Economics MCQs

Page No. 421

An essential attribute of inflation is ?


aFall in production

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b Increase in prices

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cStagflation

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dNone of these

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View Answer Increase in prices

Which measures. taken by a government would be intended to raise the price of imports ?


aEmbargoes

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bForeign exchange controls

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cQuotas

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dTariffs

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View Answer Tariffs

The term ‘real wage’ means the money wage” ?


aafter tax

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ballowing for change in prices.

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c Plus, benefits in kind

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dplus, overtime payments.

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What is a Debenture ?


aCertificate issued by a company promising the payment of a specified amount at a fixed rate of interest after a specified period

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bCertificate for the investment in shares

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c Certificate for the preference share

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dNone of these

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Inflation means ?


aRise in budget deficit

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bRise in money supply

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cRise in general price index

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dReflection

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Which is the oldest stock exchange of the world ?


aNew York stock exchange

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bTokyo stock exchange

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c London stock exchange

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dNone of them

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What do you understand by Laissez faire ?


aActive intervention

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bSound commercial affairs

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cInterference by the state in law and order

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dNone of these

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What is called a Tax on imports, exports ?


aDrawback

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bDuty

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cCustom

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dExcise

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View Answer Duty

What is Debt retirement______________?


a To write off debt

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bTo reschedule debt

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cTo repay debt in easy installments

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dThe complete repayment of debt

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Term the rules and particles that govern the management of an organization ?


aInternal laws

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b By laws

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cCharacter

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dMemorandum of articles

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View Answer By laws

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