(A) India
(B) Pakistan
(C) Siri-Lanka
(D) Maldives
Tag: Economics Mcq Questions and Answers
Deflation is:
(A) Deficit budget
(B) Reduction in taxation
(C) Increase in public expenditures
(D) Reverse of inflation
Monetary policy is regulated by:
(A) Govt. policy
(B) Central bank
(C) Money lenders
(D) Private enterprenures
Deficit financing is spending:
(A) By borrowing from abroad
(B) In excess of revenue
(C) Less then what is needed
(D) By getting foreign aid
Division of labour is promoted by:
(A) Extended markets
(B) Limited markets
(C) Perfect markets
(D) Price discrimination
Bank rate means:
(A) The official rate of interest charged by the Central Bank of a country
(B) The official rate of interest charged by the money lenders
(C) The official rate of interest charged by the schaduled banks
(D) Rate of profit of the banking institutions
Saving is a function of:
(A) Income
(B) Improvement in productivity
(C) Investments
(D) Exports
Fiscal deficit can be defined as:
(A) The revenue recipts + capital recipts- Total expenditures
(B) Total expenditures- Total expenditures
(C) The revenue recipts + capital recipts- Total expenditures
(D) The revenue recipts+ Total capital- Total revenue expenditures