Question # 1

The Keynesian theory of employment provides the solution of?

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Frictional unemployment

Disguised unemployment

Cyclical unemployment

Seasonal unemployment

The Phrase ''citizen diplomacy'' was first coined by:

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Edmund Gullion

James Cable

Mr.Joseph Montville

David Hoffman

Feeling of loyalty and attachment to one's nation or nation-state and strong support for tits interests is known as:

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Loyalty

Nationalism

Patriotism

none of these

What is a hard currency?

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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

Which of the following concepts is not an explanation to why the aggregate demand curve is downward sloping?

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Wealth Effect

Exchange Rate Effect

Interest Rate Effect

Production

Fiscal deficit in the budget means:

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Revenue deficit plus the net borrowings of the government

Budgetary deficit plus the net borrowings of the government

Capital deficit plus revenue deficit

Primary deficit minus capital deficit

Who is known as father of economics?

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David Riccardo

Thomas Malthus

jean Colbert

Adam smith

Which one of the following is not an element of Democratic Socialism?

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Welfare state

Mixed economy

Social justice

Revolutionary change

Which country used Giant Pandas as diplomatic gifts to other countries (this term is famous as panda Diplomacy)?

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China

USA

France

Uruguay

What is a micron filter?

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A component which finely filters contaminants form a system

A pump which automatically cleans loose rubber form aircraft tires after landing

A filter which protect passengers form radar emissions

A device used to cancel static and feedback in a pilot's microphone

What is the main characteristic of a capialist of free market economy:

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Individuals are the owners factors of Production

Profit is the min motives of carrying out various activities

Consumer freedom

All of above

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