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English
Economics
History & Civics
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Question-1
The situation in which there is no change in level of output and employment is known as ________________
(A)
Economic growth
(B)
Economic instability stability
(C)
Economic stability
(D)
None of these
Question-2
Keynes argued that fluctuation in employment and output are due to fluctuation in ________________
(A)
Deflation
(B)
Higher levels of output
(C)
Private expenditure
(D)
None of these
Question-3
_________________ unemployment is a situation in which a person willing to work at the exiting wage rate can not find jobs.
(A)
Involuntary
(B)
Voluntary
(C)
Disguised
(D)
Frictional
Question-4
The process of increasing national income over a period of time is known as __________________
(A)
Economic growth
(B)
Economic development
(C)
Economic stability
(D)
None of these
Question-5
The rate of savings could be increased through __________________
(A)
Forced savings
(B)
Increasing rate of interest
(C)
Impose new taxes
(D)
All of these
Question-6
Extreme from of recession is known as _____________
(A)
Depression
(B)
Recession
(C)
Boom
(D)
Recovery
Question-7
_________________ unemployment is a temporary unemployment phenomenon.
(A)
Structural
(B)
Voluntary
(C)
Disguised
(D)
Frictional
Question-8
Contractionry fiscal policy reduces ____________________
(A)
Aggregate demand
(B)
Government expenditure
(C)
demand pull inflation
(D)
All of these
Question-9
Private investment could be increased by providing _________________
(A)
Tax holidays
(B)
Investment subsidies
(C)
Development rebates
(D)
All of these
Question-10
External equilibrium is the objective of _________________
(A)
Foreign policy
(B)
Fiscal policy
(C)
Foreign diplomacy
(D)
None of these
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