The currency of a major industrial country, such as the U.S dollar___________________?

Related Mcqs:

1. 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...

2. 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...

3. 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...

4. A decrease in the governmentally defined value of currency ____________________?

   A. Inflation B. Devaluation C. Cheapness D. All...

5. From of central bank that issues domestic currency for foreign exchange at fixed rates ?

   A. Stock exchange B. Currency board C. State Bank D. Commercial Bank...

6. The gradual decline over time in the value or price of one currency in terms of another as a result of market forces of supply and demand ?

   A. Depreciation B. Downsizing C. Rightsizing D. All...

7. 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...

8. 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...

9. An economic plan that sets targets to cover all the major sectors of the national economy?

   A. Centralized plan B. Comprehensive plan C. Commune D. None...

10. All goods and services produced in a country in one year are called its__________________?

    A. GNP B. GDP C. NDP D. None of these...