Basic of Economics Mcqs


Q.  What is called the result of a state’s borrowing from its population, from foreign governments or from international institutions ?

a. National debt
b. Public debt
c. Both of them
d. None of them


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  There is method by which one currency is bought, sold or valued in terms of other currencies, gold or accounting units such as the Special Drawing Right of IMF. What is it called ?
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MCQs:  Endorsement means anything written upon the back of the document What does means by Endorse ?
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MCQs:  Which money is called ‘Earnest’ Money ?
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MCQs:  Downsizing is______________?
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MCQs:  Different workers or group of workers separate the production works and trade into__________processes. What this separation is called?
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MCQs:  What is referred by the discount rate________________?
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MCQs:  What does mean by Deed________________?
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MCQs:  Depression is a drastic decline in a national or international economy. It’s characteristic is_____________?
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MCQs:  What is Demand note ?
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MCQs:  Which term is used for a bank account which can be operated at will ?
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MCQs:  Cost of production plus a fixed rate of profit is called ?
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MCQs:  What is the cost effective ?
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MCQs:  Name the organization in which people are associated together for a common purpose under a common name. This organization is recognized and created by law ?
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MCQs:  Term the enterprise or organization which is managed by those who use its facilities or services ?
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MCQs:  Goods that satisfy human wants though their direct use or consumption are called______________?
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MCQs:  A country can still gain from trading certain goods even though its trading partners can produce those goods more cheaply. How is known this principle ?
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MCQs:  What is called a place of work where all workers within a section must belong to a single official recognized trade union ?
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MCQs:  Find out the term for the purpose that a buyer must pay for the goods at the time of its delivery ?
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MCQs:  The term Cartel refers to ?
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MCQs:  Point out the term for producer goods such as machinery that is used in production of commodities ?
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