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Business Economics - 3 - CA Foundation Free MCQ Test with solutions


MCQ Practice Test & Solutions: Test: Business Economics - 3 (25 Questions)

You can prepare effectively for CA Foundation Business Economics for CA Foundation with this dedicated MCQ Practice Test (available with solutions) on the important topic of "Test: Business Economics - 3". These 25 questions have been designed by the experts with the latest curriculum of CA Foundation 2026, to help you master the concept.

Test Highlights:

  • - Format: Multiple Choice Questions (MCQ)
  • - Duration: 30 minutes
  • - Number of Questions: 25

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Test: Business Economics - 3 - Question 1

Which of the following costs can never be zero?

Test: Business Economics - 3 - Question 2

A graphical presentation of price-quantity relationship is known as 

Test: Business Economics - 3 - Question 3

The problem of sick units is more in case of _____ units.

Test: Business Economics - 3 - Question 4

Which factor of production is the most perishable?

Test: Business Economics - 3 - Question 5

Which Indian state has the most favourable rate of sex ratio for females?

Test: Business Economics - 3 - Question 6

Which of the following is an example of internal economies?

Test: Business Economics - 3 - Question 7

Which of the following is the subject area of micro economics?

Test: Business Economics - 3 - Question 8

Which of the following is not a function of Central Bank?

Test: Business Economics - 3 - Question 9

The cost which never occurs is

Test: Business Economics - 3 - Question 10

Which of the following items account for the largest share in Indian exports?

Test: Business Economics - 3 - Question 11

The tertiary sector does not include

Test: Business Economics - 3 - Question 12

The shape of the demand curve in case of oligopoly is

Test: Business Economics - 3 - Question 13

Excise duties are levied on

Test: Business Economics - 3 - Question 14

India has __________ taxation system.

Test: Business Economics - 3 - Question 15

The investment limit of small scale industry has been increased to

Test: Business Economics - 3 - Question 16

Which Indian organisation employs the largest number of employees?

Test: Business Economics - 3 - Question 17

Who prepares the estimates of the national income in India?

Test: Business Economics - 3 - Question 18

Which is the most appropriate market for FMCG?

Test: Business Economics - 3 - Question 19

The demand for ______ goods is relatively inelastic.

Test: Business Economics - 3 - Question 20

The total cost at zero level of production is 30,000 and at 10,000 units level is 55000. What will be the per unit variable cost?

Test: Business Economics - 3 - Question 21

Who among the followings is concerned with the `Scarcity definition` of Economics?

Test: Business Economics - 3 - Question 22

There has been drastic reduction in the rates of ________ during post liberalisation phase.

Test: Business Economics - 3 - Question 23

________ means reducing government interference in economic activities.

Test: Business Economics - 3 - Question 24

Which of the following organisations has been concerned with the production and distribution of energy?

Test: Business Economics - 3 - Question 25

At equilibrium level of output, the MC curve 

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