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MCQ Questions for CBSE Class 12 with Answers
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Quiz
CBSE
/
Class 11
/
Economics
/
Introduction to Micro Economics
1.
Who said, “Economics is a science of wealth. ”
Marshall
Robbins
Adam Smith
J. K. Mehta
2.
“Economics is a science of logic. ’’ Who said it ?
Hicks
Keynes
Robbins
Marshall
3.
Micro Economics includes:
Individual unit
Small units
Individual price determination
All of these
4.
Who was the father of Economics ?
I. B. Say
Malthus
Adam Smith
Joan Robinson
5.
Who gave the definition of Economics related to welfare ?
Adam Smith
Marshall
Robbins
Samuelson
6.
The word ‘micro’ was firstly used by:
Marshall
Boulding
Keynes
Ragnar Frish
7.
According to whom, Economics is a science of human welfare ?
A Marshall
Paul Samuelson
J. S. Mill
Adam Smith
8.
Which of the following is not a factor of production ?
Land
Labour
Money
Capital
9.
The central problem of an economy is:
What to produce ?
How to produce ?
How to distribute produced goods ?
All of these
10.
Consumer behaviour is studied in:
Micro Economics
Income Theory
Mac o Economics
None of these
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