Commerce Exam > Commerce Notes > Crash Course of Macro Economics -Class 12 > MCQs - Problem & Measure To Correct Excess and Deficient Demand
MCQs - Problem & Measure To Correct Excess and Deficient Demand | Crash Course of Macro Economics -Class 12 - Commerce PDF Download
Q.1 Which of the following is/are the qualitative tool of Central Bank ?
(a) Moral suasion
(b) Margin requirement
(c) Bank rate
(d) Both (a) and (b)
Ans: D
Q.2 In a situation of ‘Inflationary Gap’ at the full employment level of income:
(a) AD < AS
(b) AD > AS
(c) AD = AS
(d) None
Ans: B
Q.3 Which of the following measures of meeting deficit in a budget, leads to an increase in money supply in the economy. (Choose the correct alternative)
(a) Disinvestment
(b) Loan from World Bank
(c) Deflict Financing
(d) All of these
Ans: C
Q.4 “Change in government revenue” is part of
(a) Fiscal policy
(b) Monetary policy
(c) Either (a) or (b)
(d) Neither (a) nor (b)
Ans: A
Q.5 When the government prints and circulates more currency in the economic system,it must
(a) bring down the general price level.
(b) push up the general price level.
(c) increase the supply of goods in the economy.
(d) None of the above.
Ans: C
Q.6 To fight deflation, the government should
(a) increase income tax rate.
(b) cut back its own expenditure
(c) increase investment by giving monetary and fiscal incentives
(d) increase bank rate.
Ans: C
Q.7 He responsibility of fiscal policy lies with
(a) the government
(b) the central government
(c) the commercial bank
(d) the stock exchanges
Ans: B
Q.8 Identify the correct statement
(a) Excess demand leads to decrease in output.
(b) Increase in CRR increases the lending capacity of the banks.
(c) Reduction in government spending leads to fall in income.
(d) Monetary policy is the policy of the government to control credit and money supply.
Ans: C
Q.9 _____ is exercised through discussions, letters and speeches to banks.
(a) Moral suasion
(b) Selective Credit Control
(c) Margin Requirements
(d) OMO
Ans: A
Q.10 Which of these of fiscal policy can be used to correct deficient demand ?
(a) Increase in government expenditure
(b) Cut in tax rates
(c) Cut in public borrowing
(d) All of these
Ans: D
Q.11 Wage-price spiral is a consequence of:
(a) inflationary gap
(b) deflationary gap
(c) stagflation
(d) both (a) and (c)
Ans: A
Q.12 Which of the these of monetary policy can be adopted to correct excess demand ?
(a) Increase in repo rate
(b) Increase in CRR
(c) Increase in margin requirement
(d) All of these
Ans: D
The document MCQs - Problem & Measure To Correct Excess and Deficient Demand | Crash Course of Macro Economics -Class 12 - Commerce is a part of the Commerce Course Crash Course of Macro Economics -Class 12.
All you need of Commerce at this link: Commerce
|
34 docs|4 tests
|
FAQs on MCQs - Problem & Measure To Correct Excess and Deficient Demand - Crash Course of Macro Economics -Class 12 - Commerce
| 1. What is excess demand in commerce and why is it a problem? |  |
Ans. Excess demand in commerce refers to a situation where the demand for a product or service exceeds its supply. This can lead to shortages, price hikes, and dissatisfaction among customers. It is a problem because it can result in lost sales opportunities for businesses and disrupt the equilibrium in the market.
| 2. What is deficient demand in commerce and why is it a problem? | |
Ans. Deficient demand in commerce occurs when the demand for a product or service falls short of its supply. This can lead to excess inventory, decreased sales, and financial losses for businesses. It is a problem because it indicates a lack of consumer interest or purchasing power, which can affect the overall health of the economy.
| 3. What are the potential measures to correct excess demand in commerce? | |
Ans. To correct excess demand in commerce, businesses can consider implementing measures such as increasing production capacity, improving supply chain efficiency, implementing rationing or allocation systems, and adjusting prices to manage demand. They can also explore partnerships with suppliers to increase the availability of raw materials or components.
| 4. What are the potential measures to correct deficient demand in commerce? | |
Ans. To correct deficient demand in commerce, businesses can adopt strategies such as marketing and advertising campaigns to increase awareness and stimulate demand. They can also consider offering discounts, promotions, or introducing new product variations to attract customers. Additionally, businesses can explore new markets or target different customer segments to expand their customer base.
| 5. What are the consequences of not addressing excess or deficient demand in commerce? | |
Ans. Failing to address excess or deficient demand in commerce can have significant consequences. Excess demand can lead to dissatisfied customers, lost sales, and damage to a company's reputation. On the other hand, deficient demand can result in financial losses, excess inventory, and potential layoffs or downsizing. Both situations can negatively impact a business's profitability and long-term sustainability.
Related Exams
About this Document
|
2.2K Views |
|
4.63/5 Rating |
|
Dec 23, 2024 Last updated |
Document Description: MCQs - Problem & Measure To Correct Excess and Deficient Demand for Commerce 2024 is part of Crash Course of Macro Economics -Class 12 preparation.
The notes and questions for MCQs - Problem & Measure To Correct Excess and Deficient Demand have been prepared according to the Commerce exam syllabus. Information about MCQs - Problem & Measure To Correct Excess and Deficient Demand covers topics
like and MCQs - Problem & Measure To Correct Excess and Deficient Demand Example, for Commerce 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises and tests below for MCQs - Problem & Measure To Correct Excess and Deficient Demand.
