Development means economics growth plus ?
A. Inflation
B. Deflation
C. Social change
D. Price stability
Economics Mcqs
Which of the following terms refers to income that is saved and not invested ?
Which of the following terms refers to income that is saved and not invested ?
A. Capital
B. Deposit
C. Hoarding
D. Profit
What term is given to unemployment caused by a downturn in the business cycle ?
What term is given to unemployment caused by a downturn in the business cycle ?
A. Underemployment
B. Disguised unemployment
C. Temporary unemployment
D. Cyclical unemployment
Devaluation of currency can help to increase exports if elasticity of demand of exportable items in other countries is ?
Devaluation of currency can help to increase exports if elasticity of demand of exportable items in other countries is ?
A. Less than one
B. Greater than one
C. Equal to one
D. Zero
If GNP of Pakistan rises. it will encourage ?
If GNP of Pakistan rises. it will encourage ?
A. Exports
B. Imports
C. Both
D. None
The branch banking system is in vogue in most countries of the world. In which country was it first developed?
The branch banking system is in vogue in most countries of the world. In which country was it first developed?
A. South Africa
B. UK
C. Canada
D. Australia
Theory of comparative advantages was presented by ?
Theory of comparative advantages was presented by ?
A. Adam Smith
B. Ricardo
C. Hicks
D. Barron
Open market Operation is ?
Open market Operation is ?
A. Buying and selling bills of exchange
B. Buying and Selling govt. securities
C. Buying and selling s of companies
D. Buying and selling foreign exchanges
Central bank’s rate of lending to commercial banks is called ?
Central bank’s rate of lending to commercial banks is called ?
A. Interest rate
B. Discount rate
C. Money rate
D. Control rate
Which is the most widely used tool of monetary policy ?
Which is the most widely used tool of monetary policy ?
A. Clearing house
B. Open-market operations
C. Discount rate
D. Issuing of notes