Economics MCQs

Page No. 425

Which country is the chief exporter Aluminum?


a USA

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bBritain

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cFrance

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dGermany

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View Answer USA

What is measured by Gross domestic product (GDP)?


aValue of all economic activity within nation’s border

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bEconomic output of a country

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c Economic activity of federal government

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dNone of these

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What is write-Off?


aCharging an asset amount to expense of loss

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bTo forget

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cTo withdraw

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dNone of these

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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

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bWithholding tax

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cIncome tax

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dNone of these

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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

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bTrickle down

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c Free market

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dCapitalism

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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

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bA certificate of deposit whose principal is payable at maturity

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cA certificate of deposit with a shorter time to maturity

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dcertificate of deposit with a longer time to maturity

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


a Baby company

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bChild company

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cSmall holding

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d Subsidiary

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View Answer Child company

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


aLocal currency

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b Cold currency

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cLime currency

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dSoft currency

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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

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bHot currency

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cPegged currency

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dHard currency

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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

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b Guarantee

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cRepo

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dRepurchase arrangements

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View Answer Repo

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