The domestic requirement of oil seed has almost doubled during the last?

Related Mcqs:

1. With fixed exchange rates and no private currency flows, when the central bank buys domestic currency the domestic money supply is ?

   A. increased
   B. unaffected
   C. reduced
   D. None of these

2. The annual requirement of edible oil is nearly ?

   A. 1.5 million tones
   B. 1.6 million tones
   C. 1.7 million tones
   D. 1.9 million tones

3. For the oil-importing countries, the increase in oil prices in 1970s and early 2000s contributed to all of the following except ?

   A. balance of trade deficits
   B. price inflation
   C. constrained economic growth
   D. improving terms of trade

4. For year the U.S government levied quotas on inexpensive oil imported from the Middle East The quotas led to cost increases for U.S consumers totaling $3 billion for oil products. An apparent justification of this policy was that ?

   A. U.S oil companies and workers deserved higher incomes
   B. U.S oil was of superior quality and merited higher prices
   C. one should not be too dependent on foreign suppliers of crucial resources
   D. The U.S government needed the quota revenue to balance its budget

5. During periods of growing domestic demand, an import quota ?

   A. is less restrictive on a country’s imports than a tariff
   B. Is more restrictive on a country’s imports than a tariff
   C. has the same restrictive effect on a country’s imports as a tariff
   D. will always generate increased tax revenue for the government

6. During the fiscal year 2009-10 gross fixed capital formation or domestic investment grew by ?

   A. 19.8%
   B. 10.3%
   C. 9.2%
   D. 11.5%

7. If export contracts are written in terms of foreign currency and import contracts are denominated in domestic currency a depreciation of the dollar during the currency contract period ?

   A. should increase the dollar value of exports
   B. should not have any effect on the dollar value of U.S imports
   C. must increase the balance of trade
   D. All of the above

8. If a tax on a good is doubled the deadweight loss from the tax ?

   A. doubles
   B. stays the same
   C. increase by a factor of four.
   D. could rise or fall

9. Which index combines measures of calorie availability (in relation to requirement) the growth of per capita daily energy supply food production food staples self-sufficiency, and variability of food production and consumption ?

   A. food sufficiency index
   B. food security index
   C. food self-intake index
   D. food growth index

10. The public Sector Net Cash Requirement (PSNCR) is ?

    A. A measure of the country’s trade position
    B. A measure of the country’s budget position
    C. A measure of the country’s total debt
    D. A measure of the government’s monetary stance