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( Interactive MCQs and Quizzes for Knowledge )
Which of the following world be a ‘fixed cost’ to a manufacturing firm ?
A. Machinery and plant
B. Replacement of loan
C. Wages
D. Raw materialThe largest automobile manufacturing centre in the world is at ___.
A. Detroit
B. Tokyo
C. Birmingham
D. ParisWhen prices are rising, one of the ways of bringing about reduction in prices would be to ___?
A. Increase government spending
B. Increase the availability of goods
C. Reduce the rate of personal income tax
D. Lower interest rateChanges in the standard of living of the people in a country are indicated best by changes in the ___?
A. Cost of living index
B. Index of industrial productivity
C. Per capita income
D. Wholesale price indexWhich activity is the Wall street in New York, U.S.A. associated ?
A. Defence
B. Films
C. Literary arts
D. Banking and FinanceWhat is the complete name of the World Bank ?
A. International Monetary Fund
B. International Development Authority
C. International Bank for Reconstruction and Development
D. International Finance CorporationDevaluation means:
A. Decrease in the value of money internally
B. Decrease in the value of money in terms of foreign currency
C. Change in the currency of a country
D. Decrease in the value of goldElasticity of Demand explains the relationship between:
A. Price of a commodity and quantity demanded
B. Income and quantity demanded
C. Price of substitutes arid quantity demanded
D. Utility of the commodity and quantity demandedThe National Rural Employment Programme focuses particularly on ____.
A. Creation of community assets
B. Famine relief
C. Reduction of unemployment
D. Beautification of rural areasThe first railway line in India was laid between ___.
A. Calcutta and Ranchi
B. Bombay and Thane
C. Calcutta and Madras
D. Bombay and Madras