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Economics Mcqs

Treasury bill is used for……………..?

A. Getting short term loans
B. Getting long term loans
C. Treasury bill in not credit instrument
D. Treasury bill is a govt. tax bill

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The bank established for loans to very small enterprises in Pakistan is called……………?

A. Micro Finance Bank
B. Moderba Bank
C. SME- Bank
D. First MINI Bank

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Which of the following is not a function of a commercial bank?

A. Accepting public deposits
B. Granting loan and advances
C. Undertaking agency functions
D. Banker to the government

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Balance of payments of a country includes ?

A. Balance of trade
B. Capital receipts and payments
C. Savings and investment account
D. A and B of above

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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

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Commercial policy means……………?

A. Policy about markets
B. Policy about money supply
C. Policy about imports and exports
D. Policy of controlling of prices of goods

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Oil is measured in barrels. What is the abbreviation for barrels…………….?

A. Brl
B. Bel
C. Bbl
D. Obl

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Exchange rate of which of the following currencies falls because of persistent balance of payments deficit ?

A. Gold currency
B. Hard currency
C. Silver currency
D. Soft currency

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From each according to his ability to each according to his need is the theoretical slogan of ?

A. Feudal System
B. Capitalist System
C. Fascist System
D. Communist System

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Which of the following is a valid currency…………..?

A. Promissory note
B. Currency note
C. Exchange rate
D. Bank cheque

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