Question : _________ economy is one which is growing at a very low rate.
Option 1: Stagnant economy
Option 2: Depleted economy
Option 3: Amputated economy
Option 4: Semi-feudal economy
Correct Answer: Stagnant economy
Solution : A stagnant economy is one which is growing at a very low rate. Hence, option A is correct.
Question : Barter exchange is also known as
Option 1: C-C economy
Option 2: B-B economy
Option 3: D-D economy
Option 4: A-A economy
Question : What is the term used to describe the rate at which one currency can be exchanged for another currency?
Option 1: Exchange rate
Option 2: Interest rate
Option 3: Inflation rate
Option 4: GDP growth rate
Question : Which of the following statement is correct?
Option 1: Both are true
Option 2: Both are false
Option 3: Statement 1 is true and statement 2 is false.
Option 4: Statement 2 is true and statement 1 is false.
Question : The fertility rate is low in __, very high in ____.
Option 1: China and India
Option 2: China and Pakistan
Option 3: India and China
Option 4: India and Pakistan
Question : The Central Bank may reduce Cash Reserve Ratio
Option 1: To encourage investment in the economy
Option 2: To decrease the investment in economy
Option 3: To increase the exchange rate
Option 4: To decrease the exchange rate
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