Top 250+ Solved Business Economics MCQ Questions Answer
Q. The average income of a country is called
a. per capita income
b. disposable income
c. inflation rate
d. real national income
Q. The value of NNP at production point is called
a. nnp at factor cost
b. nnp at market price
c. gnp at market price
d. gnp at factor cost
Q. Restrictions on the use of foreign exchange by the Central bank are called _ .
a. exchange controls
b. Official transfers
c. Foreign exchange reserves
d. LAF
Q. Restrictions imposed on the quantity of imports is _ .
a. Surplus
b. Quotas
c. Balance
d. Tariffs
Q. TRIPs deals with _ .
a. intellectual property rights
b. Foreign investment
c. Foreign aid
d. Agriculture
Q. The current account of balance of payment does not include :
a. Balance of visible trade
b. Import of services
c. Unilateral services
d. Foreign investment
Q. Pick out the item which is not a part of unilateral transfers.
a. Gifts
b. Grants
c. Loan
d. Donation
Q. Donations, grants, gifts and such other payments which do not have counter obligations are known as :
a. Grants
b. Aid
c. Unilateral flows
d. Bilateral flow
Q. If the deficits in a country’s BOP persists for a long time it is a case of :
a. Structural disequilibrium
b. Fundamental disequilibrium
c. Cyclical disequilibrium
d. temporary disequilibrium