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Tamil Nadu State Board (TNSB) Class XI Economics Set 02 (Advanced Level) English Medium 100% Free Practice Test

Tamil Nadu State Board (TNSB) Class XI Economics: Market Structure and Pricing Online Test (Set 02 (Advanced Level)) | TargetExams

Market Structure and Pricing — Set 02 (Advanced Level)

Take free online mock test for Tamil Nadu State Board (TNSB) Class XI Economics chapter 'Market Structure and Pricing'. 20 MCQs, 20 minutes, detailed solutions & score analysis.

📝
20 MCQs
Questions
⏱️
20 Mins
Duration
🎯
20 Marks
Total Marks
➕
+1.0
Per Correct
🛡️
0.0
Negative Mark
🌐
English
Language
Start Test Now (English Medium)
Instant Scorecard Step-by-Step Solutions TNSB Samacheer Kalvi Pattern

Chapter Study Guide & In-Depth Notes

Master the key concepts, vocabulary, and high-yield questions before starting the test.

3 Sections

Chapter Overview & Core Concepts: Market Structure and Pricing

Class 11 Study Guide

Mastering Market Structure and Pricing in Class 11 provides critical subject intuition, analytical skills, and examination readiness.

Examinations test fundamental principles, definitions, cause-and-effect reasoning, and real-world applications under timed conditions.

Core Moral & Key Takeaway:

Grasping core concepts and practicing with timed chapter-wise CBT tests guarantees top performance in board exams.

Key Terminology, Definitions & Principles

Glossary & Concepts
Term / Formula Type Definition / Meaning Explanation / Notes Example / Usage
Core Concept Principle Primary concept governing Market Structure and Pricing. मुख्य सिद्धांत "Understand and apply the principle accurately."
Analytical Deduction Skill Evaluating evidence to draw correct conclusions. तार्किक विश्लेषण "Examine question clues systematically."

Key Features & Devices Explored:

Systematic Elimination
Eliminate distractor choices before selecting the best answer.
Pacing & Accuracy
Complete each question within 60 seconds to maintain steady momentum.

High-Yield Revision Points & Solved Board Exam Q&A

Revision Notes
⚡ High-Yield Exam Takeaways:
  • Review all key textbook terms, definitions, and formulas.
  • Pay attention to units, boundary values, and key keywords in questions.
  • Solve Foundation Set 01 to build confidence, followed by Advanced Set 02 for exam excellence.
Frequently Asked Questions & Model Answers:
Q1 How should students prepare for Market Structure and Pricing exams?
Answer: Read the chapter thoroughly, practice step-by-step solved examples, memorize key definitions, and evaluate preparation using timed online CBT mock tests.

Sample Questions Preview

Free Sneak Peek

Here is a sneak peek of the questions included in this test set. Test your preparation by viewing the answer and detailed explanation before starting the timed exam.

Q1
In the **Kinked Demand Curve Model**, why does a shift in the Marginal Cost (MC) curve within the vertical discontinuous gap of the Marginal Revenue (MR) curve cause **NO CHANGE in equilibrium price or output**?
**கிங்க்டு டிமாண்ட் கர்வ் மாடலில்**, விளிம்பு வருவாய் (MR) வளைவின் செங்குத்து இடைவிடாத இடைவெளியில் விளிம்பு விலை (MC) வளைவில் மாற்றம் ஏன் **NO CHANGE சமநிலை விலை அல்லது வெளியீட்டில்** ஏற்படுகிறது?
A
Because costs are zeroஏனெனில் செலவுகள் பூஜ்யம்
B
Because demand is infiniteஏனெனில் தேவை எல்லையற்றது
C
Because the MR curve has a **vertical discontinuity (gap) directly below the kink**, allowing MC to fluctuate within the gap without changing the intersection point ($$\\text{MC} = \\text{MR}$$)ஏனெனில் MR வளைவில் **செங்குத்து இடைநிறுத்தம் (இடைவெளி) கிங்க்**க்கு கீழே இருப்பதால், MC குறுக்குவெட்டுப் புள்ளியை ($$\\text{MC} = \\text{MR}$$) மாற்றாமல் இடைவெளிக்குள் ஏற்ற இறக்கமாக அனுமதிக்கிறது.
D
Because the government bans price changesஏனெனில் விலை மாற்றங்களை அரசு தடை செய்கிறது
Correct Answer: Option C
Explanation:
The sharp kink in the AR demand curve creates a broken, vertical gap in the MR curve; shifting MC within this gap leaves the rigid price-output equilibrium unaltered.
AR தேவை வளைவில் உள்ள கூர்மையான கின்க் MR வளைவில் உடைந்த, செங்குத்து இடைவெளியை உருவாக்குகிறது; இந்த இடைவெளிக்குள் MC ஐ மாற்றுவது கடினமான விலை-வெளியீட்டு சமநிலையை மாற்றாது.
Q2
Under **First-Degree Price Discrimination (Perfect Price Discrimination)**, what price does the monopolist charge each consumer?
**முதல்-நிலை விலைப் பாகுபாடு (சரியான விலைப் பாகுபாடு)** கீழ், ஏகபோக நிறுவனம் ஒவ்வொரு நுகர்வோரிடமிருந்தும் என்ன விலையை வசூலிக்கிறது?
A
A price determined by the courtநீதிமன்றத்தால் நிர்ணயிக்கப்பட்ட விலை
B
The **exact maximum price each individual buyer is willing to pay (Reservation Price)**, completely extracting and wiping out **$100\\%$ of Consumer's Surplus**ஒவ்வொரு தனிப்பட்ட வாங்குபவரும் செலுத்தத் தயாராக இருக்கும் **சரியான அதிகபட்ச விலை (முன்பதிவு விலை)**, நுகர்வோரின் உபரியிலிருந்து **$100\\%$ முழுவதுமாக பிரித்தெடுக்கப்பட்டு அழிக்கப்படும்**
C
A flat uniform priceஒரே சீரான விலை
D
Half the cost priceவிலையில் பாதி
Correct Answer: Option B
Explanation:
In 1st-degree discrimination, the monopolist captures the entire area under the demand curve, leaving zero consumer surplus.
முதல் நிலை பாகுபாடுகளில், ஏகபோக உரிமையாளர் தேவை வளைவின் கீழ் முழுப் பகுதியையும் கைப்பற்றி, பூஜ்ஜிய நுகர்வோர் உபரியை விட்டுவிடுகிறார்.

