4. J.B.Say is a
a) Neo Classical Economist b) Classical Economist c) Modern Economist d) New Economist
5. The component of aggregate demand is
a) Personal demand b) Government Expenditure c) Only Export d) only import
6. The sum of the MPC and MPS is
a) 1
b) 2
c) 0.1
d) 11
7. V in MV = PT equation stands for
a) Volume of Trade
b) Velocity of circulation of money
c) Volume of transaction
d) Volume of Bank and Credit money
8. A Commercial Bank is an institutions that provides services
a) Accepting deposits
b) Providing loans c) Both a and b d) None of the above.
9. Expansions of ATM
a) Automated Teller Machine
b) Adjustment Teller Machine
c) Automatic Teller Machine
d) Any Time Money
10. Exchange rates of determined in
a) Money market b) Foreign Exchange Market c) stock market d) capital market
II. SAARC meets once in
years,
a) 2
b)3
c) 4
d) 5
12. The other name of Special Drawing Rights
a) Paper gold
b) Quotas c) Voluntary Export Restrictions d) None of these
Answers
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Answer:
4. b) classical economist
5.b) government expenditure
6.a) 1
7. b) Velocity of circulation of money
8.c) Both a and b
9.c) Automatic Teller Machine
10.b) Foreign Exchange Market
11.a)2
12.a) Paper gold
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