Terminology Online Test With Answers

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Terminology Online Test

Sr. # Questions Answers Choice
1 World Development report is issued annually by? IMF ILO WHO World Bank
2 A movement along the demand curve may be caused by A change in income A change in the number of buyers A change in advertising A shift in supply
3 A constitutionally recognized body is- Planning Commission Finance commission Forward Commission Farmers Commission
4 A currency swap refer to- A spot sale of currency combined with a forward repurchase of the same currency-as part of single transaction A forward sale of currency combined with a forward repurchase of the same currency - as part of a single transaction A forward sale of currency combined with a forward repurchase of the same currency in two different transactions All of the above
5 Hedging and speculation in forx markets- Are opposite activites Parallel activites Same activites All of the above
6 A reduction in the money supply is likely to: Reduce the interest rate Increase the interest rate Increase inflation Decrease deflation
7 A fall in interest rates is likely to: Increase aggregate demand Increase savings Decrease consumption Decrease exports
8 Where is the headquarters of East African Development Bank? Uganda South Africa Zambia Zimbabwe
9 The liquidity trap occurs when the demand for money: Is perfectly interest elastic Is perfectly interest inelastic Means that an increase in money supply leads to a fall in the interest rate
10 A business owned and run by one person? All of the above One man show Sole proprietorship That doesn't exist
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