Economics MCQs

Page No. 425

Which country is the chief exporter Aluminum?


a USA


bBritain


cFrance


dGermany


View Answer USA

What is measured by Gross domestic product (GDP)?


aValue of all economic activity within nation’s border


bEconomic output of a country


c Economic activity of federal government


dNone of these



What is write-Off?


aCharging an asset amount to expense of loss


bTo forget


cTo withdraw


dNone of these



D. Capitalism Term a tax that is levied by a country of source on income paid, usually on dividends remitted to the home country of the firm operating in a foreign country?


aWealth tax


bWithholding tax


cIncome tax


dNone of these


View Answer Withholding tax

Mention the name for economic theory that the support of business that allows them to flourish will eventually benefit middle- and lower-income people in the form of increased economic activity and reduced unemployment?


aEnd benefit


bTrickle down


c Free market


dCapitalism


View Answer Trickle down

“Term bond” are bonds whose principle is payable at maturity. What does mean by Term certificate?


aA bond with a longer time to maturity


bA certificate of deposit whose principal is payable at maturity


cA certificate of deposit with a shorter time to maturity


dcertificate of deposit with a longer time to maturity



Which of the following is called a wholly or partially owned company what is the part of the large corporation?


a Baby company


bChild company


cSmall holding


d Subsidiary


View Answer Child company

Name the money of county that is expected to drop in value relative to other currencies?


aLocal currency


b Cold currency


cLime currency


dSoft currency


View Answer Soft currency

A central bank or monetary authority hold foreign currency for the purpose of exchange intervention and the settlement of intergovernmental claims. Term the currency ?


a Reserve currency


bHot currency


cPegged currency


dHard currency


View Answer Reserve currency

Mention an agreement in which one party sells a security to another party and agrees to repurchase it on a specified date for a specified price ?


aRedemption


b Guarantee


cRepo


dRepurchase arrangements


View Answer Repo

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