World Economy Test 03 Online Mcqs Preparation

1. The entrepreneur :

A. Organizes and takes all responsibility for the business bearing the risks it entails

B. Provides the capital for the business

C. Benefits at the expense of the other people

D. Formulates the policy

2. What is the currency of Bangladesh ?

A. Rupee

B. Dinar

C. Rial

D. Takka

3. What is the main function of money ?

A. To buy luxurious goods

B. To earn interest from a bank

C. To serve as a medium of exchange

D. To buy eatables from the market

4. Economics is :

A. Creating maximum production

B. Producing buying and selling for maximum profit

C. The science of planning and arranging the production, distribution and consumption of goods and services for the material welfare of mankind

D. Producing good at minimum cost

5. The worker's real wage depends on :

A. His ability to increase production

B. His gross earnings

C. The purchasing power of his earnings

D. His ability to save

6. The price of a commodity is fixed :

A. By demand and supply of a commodity

B. By supply of a commodity

C. By the government

D. By demand of a commodity

7. In Poland the demand of 'Solidrity' is for :

A. Right to make trade unions

B. Higher pays scales for laborers

C. Religious freedom

D. Holding of price level for common people

8. Who among the following is a famous economist?

A. Max Muller

B. Gunnar Myrdal

C. Henry Francis Carry

D. Macaulay

9. The sum of money paid on shares to a shareholder by a public limited company out of its profits is called ?

A. Dividend

B. Annuity

C. Interest

D. Bonus

10. Supply usually lags behind in the case of :

A. Necessities

B. Personal service

C. Luxuries

D. Entertainment

World Economy Test 03 Online Mcqs Preparation

World Economy Test 03 Online Mcqs Preparation

Related NTS Results Post:

Leave a Reply Cancel reply

Home → Economics

World Economy Test 03 Online Mcqs Preparation

Related NTS Results Post:

Leave a Reply Cancel reply