World Economy & Finance
81 questions available
FILTER BY SUBTOPIC
Q1.A situation where government spending exceeds its revenue is known as what?
Correct Answer: A
A fiscal or budget deficit occurs when expenditure exceeds revenue.
Q2.A sustained decline in the general price level is known as what?
Correct Answer: A
Deflation is a general fall in the price level.
Q3.A sustained increase in the general price level is known as what?
Correct Answer: A
Inflation is a general and sustained rise in prices.
Q4.Devaluation of a currency generally has what effect on exports?
Correct Answer: A
Devaluation lowers the foreign price of exports, making them more competitive.
Q5.GDP stands for which of the following?
Correct Answer: A
GDP is Gross Domestic Product, the total value of goods and services produced.
Q6.The combination of high inflation with stagnant growth is known as what?
Correct Answer: A
Stagflation is high inflation combined with economic stagnation and unemployment.
Q7.The difference between a country exports and imports is known as what?
Correct Answer: A
The balance of trade is the difference between exports and imports of goods.
Q8.Cautiously optimistic in economy means?
Correct Answer: A
Q9.In which year session of Indian National Congress held at the bank of ravi Ravi in Lahore?
Correct Answer: B
Q10.When was the Pak-china Economic Corridor Secretariat inaugurated in Islamabad:
Correct Answer: C
Q11.India's national song 'Vande Matram' is a part of which of the following novels of Bankim Chandra Chattopadhyay?
Correct Answer: A
Q12.NBA stands for ?
Correct Answer: C
Q13.Effective lesson plan is useful for.
Correct Answer: A
Q14.Guarantee made by company bank to foreign bank for import is called:
Correct Answer: B
Q15.Which factor has been the most rapidly changing component in an organization's general enviroment in the past quarter-century:
Correct Answer: C
Q16.Bank pass book is also known as:
Correct Answer: D
Q17.Bank overdraft is a ____________.
Correct Answer: A
Q18.Microeconomics theory is also known as:
Correct Answer: A
Q19.A nationwide electronic funds transfer network which enables participating banksfincial institutions to distribute electronic credit and debit entries to bank accounts and to settle such entries is termed as :
Correct Answer: B
Q20.Stock exchange is known as market for securities.
Correct Answer: B