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English
Economics
History & Civics
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Question-1
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-2
Expansionary fiscal policy increases ___________________
(A)
Aggregate demand
(B)
Government expenditure
(C)
Inflation
(D)
All of these
Question-3
The main defect of implementing deficit finance is ___________________
(A)
Inflationary in nature
(B)
Deflaionary in nature
(C)
Brings balance budget
(D)
None of these
Question-4
_______________ is used to tackle deflation
(A)
Fical policy
(B)
Contractionary fiscal policy
(C)
Expansionary fiscal policy
(D)
None of these
Question-5
_________________ 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-6
Extreme from of recession is known as _____________
(A)
Depression
(B)
Recession
(C)
Boom
(D)
Recovery
Question-7
Depression is characterized by _________________
(A)
Deflation
(B)
Unemployment
(C)
Lower levels of output
(D)
All of these
Question-8
_______________ is a mechanism by which the deficits in the government budget is balanced
(A)
surplus budget
(B)
Deficit budget
(C)
balanced budget
(D)
None of these
Question-9
Boom is undesirable because of __________________
(A)
Deflation
(B)
Inflation
(C)
lower levels of output
(D)
None of these
Question-10
_________________ unemployment is a temporary unemployment phenomenon.
(A)
Structural
(B)
Voluntary
(C)
Disguised
(D)
Frictional
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Plus 2 Humanities
ICSE/ISC
Practice in Related Chapters
Micro Economic Theory
Theory of Consumer Behavior; Marginal Utility and Indifference Curve Analysis
Law of Supply and Price Elasticity of Supply
Laws of Returns - Returns to a Factor and Returns to Scale
Demand and Law of Demand
Elasticity of Demand
Cost and Revenue Analysis
FORMS OF MARKET
EQUILIBRIUM OF FIRM
Determination of Equilibrium Price and Output Under Perfect Competition Monopoly and Monopolistic
Equilibrium Price: Market Price
Nature of Goods and Services Produced
National Income Aggregates
INTERNATIONAL TRADE; NEED AND BASIS
Balance of Payments
Theory of Distribution: Marginal Productivity Theory and Determination of Wages
Public Expenditure
PUBLIC DEBT
Fiscal Policy and Deficit Financing
The Theory of Distribution: Rent, Interest and Profit
National Income and Circular Flow of Income
Measurement of National Income
- GOVERNMENT BUDGET
PUBLIC FINANCE;TAXATION
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