Jun
11
When economic development takes place
(a) Specialisation increases(b) Commercialisation decreases(c) Market imperfections increase(d) None of the above
Tag: Economics
Jun
11
Economic growth is usually coupled with
(a) Deflation(b) Inflation(c) Hyper inflation(d) Stagflation
Jun
11
In an economy, a condition of lack of money supply in comparison to the supply of the goods services will lead to:
(a) Inflation(b) Deflation(c) Hyperinflation(d) Devaluation
Jun
11
When the prices of commodities, goods, and services start declining consistently, the phenomenon is known as
(a) Discount field(b) Deflation(c) Negative growth(d) Market capitalism
Jun
11
During the period of inflation, rates should
(a) Increase(b) Decrease(c) Remain constant(d) Fluctuate
Jun
11
In the parlance of economy/commerce, what is a ‘Gilt-edged market’?
(a) Gold and Silver market(b) Industrial securities market(c) Market of safe securities(d) Market of software technology products
Jun
11
The term stagflation refers to a situation where
(a) growth has no relation with the change in price(b) rate of growth and prices both are decreasing(c) rate of growth is faster than the rate of price increase(d) rate of growth is slower than the rate of price increase
Jun
11
Inflation is caused by
(a) Increase in supply of goods(b) Increase in cash with the government(c) Decrease in money supply(d) Increase in money supply
Jun
11
The process of curing inflation by reducing the money supply is called
(a) Cost-push inflation(b) Down–pull inflation/Demand pull inflation(c) Disinflation(d) Reflation
Jun
11
Rise in the price of a commodity means
(a) rise in the value of currency only(b) fall in the value of currency only(c) rise in the value of commodity only(d) fall in the value of currency and rise in the value of commodity