| 1 |
Foreign exchange is used in |
- A. Local trade
- B. Regional trade
- C. Domestic trade
- D. International trade
|
| 2 |
The first great depression was appeared in: |
- A. 1934
- B. 1930
- C. 1932
- D. 1936
|
| 3 |
One of the following is not advantage of international trade |
- A. Provision of necessities of life
- B. Imperfections of market
- C. Provision of medicines & machinery
- D. Provision of necessities of defence
|
| 4 |
When general price level increases due to increase in aggregate demand, it is known as? |
- A. Stagflation
- B. Hyper inflation
- C. Demand pull inflation
- D. Cost push inflation
|
| 5 |
When there is inflation attached with high unemployment level, it is called ? |
- A. Stagflation
- B. Hyper inflation
- C. Demand pull inflation
- D. Cost push inflation
|
| 6 |
Cheque is which kind of money: |
- A. Credit money
- B. Paper money
- C. Standard money
- D. Legal money
|
| 7 |
The relation between quantity of money and price is: |
- A. Positive
- B. Negative
- C. Direct
- D. Inverse
|
| 8 |
In which year international monetary fund was established |
- A. 1941
- B. 1944
- C. 1945
- D. 1947
|
| 9 |
Quantity theory of money was introduced by: |
- A. Fisher
- B. Marshall
- C. Crowther
- D. J.S Mill
|
| 10 |
Deflation means: |
- A. Rapid increase in price level
- B. General decrease in price level
- C. General increase in price level
- D. Both a and c
|
