A. Increase in taxation
B. Increase in savings
C. Increase in govt. spending
D. Decrease in consumption spending
Economics Mcqs
The sum of total income received for the services of labor, land or capital in a country is called?
A. Gross domestic product
B. National income
C. Gross domestic income
D. Gross national income
Fiscal deficit in the budget means ?
A. Revenue deficit plus the net borrowings of the government
B. Budgetary deficits plus the net borrowings of the government
C. Capital deficit plus revenue deficit
D. Primary deficit minus capital deficit
National income refers to ?
A. Money value of goods and and services produced in a country during a year.
B. Money value of stocks and shares of a country during a year.
C. Money value of capital goods produced by a country during a year.
D. None of these
‘Forex’ stands for ?
A. For examine
B. Foreign exchange
C. Foreign exports
D. None of these
Pakistan follows the policy of……………?
A. Fixed exchange rate
B. Flexible exchange rate
C. controlled exchange rate
D. Increasing exchange rate
What could a government do to correct the current account deficit ?
A. Reduce the deficit on the balance of trade
B. Reduce the repayment of loans
C. Reduce the surplus on the capital account
D. Reduce the volume of exports
When stock market is falling it is……………?
A. Bearish
B. Bullish
C. Crash
D. Fall down
The govt. can control inflation by…………..?
A. Increasing demand for goods
B. Increasing supply of goods
C. Increasing money supply
D. Decreasing taxes
Which property the paper money does not process ?
A. Acceptability
B. Divisibility
C. Durability
D. Portability