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CA CPT Mock Test - 1 (Session 2) - CA Foundation MCQ


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30 Questions MCQ Test - CA CPT Mock Test - 1 (Session 2)

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

Economics is the study of

CA CPT Mock Test - 1 (Session 2) - Question 2

The opportunity cost of a good is

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CA CPT Mock Test - 1 (Session 2) - Question 3

A market can accurately be described as

CA CPT Mock Test - 1 (Session 2) - Question 4

Planning commission constituted a high level committee for financial sector reforms in August 2007 under the Chairmanship of:

CA CPT Mock Test - 1 (Session 2) - Question 5

In the mixed economy

CA CPT Mock Test - 1 (Session 2) - Question 6

Normative economics forms ___________ based on _____________

CA CPT Mock Test - 1 (Session 2) - Question 7

Microeconomics is concerned with

CA CPT Mock Test - 1 (Session 2) - Question 8

 Macroeconomics is the study of ___________________

CA CPT Mock Test - 1 (Session 2) - Question 9

A real value can be derived from a nominal value by

CA CPT Mock Test - 1 (Session 2) - Question 10

The equilibrium price clears the market; it is the price at which ________ _________

CA CPT Mock Test - 1 (Session 2) - Question 11

When a market is in equilibrium

CA CPT Mock Test - 1 (Session 2) - Question 12

________ and ________ do not directly affect the demand curve

CA CPT Mock Test - 1 (Session 2) - Question 13

If price increase of good A increases the quantity demanded of good B, then good B is a

CA CPT Mock Test - 1 (Session 2) - Question 14

An increase in consumer income will increase demand for a _______ but decrease demand for a _________

CA CPT Mock Test - 1 (Session 2) - Question 15

What is the best indicator of economic development of any country?

CA CPT Mock Test - 1 (Session 2) - Question 16

Who is called the father of Operation Flood in India?

CA CPT Mock Test - 1 (Session 2) - Question 17

Which of the following is not a Kharif Crop?

CA CPT Mock Test - 1 (Session 2) - Question 18

The concept of Economic Planning in India is derived from?

CA CPT Mock Test - 1 (Session 2) - Question 19

Which round of discussion replaced the GATT by World Trade Organisation (WTO)?

CA CPT Mock Test - 1 (Session 2) - Question 20

Which of the following is used to denote broad money?

CA CPT Mock Test - 1 (Session 2) - Question 21

Which of the following is a direct tax?

CA CPT Mock Test - 1 (Session 2) - Question 22

Which of the following is not the function of RBI?

CA CPT Mock Test - 1 (Session 2) - Question 23

 What is the meaning of Fiscal policy?

CA CPT Mock Test - 1 (Session 2) - Question 24

 When AR = Rs. 10 and AC = Rs. 8 the firm makes ___________.

CA CPT Mock Test - 1 (Session 2) - Question 25

Which bank among the following is responsible for issuing currency notes in India?

CA CPT Mock Test - 1 (Session 2) - Question 26

The unsustainable levels of government deficits in the late 1980’s increased because of:

CA CPT Mock Test - 1 (Session 2) - Question 27

Relationship between AR, MR and Price elasticity of demand is

CA CPT Mock Test - 1 (Session 2) - Question 28

Which of the following sector does not comes under the service sector in India?

CA CPT Mock Test - 1 (Session 2) - Question 29

Since when the service tax is being imposed in India?

CA CPT Mock Test - 1 (Session 2) - Question 30

Balance of payment consists of:

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