Introduction of MCQs - Problem & Measure To Correct Excess and Deficient Demand in English is available as part of our Crash Course of Macro Economics -Class 12
for Commerce & MCQs - Problem & Measure To Correct Excess and Deficient Demand in Hindi for Crash Course of Macro Economics -Class 12 course.
Download more important topics related with notes, lectures and mock test series for Commerce
Exam by signing up for free. Commerce: MCQs - Problem & Measure To Correct Excess and Deficient Demand | Crash Course of Macro Economics -Class 12 - Commerce
Description
Full syllabus notes, lecture & questions for MCQs - Problem & Measure To Correct Excess and Deficient Demand | Crash Course of Macro Economics -Class 12 - Commerce - Commerce | Plus excerises question with solution to help you revise complete syllabus for Crash Course of Macro Economics -Class 12 | Best notes, free PDF download
Information about MCQs - Problem & Measure To Correct Excess and Deficient Demand
In this doc you can find the meaning of MCQs - Problem & Measure To Correct Excess and Deficient Demand defined & explained in the simplest way possible. Besides explaining types of
MCQs - Problem & Measure To Correct Excess and Deficient Demand theory, EduRev gives you an ample number of questions to practice MCQs - Problem & Measure To Correct Excess and Deficient Demand tests, examples and also practice Commerce
tests
|
Explore Courses for Commerce exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
shortcuts and tricks
,Sample Paper
,study material
,Viva Questions
,Important questions
,MCQs - Problem & Measure To Correct Excess and Deficient Demand | Crash Course of Macro Economics -Class 12 - Commerce
,video lectures
,MCQs - Problem & Measure To Correct Excess and Deficient Demand | Crash Course of Macro Economics -Class 12 - Commerce
,Previous Year Questions with Solutions
,Summary
,Extra Questions
,Objective type Questions
,past year papers
,mock tests for examination
,Semester Notes
,practice quizzes
,ppt
,Exam
,MCQs - Problem & Measure To Correct Excess and Deficient Demand | Crash Course of Macro Economics -Class 12 - Commerce
,MCQs
,Free
;
Additional Information about MCQs - Problem & Measure To Correct Excess and Deficient Demand for Commerce Preparation
MCQs - Problem & Measure To Correct Excess and Deficient Demand Free PDF Download
The MCQs - Problem & Measure To Correct Excess and Deficient Demand is an invaluable resource that delves deep into the core of the Commerce exam.
These study notes are curated by experts and cover all the essential topics and concepts, making your preparation more efficient and effective.
With the help of these notes, you can grasp complex subjects quickly, revise important points easily,
and reinforce your understanding of key concepts. The study notes are presented in a concise and easy-to-understand manner,
allowing you to optimize your learning process. Whether you're looking for best-recommended books, sample papers, study material,
or toppers' notes, this PDF has got you covered. Download the MCQs - Problem & Measure To Correct Excess and Deficient Demand now and kickstart your journey towards success in the Commerce exam.
Importance of MCQs - Problem & Measure To Correct Excess and Deficient Demand
The importance of MCQs - Problem & Measure To Correct Excess and Deficient Demand cannot be overstated, especially for Commerce aspirants.
This document holds the key to success in the Commerce exam.
It offers a detailed understanding of the concept, providing invaluable insights into the topic.
By knowing the concepts well in advance, students can plan their preparation effectively.
Utilize this indispensable guide for a well-rounded preparation and achieve your desired results.
MCQs - Problem & Measure To Correct Excess and Deficient Demand Notes
MCQs - Problem & Measure To Correct Excess and Deficient Demand Notes offer in-depth insights into the specific topic to help you master it with ease.
This comprehensive document covers all aspects related to MCQs - Problem & Measure To Correct Excess and Deficient Demand.
It includes detailed information about the exam syllabus, recommended books, and study materials for a well-rounded preparation.
Practice papers and question papers enable you to assess your progress effectively.
Additionally, the paper analysis provides valuable tips for tackling the exam strategically.
Access to Toppers' notes gives you an edge in understanding complex concepts.
Whether you're a beginner or aiming for advanced proficiency, MCQs - Problem & Measure To Correct Excess and Deficient Demand Notes on EduRev are your ultimate resource for success.
MCQs - Problem & Measure To Correct Excess and Deficient Demand Commerce Questions
The "MCQs - Problem & Measure To Correct Excess and Deficient Demand Commerce Questions" guide is a valuable resource for all aspiring students preparing for the
Commerce exam. It focuses on providing a wide range of practice questions to help students gauge
their understanding of the exam topics. These questions cover the entire syllabus, ensuring comprehensive preparation.
The guide includes previous years' question papers for students to familiarize themselves with the exam's format and difficulty level.
Additionally, it offers subject-specific question banks, allowing students to focus on weak areas and improve their performance.
Study MCQs - Problem & Measure To Correct Excess and Deficient Demand on the App
Students of Commerce can study MCQs - Problem & Measure To Correct Excess and Deficient Demand alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the MCQs - Problem & Measure To Correct Excess and Deficient Demand,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of MCQs - Problem & Measure To Correct Excess and Deficient Demand is prepared as per the latest Commerce syllabus.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up
within 7 days!
within 7 days!
Takes less than 10 seconds to signup