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.Management Sciences
Category: Basic of Economics
Mention the theory of inflation or price increase that results from so-called excess demand ?
A. Demand curve theory
B. Cost-push inflation
C. Demand-pull inflation
D. Demand push inflation
A tax which is paid by the person on whom the tax is incident is called a ?
A. Local tax
B. Indirect tax
C. Direct tax
D. Rate
The period of high inflation and low economic growth is termed as ?
A. Stagnation
B. Take-off stage in economy
C. Stagflation
D. None of these
What is called an internet strategy of dealing directly with business rather than consumer ?
A. B2B
B. Indirect contact
C. Step by step
D. Trickle down
Which of the following is not required while computing Gross National Product (GNP) ?
A. Net foreign investment
B. Private investment
C. Per capita income of citizens
D. None of the above
What is Dumping ?
A. sale of goods in large quantities with high quality
B. Scale of goods in large quantities with low quality
C. Scale of goods in large quantities and at low price
D. Scale of goods in large quantities with High price
Group of Singapore, Hong, Kong, Taiwan, and south Korea is called?
A. Four Dragons
B. Little Tigers
C. Four Tigers
D. All of these
The power of a bank to create credit is affected by ?
A. The cash reserve requirement
B. The amount of cash available
C. The number of branches of a bank
D. A and B of above
An exchange arrangement was formed in 1979 that governs the currencies of European union member countries. What this arrangement called ?
A. European Currency System (ECS)
B. European Monetary Mechanism (EMM)
C. Common Monetary System (CMS)
D. European Monetary Fund (EMF)
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