Class 12 Macro Economics Quick Practice
Try real questions from active chapters in this subject.
Question 1 of 8
When was the famous book of Prof. Keynes published?
A
1940
B
1936
C
1931
D
1930
Correct answer: B
Question 2 of 8
The study of aggregates is known as
A
Factor price determination
B
Price theory
C
Microeconomics
D
Macroeconomics
Correct answer: D
Question 3 of 8
When did the great depression occur?
A
1941-42
B
1938-39
C
1934-35
D
1929-30
Correct answer: D
Question 4 of 8
Mr. Skund Kumar wants to study the national income. Which branch of economics will he have to study?
A
Macroeconomics
B
Factor price determination
C
Price theory
D
Microeconomics
Correct answer: A
Question 5 of 8
What is the name of the book written by J.M. Keynes?
A
None of these
B
Political Economy
C
The General Theory of Employment, Interest, and Money
D
The Wealth of Nation
Correct answer: C
Question 6 of 8
What is known as the study of individual units?
A
Development economics
B
Income and employment theory
C
Microeconomics
D
Macroeconomics
Correct answer: C
Question 7 of 8
Who is known as the father of modern macroeconomics?
A
Hicks
B
Samuelson
C
J. M. Keynes
D
Adam Smith
Correct answer: C
Question 8 of 8
NNPFCÂ =
A
All of these
B
NDPMP + Net factor income from abroad
C
NNPMP + Economic subsidy – Indirect taxes
D
GNPFC – Depredation
Correct answer: A
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