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MCQs

Total Questions : 434 | Page 7 of 44 pages
Question 61. What is Euro ?
  1.    Deposit outside one’s home country but in the home country currency
  2.    European currency unit, introduced on Jan, 1 1999
  3.    Both of them
  4.    None of them
 Discuss Question
Answer: Option C. -> Both of them
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 62. What is National debt or public debt ?
  1.    State’s borrowing from its population
  2.    State’s borrowing from foreign government
  3.    state’s borrowing from international institution
  4.    All of these
 Discuss Question
Answer: Option D. -> All of these
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 63. Term the minimum income level below which a person is considered to be living in poverty ?
  1.    Poverty level
  2.    Poverty line
  3.    Both of them
  4.    None of them
 Discuss Question
Answer: Option C. -> Both of them
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 64. What is public sector ?
  1.    Public corporations
  2.    Central and local government
  3.    Nationalized Industries
  4.    All of them
 Discuss Question
Answer: Option D. -> All of them
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 65. Deregulation is the reduction of government’s role in ?
  1.    Controlling Banks
  2.    Controlling cooperation
  3.    Controlling markets
  4.    None of them
 Discuss Question
Answer: Option C. -> Controlling markets
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 66. Term the average income of the people of a country during a year ?
  1.    National income
  2.    Domestic income
  3.    Protection Income
  4.    Per capita Income
 Discuss Question
Answer: Option D. -> Per capita Income
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 67. Currency that is expected to drop in value relative to other currencies is called ?
  1.    Local currency
  2.    Cold currency
  3.    Lime currency
  4.    Soft currency
 Discuss Question
Answer: Option D. -> Soft currency
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 68. Governmental non-interference in commerce is called ?
  1.    Free market economy
  2.    Laissez faire also Laisser faire
  3.    Open market economy
  4.    Liberal market economy
 Discuss Question
Answer: Option B. -> Laissez faire also Laisser faire
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 69. What is called the tax that is levied on retail price of merchandise collected by retailer ?
  1.    Sales Tax
  2.    General Tax
  3.    Local Tax
  4.    Gross Tax
 Discuss Question
Answer: Option A. -> Sales Tax
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 70. Term the central market for buying and selling all kind of securities ?
  1.    A big company
  2.    Stock Exchange
  3.    Joint stock
  4.    A multinational company
 Discuss Question
Answer: Option B. -> Stock Exchange
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!

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