A. Stock exchange
B. Currency board
C. State Bank
D. Commercial Bank
Related Mcqs:
- The use of foreign currency as a medium of exchange in place of or long with the local currency e.g. (Mdexican Pesos)___________________?
A. Partial substitution
B. Currency substitution
C. Currency devaluation
D. None - All the goods and services produced in a country in a year plus other sources of income for example foreign exchange earnings, foreign aid, foreign remittance, loans etc are called ?
A. GDP
B. NNp
C. NDP
D. GNP - The rate of exchange of one nation’s currency for another nation’s currency?
A. Exchange rate appreciation
B. Exchange rate depreciation
C. Exchange rate determinant
D. None of these - 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 - Sum total of currency in circulation plus commercial bank demand deposits and sometimes savings bank time deposits?
A. Money supply
B. Money lender
C. National income
D. None - 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 - Changes in govt. spending and tax collection designed to achieve a full employment and non-inflationary domestic out put is called___________________?
A. Fiscal policy
B. Economic planning
C. Economizing problem
D. None - Directing domestic resources to output which a nation is highly efficient at producing is called____________________?
A. International Trade
B. Speculation
C. International specialization
D. None - A deliberate effort to replace major consumer imports by promoting the emergence and expansion of domestic industries such as textile, shoes etc ?
A. Import substitution
B. Export substitution
C. Autarchy
D. Industrialization - Rates of open unemployment in developing world average ?
A. 20-40%
B. 8-15%
C. 35-45%
D. 40-60%
