What can a central bank increase in order to reduce consumer borrowing ?

A. commercial bank deposits
B. government bank deposits
C. government spending
D. interest rates

With whom would you associate the following quote” The business of business is business” ?

A. milton friedman
B. adam smith
C. alfred marshal
D. karl marx

Which of the following can be used for check inflation temporarily ?

A. increase in wages
B. decrease in money supply
C. decrease in tax
D. none of these

The period of high inflation and low economic growth is termed as ?

A. stagnation
B. take-off stage in economy
C. stagflation
D. none of these

Devaluation means ?

A. converting rupee into gold
B. lowering of the value of one currency in comparison of some foreign currency
C. making rupee dearer in comparison to some foreign currency
D. none of these

Which of the following is regarded as a factor of production ?

A. capital
B. interest
C. profit
D. none of these

Which type of income is earned only the actor of production enterprise ?

A. interest
B. profit
C. rent
D. wages

Which of the following must always balance ?

A. the balance of visible trade
B. the balance of invisible trade
C. the balance on the current account
D. the balance of payments

Large payment to senior employee who is forced into retirement is called ?

A. golden bonus
B. golden shake hand
C. friendly handshake
D. golden handshake

When the stock market is down falling it is called ?

A. bullish
B. bearish
C. falling
D. crashing