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S.Y.B.COM

BUSINESS ECONOMICS

Question SAMPLE MCQ 

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BUSINESS ECONOMICS

1)    Macroeconomics deals with ___________________________

a)    individual income

b)    individual output

c)    individual savings

d)    general price level

Answer 4

 

 

2)    ______________ studies the economy as a whole

a)    Micro economics

b)    Macroeconomics

c)    Advanced economics

d)    Both a and b

Answer 2

 

 

3)    Which is not the subject matter of macroeconomics _________________

a)    national income

b)    business cycle

c)    law of demand and supply

d)    general price level

Answer 3

 

 

4)    The term 'macro-economics 'was coined and

a)    Ragner

b)    Rygner

c)    Marshall

d)    J.M..Keynes

Answer 1

 

 

5)    In a circular flow economy firms supply ________________

a)    land

b)    labour

c)    capital

d)    goods and services

Answer 4

 

 

6)    A open economy is one in which there is

a)    only export

b)    only import

c)    neither import or export

d)    external sector

Answer 4

 

 

7)    A closed economy is one in which there is___________________________

a)    only export

b)    only import

c)    neither import or export

d)    partial export

Answer 3

 

 

8)    The term green GNP emphasizes __________________

a)    sustainable development

b)    land reforms

c)    agricultural reforms

d)    tax reforms

Answer1

 

 

9)    The flow of goods and services from firms to household and household to firm

a)    real flow

b)    money flow

c)    constant flow

d)    Irregular flow

Answer 1

 

 

10) National Product = National Divident =______________

a)    Profit

b)    Wages

c)    National Expenditure

d)    National Employment

Answer 3

 

 

11) _________________feature represent green GNP

a)    GNP-depreciation

b)    GNP-explicit costs

c)    GNP-environment cost

d)    GNP-indirect taxes

Answer 3

 

 

12) In India, National income is computed by____________

a)    Ministry of Finance

b)    Planning Commission

c)    ISI

d)    CSO

Answer 4



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13) Injection may be in the form of _______________

a)    Export

b)    tax

c)    saving

d)    imports

Answer 1

 

 

14) Leakages may be in the form of ______________

a)    export

b)    investment

c)    Taxes

d)    public expenditure

Answer 3

 

 

15) The phase that exists for the shortest period___________

a)    Recovery

b)    Recession

c)    Depression

d)    prosperity

Answer 2

 

 

16) Cyclical fluctuations are____________ in nature

a)    recurrent

b)    long term

c)    rare

d)    predictable

Answer 1

 

 

17) During the prosperity phase the bank credit normally_______________

a)    contract

b)    remain the same

c)    expand

d)    neither expand nor contract

Answer 3

 

 

18) Trough is the ______________________ point of a trade cycle

a)    average

b)    middle

c)    highest

d)    lowest

Answer 4

 

 

19) ______________ is a wave like movement

a)    poverty

b)    inequality

c)    unemployment

d)    trade cycle

Answer 4

 

 

20) When the economy reaches peak_____________ends

a)    depression

b)    recession

c)    prosperity

d)    recovery

Answer 3

 

 

21) Recovery phase refers to the ________________ turning point

a)    lower

b)    upper

c)    middle

d)    Both a and b

Answer 1

 

 

22) _________________is not a phase of trade cycle

a)    prosperity

b)    inflation

c)    recession

d)    depression

Answer 2

 

 

23) The classical theory of employment is propounded by______________

a)    Adam smith

b)    J.B. Say

c)    J.S Mill

d)    all of the these

Answer 4

 

 

24) According to the economists __________ law states that supply creates its own demand

a)    J.S.Mill

b)    J.M.Keynes

c)    J.B.Say

d)    A.C.Pigou

Answer 3

 

 

25) _____________the economists who advocates flexible wage policy to support Say's law

a)    Keynes

b)    Pigou

c)    Hanson

d)    Ricardo

Answer 2 

 

S.Y.B.COM Other Subject MCQ

ADVERTISING

https://www.surajpateleducation.com/2021/04/sybcom-advertising-mcq-pdf-advertising.html

 

Business Economic

1)    https://www.surajpateleducation.com/2021/04/business-economics-sybcom-sybcom.html

2)    https://www.surajpateleducation.com/2020/10/business-economics-sybcom-students-mcq.html

 

Foundation course

1)    https://www.surajpateleducation.com/2021/04/foundation-course-mcq-with-answers.html

2)    https://www.surajpateleducation.com/2021/03/foundation-course-mcq-questions-and.html

3)    https://www.surajpateleducation.com/2020/12/foundation-course-sybcom-mcq-part-2.html

4)    https://www.surajpateleducation.com/2020/12/foundation-course-sybcom-mcq.html

 

Company Law

1)    https://www.surajpateleducation.com/2021/03/company-law-sybcom-mcq-pdf.html

2)    https://www.surajpateleducation.com/2021/02/company-law-mcq-questions-and-answers.html

3)    https://www.surajpateleducation.com/2020/12/company-law-mcq-pdf.html 

 

Management Accounts

https://www.surajpateleducation.com/2020/12/Management-Accounts%20-S.Y.B.COM-IMPORTANCES-MCQ-PDF.html

 

Business Law

1)    https://www.surajpateleducation.com/2020/12/business-law-sybcom-mcq-importance.html

2)    https://www.surajpateleducation.com/2020/12/business-law-sybcom-mcq-pdf.html

 

Financial account

https://www.surajpateleducation.com/2020/12/financial-account-sybcom-mcq.html

 

Commerce

https://www.surajpateleducation.com/2020/12/commerce-sybcom-mcq-pdf.html

 

 

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