10 August
August 10, 2020 Notes in English Attend in Malayalam Objective Type Exam
Chapter 7

Practice Exam

Question

1) The 'Great Depression' started in the year

Answers

1829

1929

1776

1936

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Question

2) 'The General Theory of Employment, Interest and Money' is the book written by

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J.M Keynes

J.S Mill

J.B Say

Ragnar Frisch

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Question

3) Terms Micro Economics and Macro Economics were coined by

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Adam Smith

Alfred Marshal

Ragnar Frisch

J.M Keynes

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Question

4) The book 'The General Theory of Employment, Interest and Money' was published in the year

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1836

1936

1929

1930

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Question

5) Household Sector, Firm, Government Sector, and

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Investment Sector

External Sector

Macro Economics

Production sector

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Question

6) Who is the father of modern macro economics ?

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Adam Smith

J.M Keynes

Alfred Marshal

J.B Say

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Question

7) Macro Economics is also known by the name

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Price Theory

Theory of Income and Employment

Theory of cost

Demand Theory

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Question

8) The term 'invisible hand' was the contribution of

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Alfred Marshal

Adam Smith

J.M Keynes

P.A Samuelson

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Question

9) An economy which has economic relations with other countries of the world is called

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Macro Economics

Micro Economics

Open Economy

Closed Economy

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Question

10) ' Supply creates its own demand ' is related with

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J.S Mill

J.R Hicks

J.M Keynes

J.B Say

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This practice test is prepared by UAH