11th class Principles of Economics chapter 10 online mcq test with answers for I.Com part 1 Principles of Economics chapter 10(Money)

Principles of Economics Icom Part 1 English Medium Chapter 10 Online Test

Sr. #	Questions	Answers Choice
1	Marginal revenue product is the amount of money attained by selling:	Average product Marginal product Total product Total cost
2	Other tern used for demand for factor is:	Initial demand derived demand Direct demand Cross demand
3	If we multiply margina product with price we get:	MFC MRP TVC Both a and b
4	Production of an additional unit of factor refers to:	AP TP MP MR
5	MRP curve of a factor represents:	Demand of factors Supply of factors Price of factors Both a and c
6	MRP curve is slopping:	Negative Positive Downward Both a and c
7	Marginal productivity theory was presented by:	Pigou and Cannon Adam Smith and F.A. Walker Keynes and Semeulson Marshall and J.B. Clark
8	Inflation will be useful for	Labourers Consumers Penioners Industrialist
9	During inflation prices are	Zero Low Increase Constant
10	Net National product is equal to	GNP + Depreciation expenditure GDP + Depreciation expenditure GNP - Depreciation expenditure GDP - Depreciation expenditure
11	Which is considered as a transfer payment	wages salaries prices unemployment allowances
12	The purchasing power of money is called	value of money Medium of exhange quantity of money credit money
13	Note of 500 rupees is	token money credit money convertible paper money inconvertible paper money
14	If face value is equal to the metal value of a coin, it is called as	Paper money Token money Credit money Standard money
15	The money whose face value and intrinsic value are different	Token money Standard money Legal money Near money

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