Economics Mcqs
Malaysia is the chief exporter of ?

A. jute
B. diamond
C. tin
D. rubber

South Africa is the chief exporter of ?

A. coffee
B. copper
C. diamond
D. gold

Which country is the chief exporter of jute ?

A. bangladesh
B. india
C. both of them
D. none of them

Which of the following is not an indirect tax ?

A. income tax
B. sales tax
C. custom duty
D. tariff

USA is the chief exporter of ?

A. coal
B. copper
C. cotton
D. all of these

Interest that is calculated as a simple percentage of the original principal amount is called ?

A. market interest
B. easy interest
C. compound interest
D. simple interest

Which of the following is a form of international reserve assets, created by IMF in 1967 whose value is based on a portfolio of widely used currencies ?

A. special drawing right (sdr)
B. imf drawing rights (sdr)
C. international drawing right (idr)
D. sure, drawing rights (sdr)