Terminology MCQs Online Test

Terminology Online Test

Sr. #	Questions	Answers Choice
1	Whose opinions have revolutionized the scope of macro economics?	Adam Smith J.B Say J,M Keynes All of the above
2	Which is the monetary measure to control inflation?	Increases in taxation Decreases in taxation Soft credit policy Hard credit policy
3	Which is not a monetary measure to control inflation?	Soft loan policy Hard credit policy Tight the regulation of money issue To reduce the quantity of money
4	Deficit financing increases-	Rate of money inflation Rate of money deflation Rate of devaluation All of the above
5	What is necessary to control cost push inflation?	To impose control on wages of labour To remove market imperfections Both of the above None of the above
6	Process of economic development means:	Economic change Social change Ethical, institutional and cultural change All of these
7	What is a hard currency?	Whose external value is increasing Which can be acquired only with official permission Which can be obtained only against sale of gold Which is accepted in International transactions
8	In comparison to revenue deficit; the size of fiscal deficit is always	Higher Smaller Similar Uncertain
9	Which included Capital budget?	Income received from public borrowings Income received from tax-sources Income received from non-tax sources All of the above
10	When was Asian Development bank established?	1966 1967 1968 1965