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Question-1
When a country is experiencing economic growth , this will result in:
(A)
Inflation
(B)
Living standards
(C)
Unemployment
(D)
Deflation
Question-2
A change in interest rate by government is:
(A)
Taxation
(B)
Repo rate
(C)
Monetary policy
(D)
Exchange rate
Question-3
Sale of Goods Act was passed in:
(A)
1979
(B)
1951
(C)
1968
(D)
1974
Question-4
The tax on the profits made by business is:
(A)
Corporate tax
(B)
Disposable income
(C)
Direct tax
(D)
Indirect tax
Question-5
Selling of illegal goods is dealt in:
(A)
Consumer credit
(B)
Weight and Measures
(C)
Trade description
(D)
Sale of Goods Act
Question-6
When price rising rapidly, it will give a chance to:
(A)
Unemployment
(B)
Economic growth
(C)
Inflation
(D)
Deflation
Question-7
A legal meeting which consider workers complaints of unfair dismissal or discrimination in work is:
(A)
Exchange rate
(B)
Ethical decision
(C)
Industrial tribunal
(D)
Race relation
Question-8
GDP is:
(A)
Gross Domestic Product
(B)
Gradual Decreased Product
(C)
Gross Domicile Product
(D)
General Distribution Power
Question-9
Economic growth will make a country:
(A)
Unemployment
(B)
Rich
(C)
Inflation
(D)
Deflation
Question-10
Which is paid directly from income?
(A)
Direct tax
(B)
Indirect tax
(C)
Fiscal policy
(D)
VAT
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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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