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.Management Sciences
Category: Basic of Economics
Which city in Germany has the distinction of housing the first car manufacturing plant in the world ?
A. Frankfurt
B. Bonn
C. Berlin
D. Stuttgart
The standard of living in a country is represented by its ?
A. National income
B. Per capita income
C. Poverty ratio
D. None of these
What is more likely to be found in a free market economy than in a planned economy ?
A. an even distribution of income
B. an incentive to innovate
C. a wide range of public goods
D. full employment of labor
Government of Pakistan issues currency on the basis of__________________?
A. Availability of gold in the country
B. Availability of dollars in the country
C. Demand for money in the country
D. Tax collection
By Which scale the value of all economic activity produced by a nation during a given period is measured ?
A. Gross Domestic Product (GOP)
B. Gross National output (GNO)
C. Gross National Product (GNP)
D. Gross National output
Which situation will a country face, if the birth rate falls sharply, while the death rate remains unchanged ?
A. a fall in living standards
B. a more youthful population
C. an ageing population
D. an increase in population
Which function is performed by both commercial banks and central banks ?
A. Acting as bankers to the government
B. Advising the government on monetary policy
C. Dealing in foreign exchange
D. Fixing the main interest rate
Interest payments and any principal repayments which are due on a country’s external debt are known as ?
A. Debt Payment
B. Service Charges
C. Debt Charges
D. Debt service
Shareholders of a corporation elect individuals to carry out certain tasks that are establishment in the charter. What these individuals are called ?
A. Management
B. Board of Governor
C. Top brass
D. Board of Directors
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