A. National income
B. Saving
C. Imports at lower cost
D. Exports
Devaluation of currency helps to promote ? Read More »
Basic of Economics, Economics Mcqs A. Fall
B. Rise
C. Fluctuate
D. Remain constant
If saving exceeds investment the national income will ? Read More »
Basic of Economics, Economics Mcqs A. Acting as bankers to the government
B. Advising the government on monetary policy
C. Dealing in foreign exchange
D. Fixing the main interest rate
Which function is performed by both commercial banks and central banks ? Read More »
Basic of Economics, Economics Mcqs A. Income on which payment of tax is usually evaded
B. Illegally earned money
C. Money earned through underhand deals
D. None of these
What is Black Money ? Read More »
Basic of Economics, Economics Mcqs A. Japan
B. South Korea
C. Taiwan
D. Malaysia
The most industrialized country in Asia is ? Read More »
Basic of Economics, Economics Mcqs A. commercial bank deposits
B. government bank deposits
C. government spending
D. interest rates
E. None of these
What can a central bank increase in order to reduce consumer borrowing ? Read More »
Basic of Economics, Economics Mcqs A. increasing bank lending
B. increasing import duties
C. reducing government expenditure
D. None of these
Which of the following is an example of government policy that could reduce inflation ? Read More »
Basic of Economics, Economics Mcqs A. Debtors
B. Creditors
C. Business class
D. None of these
Which of the following groups suffer the most from inflation ? Read More »
Basic of Economics, Economics Mcqs A. Milton Friedman
B. Adam smith
C. Alfred Marshal
D. Karl Marx
A. Converting rupee into gold
B. Lowering of the value of one currency in comparison of some foreign currency
C. Making rupee dearer in comparison to some foreign currency
D. None of these
Devaluation means ? Read More »
Basic of Economics, Economics Mcqs