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MCQs

Total Questions : 219 | Page 1 of 22 pages
Question 1. The world economic activity follow the principle of
  1.    Perfect Competition
  2.    Monopoly
  3.    Monopolistic Competition
  4.    Free market
 Discuss Question
Answer: Option D. -> Free market
Answer: (d).Free market
Question 2. When did the economic development come to a halt except in Asia?
  1.    1970
  2.    1976
  3.    1980
  4.    1988
 Discuss Question
Answer: Option C. -> 1980
Answer: (c).1980
Question 3. The Protectionist Hawely Smoot Act was adopted by The United States in
  1.    1920
  2.    1930
  3.    1960
  4.    1980
 Discuss Question
Answer: Option B. -> 1930
Answer: (b).1930
Question 4. Britain was the world's most advanced country in
  1.    1700
  2.    1720
  3.    1750
  4.    1780
 Discuss Question
Answer: Option C. -> 1750
Answer: (c).1750
Question 5. The cotton gin in America invented in
  1.    1780
  2.    1788
  3.    1790
  4.    1794
 Discuss Question
Answer: Option D. -> 1794
Answer: (d).1794
Question 6. When did China, Japan and South Korea announce plan to work on their currency policies?
  1.    2002
  2.    2004
  3.    2006
  4.    2008
 Discuss Question
Answer: Option C. -> 2006
Answer: (c).2006
Question 7. Government intervention to manage free floating currency rates is called
  1.    Fixed exchange system
  2.    Managed float system
  3.    Convertible
  4.    None of above
 Discuss Question
Answer: Option B. -> Managed float system
Answer: (b).Managed float system
Question 8. The states maintained reserves of
  1.    Gold
  2.    Silver
  3.    Precious metal
  4.    hard money
 Discuss Question
Answer: Option D. -> hard money
Answer: (d).hard money
Question 9. 10 billion dinar notes was printed by
  1.    Britain
  2.    France
  3.    Germany
  4.    Serbia
 Discuss Question
Answer: Option D. -> Serbia
Answer: (d).Serbia
Question 10. Which countries stood by with Argentina during economic collapse?
  1.    China and Japan
  2.    America and France
  3.    Britain and Spain
  4.    United states and IMF
 Discuss Question
Answer: Option D. -> United states and IMF
Answer: (d).United states and IMF

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