MCQOPTIONS
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MCQOPTIONS
This section includes 864 Mcqs, each offering curated multiple-choice questions to sharpen your General Knowledge (GK) knowledge and support exam preparation. Choose a topic below to get started.
| 851. |
The sale proceeds of Government Bonds come under the budget head of - |
| A. | Revenue Receipts |
| B. | Current Expenditure |
| C. | Capital Outlay |
| D. | Capital Receipts |
| Answer» E. | |
| 852. |
Privately owned banks operating cheque current accounts, receiving deposits, taking in and paying out notes and coins and making loans are generally called |
| A. | Central Banks |
| B. | Commercial Banks |
| C. | State Banks |
| D. | All of the above |
| Answer» C. State Banks | |
| 853. |
When there is an official change in the exchange rate of domestic currency, then it is called |
| A. | Appreciation |
| B. | Depreciation |
| C. | Revaluation |
| D. | Deflation |
| Answer» C. Revaluation | |
| 854. |
The action taken by a buyer or seller to product his business or assets against a change in prices is called |
| A. | Hedge |
| B. | Interest |
| C. | Shore |
| D. | Loan |
| Answer» B. Interest | |
| 855. |
The Law of Demand expresses - |
| A. | effect of change in price of a commodity on its demand |
| B. | effect of change in demand of a commodity on its price |
| C. | effect of change in demand of a commodity over the supply of its substitute |
| D. | (4) None of the above |
| Answer» B. effect of change in demand of a commodity on its price | |
| 856. |
Cross demand expresses the functional relationship between - |
| A. | demand and prices of related commodities |
| B. | demand and income |
| C. | demand and prices |
| D. | demand and supply |
| Answer» B. demand and income | |
| 857. |
The geographical shifts in domestic economic activity around the world and away from nation states is called: |
| A. | Foreign Trade |
| B. | Commerce |
| C. | Globalization |
| D. | Business |
| Answer» D. Business | |
| 858. |
The market economy in which both private and public enterprises participate in economic activity is called: |
| A. | Mixed Economy |
| B. | Open Economy |
| C. | Closed Economy |
| D. | All of the above |
| Answer» B. Open Economy | |
| 859. |
A measure taken in respect of economic activity that has the intention of damage to another country s economy is called: |
| A. | Economic Exploitation |
| B. | Economic Sanction |
| C. | Both of the above |
| D. | None of the above |
| Answer» C. Both of the above | |
| 860. |
Production function expresses - |
| A. | technological relationship between physical inputs and output |
| B. | financial relationship between physical inputs and output |
| C. | relationship between finance and technology |
| D. | relationship between factors of production |
| Answer» B. financial relationship between physical inputs and output | |
| 861. |
When there is one buyer and many sellers then that situation is called - |
| A. | Monopoly |
| B. | Single buyer right |
| C. | Down right |
| D. | Double buyers right |
| Answer» C. Down right | |
| 862. |
Short term contractions and expansions in economic activity are called |
| A. | Expansions |
| B. | Recession |
| C. | Deficits |
| D. | The business cycle |
| Answer» E. | |
| 863. |
The measure of a worker's real wage is |
| A. | The change in his productivity over a given time |
| B. | His earnings after deduction at source |
| C. | His daily earnings |
| D. | The purchasing power of his earnings |
| Answer» E. | |
| 864. |
Commercial banks create credit - |
| A. | on the basis of their securities |
| B. | on the basis of their assets |
| C. | on the basis of their reserve fund |
| D. | on the basis of their deposits |
| Answer» E. | |