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MCQs

Total Questions : 434 | Page 6 of 44 pages
Question 51. With whom would you associate the following quote” The business of business is business” ?
  1.    Milton Friedman
  2.    Adam smith
  3.    Alfred Marshal
  4.    Karl Marx
 Discuss Question
Answer: Option A. -> Milton Friedman
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 52. Devaluation means ?
  1.    Converting rupee into gold
  2.    Lowering of the value of one currency in comparison of some foreign currency
  3.    Making rupee dearer in comparison to some foreign currency
  4.    None of these
 Discuss Question
Answer: Option B. -> Lowering of the value of one currency in comparison of some foreign currency
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 53. Which of the following must always balance ?
  1.    The balance of visible trade
  2.    The balance of invisible trade
  3.    The balance on the current account
  4.    The balance of payments
 Discuss Question
Answer: Option D. -> The balance of payments
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 54. Which type of income is earned only the actor of production enterprise ?
  1.    interest
  2.    Profit
  3.    rent
  4.    wages
 Discuss Question
Answer: Option B. -> Profit
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 55. The period of high inflation and low economic growth is termed as ?
  1.    Stagnation
  2.    Take-off stage in economy
  3.    Stagflation
  4.    None of these
 Discuss Question
Answer: Option C. -> Stagflation
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 56. Which of the following can be used for check inflation temporarily ?
  1.    increase in wages
  2.    Decrease in money supply
  3.    Decrease in tax
  4.    None of these
 Discuss Question
Answer: Option C. -> Decrease in tax
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 57. When the stock market is down falling it is called ?
  1.    Bullish
  2.    Bearish
  3.    Falling
  4.    Crashing
 Discuss Question
Answer: Option B. -> Bearish
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 58. The situation with increasing unemployment and inflation is terms as ?
  1.    Hyperinflation
  2.    Reflection
  3.    Stagflation
  4.    Galloping
 Discuss Question
Answer: Option C. -> Stagflation
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 59. Large payment to senior employee who is forced into retirement is called ?
  1.    Golden bonus
  2.    Golden shake hand
  3.    Friendly handshake
  4.    Golden handshake
 Discuss Question
Answer: Option D. -> Golden handshake
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 60. Which of the following is regarded as a factor of production ?
  1.    Capital
  2.    Interest
  3.    Profit
  4.    None of these
 Discuss Question
Answer: Option A. -> Capital
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!

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