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10 Questions

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Economics Quiz for Class 1

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Questions and Answers

What is the format of the question paper for Economics (030) Class 12?

20 Multiple Choice Questions, 4 Short Answer Questions, 6 Short Answer Questions, 4 Long Answer Questions (correct)

25 Multiple Choice Questions, 3 Short Answer Questions, 5 Short Answer Questions, 2 Long Answer Questions

15 Multiple Choice Questions, 6 Short Answer Questions, 4 Short Answer Questions, 5 Long Answer Questions

10 Multiple Choice Questions, 5 Short Answer Questions, 7 Short Answer Questions, 6 Long Answer Questions

How many sections are there in the Economics question paper?

2 (correct)

What is the nature of the consumption curve according to the given statements?

Downward sloping curve

Upward sloping straight line curve (correct)

Irregular curve

Horizontal curve

How many Short Answer Questions of 4 marks each are there in the paper?

6 Signup and view all the answers

What is the total marks of the question paper?

80 Signup and view all the answers

What is the total number of Multiple Choice Questions in the Economics question paper?

20 Signup and view all the answers

How many Short Answer Questions of 6 marks each are there in the paper?

4 Signup and view all the answers

What is the nature of the consumption curve based on the given statements?

Upward sloping straight line curve Signup and view all the answers

What is the nature of the Aggregate Demand curve based on the given statements?

Parallel to Consumption curve Signup and view all the answers

What is the assumption about Marginal Propensity to Consume in the given statements?

Constant Signup and view all the answers

Study Notes

Format of Economics Question Paper (Class 12)

The Economics question paper consists of three sections.

Sections and Marks Distribution

Total marks of the question paper: 80
Section A: Multiple Choice Questions (MCQs) - 1 mark each, total 20 marks
Section B: Short Answer Questions (SAQs) - 4 marks each, total 24 marks
Section C: Short Answer Questions (SAQs) - 6 marks each, total 36 marks

Characteristics of Curves

Consumption curve: downward sloping
Aggregate Demand curve: downward sloping

Assumptions and Concepts

Assumption about Marginal Propensity to Consume (MPC): MPC is constant

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Description

Test your knowledge of Economics with this sample question paper for Class 1