A. Sending of money to someone at distance
B. The sum of money sent
C. Both of them
D. None of them
Related Mcqs:
- Downsizing is______________?
A. to make in a smaller size
B. to make in a actual size
C. to make in a half size
D. None of the above - How is termed the ability to buy ?
A. Purchasing power
B. Income level
C. Gross purchasing power
D. Purchasing power parities (PPP) - Mention the theory of inflation or price increase that results from so-called excess demand ?
A. Demand curve theory
B. Cost-push inflation
C. Demand-pull inflation
D. Demand push inflation - Mention the name for economic theory that the support of business that allows them to flourish will eventually benefit middle- and lower-income people in the form of increased economic activity and reduced unemployment?
A. End benefit
B. Trickle down
C. Free market
D. Capitalism - Market in which forces of demand and supply are not in the control of government is called ?
A. Market Economy
B. Free Market
C. Both of them
D. None of them - To determine the correct level of GNP, it is necessary to ?
A. To add up the values of goods and services for one year
B. Add up all savings
C. To count all imports
D. To add up the value of semi-finished goods - Government policy about exports and imports is called ?
A. Monetary policy
B. Fiscal policy
C. Commercial policy
D. Finance policy - What meant by excise ?
A. A tax levied on certain articles produced and consumed in a country
B. A licensing charge or a fee levied for certain privileges
C. Both of these
D. None of the above - Which term is used for a country’s holdings of intentionally acceptable means of payment ?
A. Holdings
B. Reserves
C. Foreign currency
D. Treasure - A tax on imports exports, or consumption goods is called ?
A. Drawback
B. Duty
C. Custom
D. Excise