Question # 1

A Parliamentary Government cannot function without:

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Write Constitution

Rigid constitution

Political Parties

Independent Judiciary

earning form primary products are often us unstable because:

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Demand is price elastic

Supply is price elastic

Supply conditions are relatively stable

Supply conditions are unstable

The BEU is an economic union,What does it stand for:

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Belgian Economic Union

British Economic Union

Benelux Economic Union

Bombay Economic Union

When total utility becomes maximum then marginal utility will be:

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Minimum

Average

Zero

Negative

When surplus occurs?

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The price of the good decreases

The quantity demanded is greater than the quantity supplied

The quantity supplied is greater than the quantity demanded

The quantity demanded is equal to the quantity supplied

The precautionary demand for money is:

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An idle balance

An active balance

Directly related to interest rates

Inversely related to income

Share premium account can be used for-

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Paying tax liability

Meeting the cost of issue of shares or debentures

Paying Dividend on shares

Meeting the loss on sale of old asset

The sudden and violent overthrow of a government almost invariably by military is termed as:

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Revolution

Political change

Coup d' etat

none of these

What theory explains why deflation may actually leads to an increase in GDP?

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Solow Effect

rational Expectations

Pigou effect

Adaptive Expectations

Who made the decision to name a single currency the Euro?

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European Commision

European Council

European Parliament

European Central Bank

NTC is the abbreviation of which organization;

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National Tobacco company

National Tea company

National Tea corporation

National Textile corporation

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