What is Debt retirement _____?
A. To write off debt
B. To reschedule debt
C. To repay debt in easy installments
D. The complete repayment of debt
What is called a Tax on imports, exports ?
A. Drawback
B. Duty
C. Custom
D. Excise
What do you understand by Laissez faire ?
A. Active intervention
B. Sound commercial affairs
C. Interference by the state in law and order
D. None of these
Which is the oldest stock exchange of the world ?
A. New York stock exchange
B. Tokyo stock exchange
C. London stock exchange
D. None of them
Inflation means ?
A. Rise in budget deficit
B. Rise in money supply
C. Rise in general price index
D. Reflection
The term ‘real wage’ means the money wage” ?
A. after tax
B. allowing for change in prices.
C. Plus, benefits in kind
D. plus, overtime payments.
Which measures. taken by a government would be intended to raise the price of imports ?
A. Embargoes
B. Foreign exchange controls
C. Quotas
D. Tariffs
An essential attribute of inflation is ?
A. Fall in production
B. Increase in prices
C. Stagflation
D. None of these
A very rapid growth in prices in which money loses its value to the point where even barter may be preferable is known as ?
A. Inflation
B. Hyper-inflation
C. Deflation
D. Disinflation
Monetary policy is regulated by ?
A. Money lenders
B. Central Bank
C. Private entrepreneurs
D. Government policy
