Economics MCQs

Page No. 421

An essential attribute of inflation is ?


aFall in production


b Increase in prices


cStagflation


dNone of these


View Answer Increase in prices

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


aEmbargoes


bForeign exchange controls


cQuotas


dTariffs


View Answer Tariffs

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


aafter tax


ballowing for change in prices.


c Plus, benefits in kind


dplus, overtime payments.



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


bCertificate for the investment in shares


c Certificate for the preference share


dNone of these



Inflation means ?


aRise in budget deficit


bRise in money supply


cRise in general price index


dReflection



Which is the oldest stock exchange of the world ?


aNew York stock exchange


bTokyo stock exchange


c London stock exchange


dNone of them



What do you understand by Laissez faire ?


aActive intervention


bSound commercial affairs


cInterference by the state in law and order


dNone of these



What is called a Tax on imports, exports ?


aDrawback


bDuty


cCustom


dExcise


View Answer Duty

What is Debt retirement______________?


a To write off debt


bTo reschedule debt


cTo repay debt in easy installments


dThe complete repayment of debt



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


aInternal laws


b By laws


cCharacter


dMemorandum of articles


View Answer By laws

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