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Question-1
The other name of trade cycle.
(A)
Business cycle
(B)
Fall in cycle
(C)
Growth cycle
(D)
Decentralisation
Question-2
The price of one in terms of another is:
(A)
Exchange rate
(B)
Imports
(C)
Exports
(D)
Economic growth
Question-3
Weight and Measures Act was passed in the year:
(A)
1949
(B)
1950
(C)
1951
(D)
1952
Question-4
A change in interest rate by government is:
(A)
Taxation
(B)
Repo rate
(C)
Monetary policy
(D)
Exchange rate
Question-5
When people are willing to do job, but cannot find anything, the condition is termed:
(A)
Inflation
(B)
Unemployment
(C)
Balance of payments
(D)
Real income
Question-6
GDP is:
(A)
Gross Domestic Product
(B)
Gradual Decreased Product
(C)
Gross Domicile Product
(D)
General Distribution Power
Question-7
Any change by the government in tax rate or public sector spending is:
(A)
Exchange rate
(B)
Reverse repo rate
(C)
Fiscal policy
(D)
Income tax
Question-8
Giving deliberately misleading impression about a product to a customer is dealt in:
(A)
Weight & Measures Act
(B)
Consumer credit
(C)
Trade Descriptions Act
(D)
Sale of Goods Act
Question-9
The policy used by Government to improve the efficient supply of goods and service in a country.
(A)
Monetary policy
(B)
Supply side policy
(C)
Fiscal policy
(D)
Exchange rate
Question-10
When price rising rapidly, it will give a chance to:
(A)
Unemployment
(B)
Economic growth
(C)
Inflation
(D)
Deflation
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Cambridge Advanced Grade 11
IGCSE
Practice in Related Chapters
Stakeholders in a Business
Managing a Business
Financing Business Activity
External Economic Influences on Business Behaviour
Enterprise
Business Structure
Size of Business
Business Objectives
The Purpose of Business Activity
Forms of Business Organisation
Types of Business Activity
Business Costs and Revenue
Recruitment,Training and Human Resources
Other External Influences on Business
Organisational Structure
Government and Economic Influences on Business
Communication in Business
Motivation at Work
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