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( Interactive MCQs and Quizzes for Knowledge )
Princeton University is located in which state of the USA ?
A. California
B. Islamabad
C. New Jersey
D. New YorkWhere is Jamia Al-Azhar University situated ?
A. Cairo
B. Jeddah
C. Damascus
D. AmmanWhich 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 demanded