Economics MCQs

Page No. 400

Which of the following is regarded as a factor of production ?


aCapital


bInterest


cProfit


dNone of these


View Answer Capital

The situation with increasing unemployment and inflation is terms as ?


aHyperinflation


b Reflection


c Stagflation


d Galloping


View Answer Stagflation

When the stock market is down falling it is called ?


a Bullish


bBearish


cFalling


d Crashing


View Answer Bearish

Large payment to senior employee who is forced into retirement is called ?


aGolden bonus


bGolden shake hand


cFriendly handshake


dGolden handshake


View Answer Golden handshake

What is Euro ?


a Deposit outside one’s home country but in the home country currency


bEuropean currency unit, introduced on Jan, 1 1999


c Both of them


d None of them


View Answer Both of them

Deregulation is the reduction of government’s role in ?


aControlling Banks


bControlling cooperation


cControlling markets


d None of them


View Answer Controlling markets

Term the central market for buying and selling all kind of securities ?


a A big company


bStock Exchange


c Joint stock


d A multinational company


View Answer Stock Exchange

Term the average income of the people of a country during a year ?


a National income


b Domestic income


c Protection Income


dPer capita Income


View Answer Per capita Income

Currency that is expected to drop in value relative to other currencies is called ?


aLocal currency


b Cold currency


cLime currency


dSoft currency


View Answer Soft currency

What is called the tax that is levied on retail price of merchandise collected by retailer ?


a Sales Tax Sales Tax


bGeneral Tax


cLocal Tax


dGross Tax


View Answer Sales Tax

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