Category: Basic of Economics

A. Currency traded in foreign exchange market for which demand is persistently relative to the supply
B. Currency Which is used in times of war
C. Currency which loses its value very fast
D. None of these

A. Increase in the amount of circulating money
B. Lowering of purchasing power
C. Decrease in the amount of circulation money
D. None of the above

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

A. Payment made for the use of another person’s money
B. payment made for the use of bank’s money
C. Share in profit
D. Devaluation in the currency

A. Profit in a year
B. Statements of accounts that shows debit and credit accounts under the broad heads
C. Performance of a company
D. Accurate economic position

A. Mutual arrangement
B. Quid Pro quo
C. Bilateral arrangement
D. common interest

A. Frankfurt
B. Bonn
C. Berlin
D. Stuttgart

A. National income
B. Per capita income
C. Poverty ratio
D. None of these

A. an even distribution of income
B. an incentive to innovate
C. a wide range of public goods
D. full employment of labor

A. Income tax
B. Sales tax
C. Custom duty
D. Tariff