyderabad
(b) Nagpur
(c) chandigarh 
(D) Noida

15. NABARD is a? 
(A) Commercial Bank 
(B) Lead Bank
(C) Refinance Bank
(d) Cooperative Bank

16. Cost-plus principle is related with?
(A)Production theory
(b) Value theory
(c) Marginal uti theory
(d) Distribution theory

17. Which one of the following is not a feature of Stagflation?
(A) High input cost
(b) Excess in aggregate demand
(c) High price level
(D) High unemployment level

18. The Hayek theory of trade cycle is related with?
(A) Over-investment
(b) Price fluctuation
(c) Interaction of multiplier and accelerator 
(D) Interaction of saving and investment
19. Which one of the following is a two-dimensional diagram?
 (A) Pictogram
(B) Histogram 
(C) Bar diagram
(d) Line diagram
20. A firm's learning curve shows the following relationship between 
  average cost of production and total output over time
(A) Decline in average cost with increase in total output
(b) Decline in average cost with decline in total output
(c) Increase in average cost with decline in total output
(d) Increase in average cost with increase in total output

Answers

11 C
12   B
13 D
14 B
15 C
16 D
17 B
18 A
19 B
20 A



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