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Question-1
Which one is not the main components of fiscal policy?
(A)
Public revenue
(B)
Cash reserve ratio
(C)
Public debt
(D)
Public expenditure
Question-2
Full employment means _______________
(A)
Most of the people are employed
(B)
Resources are fully utilized
(C)
Production is maximum
(D)
All of these
Question-3
The aim of fiscal policy in less developed country (LDC?s) is to __________________
(A)
Reduce inflation
(B)
faster economic growth
(C)
Reduce inequalities
(D)
All of these
Question-4
large changes in prices would lead to __________________
(A)
Insatbility
(B)
Uncertainty
(C)
Business failures
(D)
All of these
Question-5
__________________ unemployment is a situation in which a person is not willing to work at the existing wage rate.
(A)
Involuntary
(B)
Voluntary
(C)
Disguised
(D)
Frictional
Question-6
The main components of fiscal policy are _________________
(A)
Public revenue
(B)
Public expenditure
(C)
Public debt
(D)
all of these
Question-7
Government policy with respect to taxation, borrowing, public expenditure is known as
(A)
Money supply
(B)
Fiscal policy
(C)
Physical policy
(D)
Monetary policy
Question-8
Economic growth helps in _________________
(A)
Production of goods
(B)
Production of services
(C)
Raise the standard of living
(D)
All of these
Question-9
Full employment does not mean achieving ________________ level of unemployment.
(A)
Zero
(B)
Finite
(C)
Infinite
(D)
None of these
Question-10
Economic stability aims to bringing out _________________
(A)
Fluctuations
(B)
No fluctuations
(C)
Business cycles
(D)
None of these
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Plus 2 Humanities
ICSE/ISC
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Cost and Revenue Analysis
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National Income and Circular Flow of Income
Measurement of National Income
- GOVERNMENT BUDGET
PUBLIC FINANCE;TAXATION
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