World Economy Test 02 Online Mcqs Preparation Shani Malik — April 24, 2018 in Economics • add comment World Economy Test 02 Online Mcqs Preparation 1. The largest automobile manufacturing center in the world is at:A. ParisB. TokyoC. DetroitD. Birmingham Loading... 2. Changes in the standard of living of the people in a country are indicated best by changes in the :A. Wholesale price indexB. Index of industrial productivityC. Per capita incomeD. Cost of living index Loading... 3. Which of the following is a non-economic activity ?A. Sweeper cleaning the streets B. Danseuse performing at a theaterC. Mother tending her sick childD. Professor instructing his students Loading... 4. The Law of Diminishing Returns applies to :A. CapitalB. Merchandising C. ProductionD. Land Loading... 5. The currency of Bangladesh is the :A. TakkaB. Rupee C. RupiahD. Rial Loading... 6. Which of the following world be a 'fixed cost' to a manufacturing firm ?A. Machinery and plantB. Raw materialC. Replacement of loanD. Wages Loading... 7. The theory of 'surplus value' is associated with ?A. Fabian socialismB. Communism C. SocialismD. Guild socialism Loading... 8. When prices are rising, one of the ways of bringing about reduction in prices would be to:A. Increase the availability of goods B. Increase government spendingC. Reduce the rate of personal income taxD. Lower interest rate Loading... 9. The cause of high inflation is :A. Shortage of goodsB. Superior quality of goodsC. Black-marketD. High prices Loading... 10. Banks charge higher rate of interest on the score of :A. Purpose of loanB. Risk involved C. Type of customerD. Nature of goods Loading... Loading... Related NTS Results Post:World Economy Test 01 Online Mcqs PreparationWorld Economy Test 03 Online Mcqs PreparationEconomy of Pakistan Test 01 Online PreparationCurrent Affairs April 2018 Pakistan and WorldPakistan and World Current Affairs June 2018Geography Test 1 Mcqs Online PreparationChemistry MCQs Test 05 Online PreparationChemistry MCQs Test 06 Online Preparation