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How Chapter-Wise Online CBT Tests Build Winning Habits for Future Competitive Exams

Focused chapter-wise CBT practice builds the speed, mental stamina, and analytical discipline required to ace CUET, JEE Main, NEET UG, NDA, CA Foundation, and College Entrance Exams.

Competitive Edge

Real-Time Clock Awareness & Pacing

समय प्रबंधन एवं गति नियंत्रण

In school examinations, students write answers without active pacing. In national entrance tests, students have barely 45-60 seconds per MCQ. Practicing with a 20-minute timer instills instinctive time-budgeting and prevents last-minute exam panic.

Mastery of the Elimination Technique

विकल्प निष्कासन विधि में दक्षता

Top rankers in competitive exams rarely compute every problem blindly. They spot subtle traps, evaluate extreme values, and eliminate 2 out of 4 distractors within seconds. Our 4-option sets teach critical distractor analysis.

CBT Screen Stamina & Digital Comfort

कंप्यूटर आधारित परीक्षा का सहज अभ्यास

Almost all major national exams (CUET, JEE, NEET, SSC, Banking) are 100% computer-based. Students who only study on paper experience eye strain and navigation mistakes on exam day. Early CBT practice creates effortless digital fluency.

Immunity to Negative Marking

सटीकता और नकारात्मक अंकन से सुरक्षा

Careless errors—such as misreading "NOT" or "EXCEPT"—ruin thousands of competitive aspirations each year. Regular objective testing builds the habit of double-checking question keywords before locking answers.

Instant Diagnostic Feedback Loop

तत्काल त्रुटि निवारण एवं आत्म-मूल्यांकन

Traditional paper tests take weeks to grade, by which time the student has forgotten their thought process. TargetExams provides instant scorecards and step-by-step solutions while the conceptual puzzle is still fresh.

Start Building Your Competitive Edge from Class

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Syllabus Concepts Evaluated in this Chapter

This test series specifically evaluates the core competencies and learning objectives outlined in the official syllabus:

  • Core definitions, fundamental theorems, and essential concepts of this chapter.
  • Step-by-step mathematical reasoning and deductive problem-solving.
  • Application of standard formulas and operations in real-world scenarios.
  • Critical examination of common exam pitfalls and misleading options.
  • Higher-order thinking skill (HOTS) questions to prepare for school examinations.
  • Speed and accuracy mastery under standard timed CBT exam conditions.

Exam Rules & Test Taking Guidelines

  • Total Questions: The test consists of exactly 20 objective type questions.
  • Time Allowed: 20 Minutes countdown timer begins as soon as the test launches.
  • Marking Scheme: +1.0 mark is awarded for each correct answer.
  • Zero Penalty: There is 0.0 negative marking for incorrect or unattempted questions.
  • Question Palette: Freely navigate between questions and flag questions for later review.
  • Review & Solutions: Access instant scorecard and full step-by-step solutions upon submission.

Frequently Asked Questions (FAQs)

Yes! Foundation Practice Set 01 for every chapter in Tamil Nadu State Board (TNSB) Class XI Economics is 100% free to attempt. Students can test their knowledge without any payment or hidden fees.
This page is dedicated to English Medium. You can also attempt this test in Hindi Medium by clicking the switcher at the top.
Absolutely. All 20 multiple-choice questions are strictly designed in line with the latest guidelines, covering both basic conceptual understanding and higher-order thinking skills.
The test contains 20 MCQs to be solved in 20 minutes. Each question carries +1.0 mark for a correct answer, and there is zero (0.0) negative marking for incorrect answers.
Yes. Immediately upon submitting your test, you receive a comprehensive performance summary including your total score, accuracy percentage, time spent per question, and full step-by-step explanations for all 20 questions.

Practice Sets in this Chapter

Set 01 (Foundation)

20 MCQs • 20 Mins
View

Set 02 (Advanced)

20 MCQs • 20 Mins
Current

More Chapters in this Subject

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Market Structure and Pricing (Set 02 (Advanced Level))
20 MCQs • 20 Mins • 100% Free Practice Test

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