Social Science MCQ – 3

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Q.1: A consumer spends money earned by him according to the law of ?

1. Equi-marginal utility
2. Increasing cost
3. Diminishing marginal utility
4. Least cost

Q.2: A crop loan more than ` 1,00,000 will require?

1. Personal securityv
2. Registered mortgage of land
3. Equitable mortagage
4. None of the above

Q.3: A farmer decides to stop growing paddy and instead use the land to cultivate potato. The amount of potential profit lost by not growing paddy represents that farmer’s?

1. Opportunity cost
2. Variable cost
3. Marginal cost
4. Fixed costs

Q.4: A filmstrip normally contains __ half frames. ?

1. 20-40
2. 40-72
3. 20-28
4. 36-72

Q.5: A high inflation rate usually leads to worsen payment balance because ?

1. Prices of imported goods fall and hence more is imported
2. Prices of exported goods rise making exports less competitive
3. Prices of imported goods rise
4. Prices of exported goods fall and hence less amount is obtained in terms of foreign exchange

Q.6: A legal right to exclusive publication, production, sale, distribution of some work is called?

1. Patent
2. Copyright
3. Trade Mark
4. TRIPS

Q.7: A manager ultimately aims at?

1. Creating surplus
2. Creating profit
3. Creating innovation
4. Managing

Q.8: A method not used to estimate national income is ?

1. Export – import method
2. Income method
3. Value – added method
4. Expenditure method

Q.9: A rolling plan was a plan for duration of ?

1. Five years
2. Three years
3. One year
4. Four years

Q.10: A series of mirror surround the flat platen of projector in case of ?

1. Overhead projector
2. Slide projector
3. Flim-strips
4. Epidiascope

Social Science MCQ – 3

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