Business Economics MCQ in Hindi 2026-27
Practice the latest Business Economics MCQ in Hindi 2026-27 in Hindi based on the new syllabus. Boost your exam preprations with updated objective questions and answers. Start now!
1) In Economics, Opportunity cost is best defined as :
- A. The cost of labor used in production
- B. The monetary cost of a choice
- C. The sum of all costs associated with a decision
- D. The value of the next best alternative that is forgone.
2) Which of the followng not a feature of Business economic?
- A. Micro in nature
- B. Prescriptive in nature
- C. Practical in approach
- D. Normative in nature
3) The "Law of supply" states that, all other factors being equal, as the price of a good increase, the quantity supplied by producers:
- A. Increase
- B. Stays the same
- C. Becomes perfectly elastic
- D. Decreases
4) In Economics, Law of Demand show the relationship between :
- A. Price and supply
- B. Price and demand
- C. cost and profit
- D. Income and demand
5) In the short run, a cost that does not change with the level of output is known as:
- A. Opportunity cost
- B. Variable cost
- C. Marginal cost
- D. Fixed cost
6) The elasticity of demand for salt is :
- A. Unitary elastic
- B. Perfectly inelastic
- C. Highly elastic
- D. Perfectly elastic
7) Which of the following is a tool of fiscal policy?
- A. Printing new currency
- B. Setting interest rates
- C. Regulating the money supply
- D. Changes in government spending & taxation.
8) The cost that does not change with output is known as:
- A. Total cost
- B. fixed cost
- C. variable cost
- D. Marginal cost
9) A cost that has already been incured and cannot be recovered is known as:
- A. Fixed cost
- B. Variable cost
- C. Sunk cost
- D. Opportunity cost
10) A worker who loses their job due to a recession is experiencing :
- A. Cyclical unemployment
- B. Frictional unemployment
- C. Structured unemployment
- D. Seasonal unemployment