World Economy Test 03 Online Mcqs Preparation Shani Malik — April 24, 2018 in Economics • add comment World Economy Test 03 Online Mcqs Preparation 1. What is the main function of money ?A. To buy eatables from the market B. To earn interest from a bankC. To serve as a medium of exchangeD. To buy luxurious goods Loading... 2. Supply usually lags behind in the case of :A. EntertainmentB. Personal serviceC. NecessitiesD. Luxuries Loading... 3. The sum of money paid on shares to a shareholder by a public limited company out of its profits is called ?A. InterestB. DividendC. BonusD. Annuity Loading... 4. The price of a commodity is fixed :A. By demand and supply of a commodityB. By demand of a commodityC. By the governmentD. By supply of a commodity Loading... 5. Who among the following is a famous economist?A. MacaulayB. Max MullerC. Gunnar MyrdalD. Henry Francis Carry Loading... 6. The entrepreneur :A. Organizes and takes all responsibility for the business bearing the risks it entailsB. Provides the capital for the businessC. Benefits at the expense of the other people D. Formulates the policy Loading... 7. The worker's real wage depends on :A. His ability to saveB. His gross earnings C. His ability to increase productionD. The purchasing power of his earnings Loading... 8. In Poland the demand of 'Solidrity' is for :A. Holding of price level for common peopleB. Higher pays scales for laborersC. Right to make trade unionsD. Religious freedom Loading... 9. What is the currency of Bangladesh ?A. TakkaB. DinarC. Rial D. Rupee Loading... 10. Economics is :A. Creating maximum production B. Producing good at minimum costC. The science of planning and arranging the production, distribution and consumption of goods and services for the material welfare of mankindD. Producing buying and selling for maximum profit Loading... Loading...
