Q21) Kinked demand hypothesis is designed to explain the under oligopolistic market:
Anonymous Quiz
10%
(a) Collusion between firms
30%
(b) Price and output determination
50%
(c) Rigidity of price
9%
(d) Price leadership
Q22) In oligopoly, when the industry · is dominated by one large firm which is considered as leader of the group, Then it is called:
Anonymous Quiz
31%
(a) Full oligopoly
18%
(b) Collusive oligopoly
29%
(c) Partial oligopoly
22%
(d) Syndicated oligopoly
Q23) Which one of the following is not a subject matter of Micro-Economics?
Anonymous Quiz
8%
(a) Behaviour of Firms
75%
(b) External Value of Currency
5%
(c) Factor Pricing
11%
(d) Location of Industry
Q13 Inter Quartile Range is _____ of Quartile Deviation.
Anonymous Quiz
56%
(a) Half
33%
(b) Double
7%
(c) Triple
4%
(d) Equal
Q14 The sum of squares of deviation from mean of 10 observations is 250. Mean of the data is 10. Find the co-efficient of variation.
Anonymous Quiz
13%
(a) 10%
51%
(b) 25%
29%
(c) 50%
6%
(d) 0%
Q15 The equation of a line is 5X + 2Y = 17. Mean deviation of Y about mean is 5. Calculate mean deviation of X about mean.
Anonymous Quiz
25%
(a) -2
57%
(b) 2
11%
(c) -4
7%
(d) None
Q24) Which of the following is not the subject matter of Business Economics?
Anonymous Quiz
25%
(a) Should our firm be in this business?
6%
(b) How much should be produced and at price should be kept?
11%
(c) How will the product be placed in the market?
58%
(d) How should we decrease unemployment in the economy?
Q25) Laissez-Faire economy is also known as:
Anonymous Quiz
69%
(a) Capitalist economy
12%
(b) Socialist economy
10%
(c) Mixed economy
8%
(d) Communist economy
Q26) Which of the following statements is not correct?
Anonymous Quiz
16%
(a) Scarcity of resources is the key problem of all economies·
18%
(b) Economic inequalities lead to wide difference in economic opportunities to people
14%
(c) Economic instability is very common under capitalism
52%
(d) Freedom of enterprise is one of the main characteristic of command economy
Which of the following statement is correct?
Anonymous Quiz
36%
(a) Mixed economy is not always a 'golden path' between capitalism and socialism.
8%
(b) Socialistic economy is not always a' golden path' between mixed and capitalism.
4%
(c) Capitalistic economy is not always a 'golden path' between mixed and socialism.
53%
(d) Mixed economy is always a 'golden path' between capitalism and socialism.
Dual system of pricing exist in:
Anonymous Quiz
26%
(a) Free market economy
11%
(b) Socialistic economy
62%
(c) Mixed economy
1%
(d) None of the above
Important Economists & their Contributions.pdf
11.8 MB
Dear CA Foundation Students,
We are excited to share a comprehensive list of important economists and their contributions tailored specifically for your CA Foundation exams. This document is meticulously prepared, keeping in mind the pattern of past exams, where 1-2 questions are consistently asked on this topic.
Key Features:
Chapter-wise Division: The list is organized chapter-wise to help you locate relevant information quickly.
Exam Relevance: Focused on economists and theories that are commonly asked in the CA Foundation syllabus.
Last-Day Revision Friendly: Perfect for a quick and effective revision before the exams.
Make the most of this resource and ensure you’re well-prepared for these frequently tested questions.
Download the PDF and start your revision now!
Wishing you all the best for your exams!
Regards,
Sanchit Grover
We are excited to share a comprehensive list of important economists and their contributions tailored specifically for your CA Foundation exams. This document is meticulously prepared, keeping in mind the pattern of past exams, where 1-2 questions are consistently asked on this topic.
Key Features:
Chapter-wise Division: The list is organized chapter-wise to help you locate relevant information quickly.
Exam Relevance: Focused on economists and theories that are commonly asked in the CA Foundation syllabus.
Last-Day Revision Friendly: Perfect for a quick and effective revision before the exams.
Make the most of this resource and ensure you’re well-prepared for these frequently tested questions.
Download the PDF and start your revision now!
Wishing you all the best for your exams!
Regards,
Sanchit Grover
Q2) A point below the budget line of a consumer
Anonymous Quiz
6%
(a) Represents a combination of goods which costs the whole of consumer’s income.
78%
(b) Represents a combination of goods which costs less than the consumer's income.
9%
(c) Represents a combination of goods which is unattainable to the consumer given his money income.
6%
(d) Represents a combination of goods which costs more than the consumer’s income.
Q3) In the book market, the supply of books will decrease if any of the following occurs except
Anonymous Quiz
14%
(a) A decrease in the number of book publishers.
47%
(b) A decrease in the price of the book.
21%
(c) An increase in the future expected price of the book.
18%
(d) An increase in the price of paper used.
Q1. The difference in SI and CI on a certain sum of money in 2 years at 15% p.a. is Rs. 144. The sum is –
Anonymous Quiz
9%
a) 6,000
26%
b) 6,200
8%
c) 6,300
57%
d) 6,400
If the sum of money when compounded annually becomes Rs. 1,140 in 2 years and Rs. 1,710 in 3 years, the rate of interest is –
Anonymous Quiz
16%
a) 30%
20%
b) 40%
58%
c) 50%
5%
d) 60%
Q29) In an economy, the actual level of income is Rs. 500 Cr., whereas, the full employment level of income is Rs. 800 Cr. If 1/4th of additional income is saved, what should be increase in investment required to achieve full employment level of income.
Anonymous Quiz
11%
(a) 0.25
23%
(b) Rs. 300 crores
63%
(c) Rs. 75 crores
4%
(d) None of these