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Managerial Economics
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Course Name
MBA (Master of Business Administration)
Subject Code MB0026 (Managerial Economics )
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PART - A
PART - B
PART - C
Subject : Managerial Economics
MB0026 : PART - A
| Q. 1 | _____ refers to the rate of interest at which
the Central Bank rediscounts approved bills of
exchange |
| | A) | Bank Rate |
| B) | Discount Rate | | C) | Either A) or B) | | D) | Cash Rate | | | | | Q. 2 | Economics necessary to understand for
running any business is |
| | A) | Business Environment |
| B) | Business Management | | C) | Business Economics- | | D) | Business Science | | | | | Q. 3 | The relationship between consumption and
income is called |
| | A) | Consumption Ratio |
| B) | Income-Consumption Ratio | | C) | Consumption Function | | D) | Income-Consumption Function | | | | | Q. 4 | In long run, there are no _____ factors |
| | A) | Fixed |
| B) | Variable | | C) | Uneven | | D) | Changeable | | | | | Q. 5 | Ratio which tells capital required for each
unit of capital required for each unit of capital
produced is |
| | A) | a.Capital input ratio |
| B) | b.Capital Output Ratio ans | | C) | c.Capital size ratio | | D) | d.rational size structure | | | | | Q. 6 | Difference between the total revenue and
total cost is called |
| | A) | Cost |
| B) | b.Profit | | C) | c.Sales | | D) | d.Revenue | | | | | Q. 7 | Strategy in which the firm initially charges
high price and the cream of the market is
consumed is |
| | A) | a.penetration strategy |
| B) | b.Low price strategy | | C) | c.Skimming strategy | | D) | d.requirement startegy | | | | | Q. 8 | The inverse relationship between price &
quantity demanded is |
| | A) | Law of Demand |
| B) | Law of supply | | C) | Law of System | | D) | Law of Nature | | | | | Q. 9 | Price once fixed is _____ permanent |
| | A) | Always |
| B) | Never | | C) | Sometimes | | D) | Occasionally | | | | | Q. 10 | _____ are price takers as they cannot affect
the market price |
| | A) | Consumers |
| B) | Producers | | C) | Firms | | D) | Suppliers | | | |
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