caiibmocktest.in

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Question 1 reset

Demand Schedule is the relationship between

demand and quantity bought

price and quantity bought

Question 2 reset

A down ward Sloping Demand Curve relates quantity demanded to

Price

Demand

Question 3 reset

Shifts in Supply means when changes in factors other than goods own price affect the quantity supplied.

True

False

Question 4 reset

The Equilibrium Price is also know as

Market price

Market - clearing price

Question 5 reset

Market Demand Curve obeys the laws of

downward - sloping demand

upward - sloping demand

Question 6 reset

Forces behind the Supply Curve is / are

Cost of production

Technological advances

Government policies

All of the above

Question 7 reset

Supply curve relates quantity supplied to

Price

Demand

Question 8 reset

Market equilibrium comes at the price at which quantity demanded equals to quantity

Produced

Supplied

Question 9 reset

Money Supply refers to

The amount of money with the people

The amount of money in circulation in an economy

Question 10 reset

Narrow Money consists of

Currency with the Public Demand Deposits

Other' Deposits with the RBI

Both the above

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