The system under which a country’s currency is exchangeable for a fixed weight of gold on demand at central bank is called ?

Related Mcqs:

How is termed the legal proceeding in which debtor remains unable to pay his creditors in full ?

A. Bankruptcy B. Default C. Total loss D. Crash...

Which economics doctrine opposes government regulation or interference in commerce beyond the minimum necessary for a free enterprise system to operate according to its own economics laws and non-interference in affairs of others ?

A. Free market economy B. Laissez faire also Laisser faire C. Open market economy D. Liberal market economy...

Term a tax or duty rebate on imported goods that are exported at a later date ?

A. Duty B. Custom C. Rebut D. Drawback...

What are called goods that satisfy human wants through their direct use ?

A. cash goods B. consumer items C. consumer goods D. cash items...

Which of the following is not rated by credit rating agencies ?

A. Shares B. Debentures and bonds C. Commercial paper D. Government securities...