A summary statement of a nations financial transactions with the outside world ?

Related Mcqs:

1. Major financial institution responsible for issuing currency, managing foreign reserves implementing monetary policy and providing banking service to the govt. and commercial banks ?

   A. Central Bank
   B. State Bank
   C. Both
   D. None

2. Any financial institution that serves to channel loan able funds savers to borrowers?

   A. Financial intermediary
   B. IMF
   C. Both
   D. None

3. Activities of central bank designed to influence financial variables such as money supply and interest rates?

   A. Fiscal policy
   B. Economic policy
   C. Monitory policy
   D. None

4. “Wealth of nations” was written by_________________?

   A. Lewis
   B. Rostow
   C. Keynes
   D. Adam Smith

5. Cooperation among unification of the economies of different nations is termed as_____________________?

   A. Economic Bloc
   B. Economic integration
   C. Economic union
   D. none

6. A bank which lends to developing nations to help them increase their capital stock and this achieve economic growth ?

   A. IMF
   B. Islamic Bank
   C. Commercial bank
   D. None

7. The absence of artificial barriers to trade among individuals and firms in different nations ?

   A. Free trade
   B. Free economy
   C. Trade union
   D. None

8. In less developed nations economic dependency burden is__________________?

   A. 65 % of the population
   B. 55 % of the population
   C. 35 % of the population
   D. 45 % of the population

9. In richer nations children are______________% of the dependents?

   A. 60 %
   B. 70 %
   C. 66 %
   D. 45%

10. In least developed nations dependent children are__________________?

    A. 60 %
    B. 90 %
    C. 50 %
    D. 70 %