Business Economics MCQ Multiple Choice Questions Answers - Page 2 for Practice

31. The amount of non responses is maximum in

32. The 3rd Five Year Plan duration covered the period

33. stub Of a table is

34. Statistics is applied in

35. Some believe that statistics originated from a German word ........

36. Slope of AR curve in the context of monopolistic competition is

37. Relative frequency for a Particular class

38. Price discrimination implies that the monopolist maximizes profits

39. Pie diagram is based on a

40. Nearly ............percent of working population is engaged in the service sector

41. median of a distribution can be obtained from

42. Market structure where goods have close substitutes is best described as

43. Literacy rate calculated considering total population into account is known as

44. Law of Variable proportions passes from

45. Internal economies of scale are noticed at

46. In tabulation source of data if any is shown in the

47. In perfect competition in the short run there will be ..................possibilities

48. In order to encourage investment in the economy, the RBI may

49. In Histogram, the classes are taken

50. If sellers AR & AC functions are given as 115Q + 290 & 95Q + 305 respectively, with Output of 19 units, seller is making

51. If Repo Rate is 2 %, as per RBI policy, Reverse repo rate must be

52. IC analysis was given by

53. How many laws are there in Statistics ?

54. Graphically Mode Can be found using

55. For tabulation Caption is

56. FERA stands for

57. Economies of scale means increasing production with .........per unit

58. Direction of TP, AP & MP in 3rd stage of Law of variable proportions shall be

59. Diagrammatic presentation is done by

60. Data collected on religion from the census reports are


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Multiple Choice Questions and Answers on Business Economics

Business Economics Multiple Choice Questions and Answers

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