Economics is very fascinating subject matter for several students as well as a need to for those that are going after the subject matter of business and also finance. The principal of economics are administered in our day to day life even. So in all most every test, the general knowledge paper absolutely consists of a few inquiry from globe of business and also finance in general. Also when one appears onÂ seminarr or interview, the general recognition of the applicant is examined from point of view of his passion in the field of present day company setting. Here are freash collection of 10 quizzes on the subject of economics.
Test Your Knowledge on Economics !
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Question 1A type of unemployment in which workers are in-between jobs are searching for new and better jobs is called ---- unemployment
frictional cyclical structural turnover
Question 2Assume that, in the population, 95 million people worked for pay last week, 5 million people did not work for pay but had been seeking a job, 5 million people did not work for pay and had not been seeking a job for the past several months, and 45 million were under age 16. The unem-ployment rate, given these numbers, is
5% 8% 10% 20% 45%
Question 3The period of the business cycle in which real GDP is increasing is called the
expansion peak recession trough stagftion
Question 4Which of the following statements is correct?
Real GDP is the total market value of the final goods and services produced in America for sale in a year valued in the price of 1992. Your buying stock in the stock market is an example of investment spending Potential Real GDP is always greater than Equilibrium Real GDP Social security and welfare are examples of spending on infrastruc- ture. All of the above
Question 5Which of the following carries out Open Market Operations?
Reserve Bank of India Planning Commission Finance Ministry External Affairs Ministry
Question 6In foreign trade, FOB means
Free on Berth Forward over Bank Free on Board Freedom of Bank
Question 7Chamber of commerce is a type of
association federation consolidation amalgamation
Question 8Treasury bills are sold in India by
Reserve of India State Governments Commercial Banks S E B I
Question 9Capital market acts as a bridge between
government and investor borrower and investor government and borrower banks and investors
Question 10A speculator on the stock exchange who expects the share prices to fall is called
bull bear stag lame duckOnce you are finished, click the button below. Any items you have not completed will be marked incorrect.There are 10 questions to complete.
You can find a lot of other sets of questions on the subject of business economics