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Basic of Economics

How is termed the economic theories or Maynard Keynes especially those which advocate government monetary and fiscal and stimulate business activity ?

Basic of Economics, Economics Mcqs /
How is termed the economic theories or Maynard Keynes especially those which advocate government monetary and fiscal and stimulate business activity ?

A. Market Economy
B. Harvard Group
C. Keynesian
D. London Group

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Basic of Economics, Economics Mcqs

Mention the name for that urban and rural region which is closely associated economically with an adjoining town or city. Term is also used to describe the area that is serviced by a port or coastal settlement ?

Basic of Economics, Economics Mcqs /
Mention the name for that urban and rural region which is closely associated economically with an adjoining town or city. Term is also used to describe the area that is serviced by a port or coastal settlement ?

A. Hinterland
B. Country land
C. Dependent land
D. Parasite land

Mention the name for that urban and rural region which is closely associated economically with an adjoining town or city. Term is also used to describe the area that is serviced by a port or coastal settlement ? Read More »

Basic of Economics, Economics Mcqs

By Which scale the value of all economic activity produced by a nation during a given period is measured ?

Basic of Economics, Economics Mcqs /
By Which scale the value of all economic activity produced by a nation during a given period is measured ?

A. Gross Domestic Product (GOP)
B. Gross National output (GNO)
C. Gross National Product (GNP)
D. Gross National output

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Basic of Economics, Economics Mcqs

The system under which a country’s currency is exchangeable for a fixed weight of gold on demand at central bank is called ?

Basic of Economics, Economics Mcqs /
The system under which a country’s currency is exchangeable for a fixed weight of gold on demand at central bank is called ?

A. God standard system
B. Gold based system
C. Bullion standard system
D. None of the above

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Basic of Economics, Economics Mcqs

What is called a group of countries that have removed all tariffs, quotas, and export subsidies on trade among themselves ?

Basic of Economics, Economics Mcqs /
What is called a group of countries that have removed all tariffs, quotas, and export subsidies on trade among themselves ?

A. Close-trade zone
B. Free trade zone
C. Both of them
D. None of them

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Basic of Economics, Economics Mcqs

What does mean by Franchise__________________?

Basic of Economics, Economics Mcqs /
What does mean by Franchise__________________?

A. A privilege or right officially granted by a person or group by a government
B. Authorization granted to someone to sell or distribute a company’s goods or service in certain area
C. Territory or limits within which immunity, privilege or right may be exercised
D. All of the above

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Basic of Economics, Economics Mcqs