NCERT Class 12 Economics Chapter 1 Introduction Test Mock Test
This free online test covers Chapter 1, Introduction, from the NCERT Class 12 Introductory Microeconomics textbook. The 24 questions are written directly from the chapter — definitions, processes, worked examples and the points the book italicises — so a score here tells you how much of the chapter actually stuck, not how well you guess. Each answer carries an explanation that says why the right option is right and why the other three fail, which is where most of the learning happens. Attempt it after your first read of the chapter, then again before the exam. There is no negative marking, and you can review the full solution the moment you submit.
Duration
24 mins
Questions
24 MCQs
Total Marks
24 pts
Negative
0 per wrong
Topics Covered in This Paper
Sample Questions
Q1.The chapter distinguishes goods from services by saying that goods are:
- AItems produced by firms, while services are produced only by the government
- BPhysical, tangible objects used to satisfy people's wants and needs, while services capture the intangible satisfaction of wants and needs
- CObjects that can be stored, while services are objects that cannot be stored
- DItems bought by households, while services are bought only by firms
Q2.By a resource, as the term is used in this chapter, is meant:
- AThe final goods and services distributed among individuals in a society
- BThe money income that an individual earns in a year
- COnly the natural endowments of a country, such as minerals and forests
- DThose goods and services which are used to produce other goods and services, such as land, labour, tools and machinery
Q3.By an individual, in the sense used in this chapter, is meant:
- AAny person who owns resources of some kind
- BAn individual decision making unit, which may be a single person or a group such as a household, a firm or any other organisation
- COnly a household, since firms are treated separately
- DOnly a single human being acting alone
Before you begin
The test will auto-submit when the timer runs out.
Each correct answer carries +1 marks.
Each wrong answer carries -0 marks.
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Disclaimer: The questions provided here are extracted and digitized from previous year papers using automated processes. They may contain typographical errors, formatting issues, or minor variations from the actual examination paper. While we have done our best to verify the accuracy of the official answer keys, discrepancies may occasionally exist. Please refer to the official commission website for the most authentic paper.
Timer starts immediately and keeps running even if you close the tab. Make sure you have 24 uninterrupted minutes.
FAQ
Frequently asked questions
Frequently Asked Questions
- How many questions are in the NCERT Class 12 Economics Chapter 1 Introduction Test mock test?
- This paper has 24 multiple-choice questions carrying 24 marks in total, to be attempted in 24 minutes.
- Is the NCERT Class 12 Economics Chapter 1 Introduction Test mock test free to attempt?
- Yes. You can attempt the full paper online for free on AI Test Planet, and see your score and correct answers immediately after submitting.
- Does this paper have negative marking?
- No, there is no negative marking on this paper, so an attempted guess costs you nothing.
- Are solutions and explanations available?
- Yes. After you submit, every question shows the correct answer with a step-by-step explanation, along with a topic-wise breakdown of your performance.