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CA - CPT ICAI Model Test Paper - 12 (Session - 2) - CA CPT MCQ


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30 Questions MCQ Test - CA - CPT ICAI Model Test Paper - 12 (Session - 2)

CA - CPT ICAI Model Test Paper - 12 (Session - 2) for CA CPT 2024 is part of CA CPT preparation. The CA - CPT ICAI Model Test Paper - 12 (Session - 2) questions and answers have been prepared according to the CA CPT exam syllabus.The CA - CPT ICAI Model Test Paper - 12 (Session - 2) MCQs are made for CA CPT 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for CA - CPT ICAI Model Test Paper - 12 (Session - 2) below.
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CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 1

What implication does resource scarcity have for the satisfaction of wants

CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 2

Which of the following pairs of goods is an example of substitutes?

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CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 3

In the production of wheat, all of the following are variable factors that are used by the farmer except:

CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 4

Which of the following statements is correct?

CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 5

What is India’s rank in the world Population

CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 6

Find the tax which is direct tax among the following:

CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 7

Larger production of _________goods would lead to higher production in future.

CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 8

A horizontal supply curve parallel to the quantity axis implies that the elasticity of supply is______

CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 9

____ is the apex bank for agriculture credit.

CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 10

A situation of employment in which a person is apparently employed but his contribution to the production is almost nil is called _______unemployment.

CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 11

According to the planning Commission, using Mixed Recall period (MRP) ______% people were below poverty line in 2011-12.

CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 12

The economic analysis expects the consumer to behave in a manner which is:

CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 13

After reaching the saturation point, consumption of additional units of the commodity cause:

CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 14

Which of the following is not, by definition, equal to National Income?

CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 15

Which of the following is not an objective of Fiscal policy:

CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 16

The main objective of the World Trade Organisation is to secure among other:

CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 17

Birth rate and Death rate are measured as per:

CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 18

What is Bank Rate?

CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 19

Which of the following statements is correct?

CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 20

The green revolution is also known as:

CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 21

Which of the following has been specifically established to meet the requirements of credit of the farmers and villages?

CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 22

Per Capita national income means

CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 23

Which of the following is also known as International Bank for Reconstruction and Development?

CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 24

Who is the official lender of the last resort in India?

CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 25

Three steel plants in Bhilai, Rourkela and Durgapur were set up in the ________.

CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 26

If income elasticity for gel pen is 0.8, we can say that gel pen in economics sense is a/an

CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 27

Which of the following in not a characteristic of a “price taker”?

CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 28

Which cost increases continuously with the increase in production?

CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 29

Which of the following statements is correct?

CA - CPT ICAI Model Test Paper - 12 (Session - 2) - Question 30

We can say Indian agriculture has become modern since:

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