Introductory Macroeconomics MCQs Mock Test of Class 12th Economics

Welcome to your Introductory Macroeconomics MCQs Mock Test of Class 12th Economics

1. 
Q1. Domestic factor income is another name for:

2. 
Q2. The basic factors of production are land, labour, capital, and _.

3. 
Q3. What is the name of the book written by J.M. Keynes?

4. 
Q4. Which of the following is NOT considered a factor income?

5. 
Q5. Which of the following is studied under Macro Economics ?

6. 
Q6. When did the great depression occur?

7. 
Q7. When was the famous book of Prof. Keynes published?

8. 
Q8. The formula for calculating simple multiplier is

9. 
Q9. Which among the following does not have the application of multiplier

10. 
Q10. Who is known as the father of modern macroeconomics?

11. 
Q11. Who is known as the father of modern macroeconomics?

12. 
Q12. The formula for calculating investment multiplier is

13. 
Q13. Economy may be classified as:

14. 
Q14. Mr. Skund Kumar wants to study the national income. Which branch of economics will he have to study?

15. 
Q15. What is known as the study of individual units?

16. 
Q16. In Keynes consumption theory the chief factor that determines consumption expenditure is

17. 
Q17. The central problem of an economy is:

18. 
Q18. The study of aggregates is known as

19. 
Q19. What is the main cause of all economic problems?

20. 
Q20. In Economics, a good is something which

21. 
Q 21. A resource is a

22. 
Q 22. Vinod Limited sold patents costing Rs.20,000 in Rs.22,000. Treatment will be ---

23. 
Q 23. Cash paid against trade payable belongs to ------------

24. 
Q24. Interest received on investment will be ----------

25. 
Q25. Under which type of activity will you classify the sale of shares of another company while preparing a cash flow statement?

26. 
Q26. The basic factors of production are land, labour, capital and______

27. 
Q27. One of the characteristics of economic resources is scarcity. Which is the other?

28. 
Q28. Positive economics states

29. 
Q29. Normative economics states

30. 
Q30. What is known as the study of individual units?

31. 
Q31. What is the main cause of all economic problems?

32. 
Q32. Study of aggregates is known as _

33. 
Q33. What is the name of the book written by J.M. Keynes?

34. 
Q32. When was the famous book of Prof. Keynes published?

35. 
Q35. When did the great depression occur?

36. 
Q36. Who is known as the father of modern macroeconomics?

37. 
Q37. Mr. Skund Kumar wants to study the national income. Which branch of economics will he have to study?

38. 
Q38 When did the great depression occur?

39. 
Q39. Who is known as the father of modern macroeconomics?

40. 
Q40. Mr. Skund Kumar wants to study the national income. Which branch of economics will he have to study?

41. 
Q40. Mr. Skund Kumar wants to study the national income. Which branch of economics will he have to study?

42. 
Q42. What is the main cause of all economic problems?

43. 
Q43. Study of aggregates is known as _________

44. 
Q44. What is the name of the book written by J.M. Keynes?

45. 
Q45. When was the famous book of Prof. Keynes published?

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