[{"id":133979,"question":"The systematic record of visible and invisible exports and imports of a country in one year is called","choices":[{"text":"Balance of trade","value":"A"},{"text":"Balance of payment","value":"B"},{"text":"External balance","value":"C"},{"text":"Internal balance","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":133978,"question":"The systematic record of the money value of visible exports and visible imports of one year of country is called","choices":[{"text":"Balance of trade","value":"A"},{"text":"Balance of payment","value":"B"},{"text":"International balance","value":"C"},{"text":"External balance","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":133977,"question":"The trade that takes place between the inhabitants of two countries is called","choices":[{"text":"Domestic trade","value":"A"},{"text":"International trade","value":"B"},{"text":"National trade","value":"C"},{"text":"Regional Trade","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":133976,"question":"The trade that takes place between the individuals living in different areas of a country is called","choices":[{"text":"Domestic trade","value":"A"},{"text":"International trade","value":"B"},{"text":"Foreign trade","value":"C"},{"text":"Regional Trade","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":133973,"question":"\" International balance of payment is all that transaction for which either foreign exchange is spent or received.\" This definition is stated by","choices":[{"text":"Prof. Marshal","value":"A"},{"text":"Prof.Samuelson","value":"B"},{"text":"Prof. Ricardo","value":"C"},{"text":"Prof. Hicks","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":133972,"question":"During depression, increases","choices":[{"text":"Unemployment","value":"A"},{"text":"Employment","value":"B"},{"text":"Profit","value":"C"},{"text":"Production","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":133971,"question":"The innovation theory of trade cycles was presented by","choices":[{"text":"Hayek","value":"A"},{"text":"Hawtray","value":"B"},{"text":"Schumpeter","value":"C"},{"text":"Pigou","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":133970,"question":"According to Prof. Jugglar a trade cycle comletes in","choices":[{"text":"Five to six years","value":"A"},{"text":"Nine to ten years","value":"B"},{"text":"Ten to eleven years","value":"C"},{"text":"Eleven to twelve years","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":133969,"question":"According to Prof. Kitchen a trade cycle completes in","choices":[{"text":"Two years six months","value":"A"},{"text":"Three years or Fifty years","value":"B"},{"text":"Fifty years or Sixty years","value":"C"},{"text":"Sixty years or Seventy years","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":133968,"question":"During the phase of recovery prices, wages, interest rate and profits","choices":[{"text":"Start falling gradually","value":"A"},{"text":"Start rising gradually","value":"B"},{"text":"are highest","value":"C"},{"text":"are lowest","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":133967,"question":"During the phase of boom level of income and employment is","choices":[{"text":"Increasing","value":"A"},{"text":"Decreasing","value":"B"},{"text":"Highest","value":"C"},{"text":"Lowest","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":133966,"question":"During the phase of recession prices of goods","choices":[{"text":"Start rising","value":"A"},{"text":"Start falling","value":"B"},{"text":"are highest","value":"C"},{"text":"are lowest","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":133965,"question":"Which phase starts with the increase in expected rate of profit","choices":[{"text":"Depression","value":"A"},{"text":"Recovery","value":"B"},{"text":"Boom","value":"C"},{"text":"Recession","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":133964,"question":"During recession demand for factors of production is","choices":[{"text":"More","value":"A"},{"text":"Limited","value":"B"},{"text":"Very low","value":"C"},{"text":"Too much","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":133963,"question":"Economy gets prosperity during","choices":[{"text":"Recession","value":"A"},{"text":"Depression","value":"B"},{"text":"Boom","value":"C"},{"text":"Recovery","value":"D"},{"value":"E"}],"correctAnswer":3}]