Subject General Knowledge
101. Which country is familiarly known as `The Horn of Africa’?
Somalia
Ethiopia
Nigeria
Burundi
None of these
Ans.
Direction: Choose the correct answer.
102. What is not included in narrow money (M1)
Currency
Demand deposits
Other Checkable deposits
Time deposits
Ans.
103. Which one is not included in the current account of balance of payment of a country?
Transfer payments
Foreign remittance
Foreign direct investment
Investment income
Ans.
104. The LM curve shifts rightward if
Nominal interest rates decrease
Money demand increases
Money supply increases
Aggregate output increases
Ans.
105. In the simple Keynesian model, the magnitude of the multiplier depends on
Marginal propensity to consume
Real interest rate
Growth in the real money supply
Money multiplier
Ans.
106. Which of the following is not part of aggregate demand?
Government spending
Exchange rate
Net exports
Investment
Ans.
107. Cross elasticity of demand is positive if the goods are
Substitutes
Complements
Inferior
Normal
Ans.
108. "Inflation is always and everywhere a monetary phenomenon." Who said this?
John Maynard Keynes
James Tobin
Milton Friedman
Irving Fisher
Ans.
109. The relationship between wage-price inflation and the level of economic activity is known as
GNP - inflation effect
Demand-supply effect
Phillips curve
Irving Fisher
Ans.
110. Which one does not directly affect the value of money multiplier?
Required reserve ration
Currency deposit ratio
Excess reserve ratio
Credit - deposit
Ans.
111. In conducting monetary policy, Bangladesh Bank pursues a strategy of
Inflation targeting
Monetary targeting
Both of the above
None of the above
Ans.
112. An increase in the rate of interest would increase
The transactions demand for money
The prices of bonds
The asset demand for money
The opportunity cost of holding money
Ans.
113. Negative externalities can be internalized through
Taxes
Subsidies
Taxes and subsidies
Taxes or subsidies
Ans.
114. Excess capacity is absent in
Perfect competition
Monopoly
Monopolistic competition
Oligopoly
Ans.
115. Horizontal demand curve for a perfectly competitive firm indicates
Demand is limited
Demand id unresponsive
Demand is unlimited to a single firm
Demand is perfectly inelastic
Ans.
116. Demand curve for a perfectly competitive industry is
Horizontal
Downward sloping
Upward sloping
Perfectly inelastic
Ans.
117. In the long run, a monopoly firm ears/incurs
Zero Profit
Supernormal profit
Loss
All of the above
Ans.
118. Short run MC cuts AC
At its maximum point
At its minimum
At any point
Either a or b
Ans.
119. Decrease in the general level of prices is known as
Inflation
Deflation
Depreciation
Hyperinflation
Ans.
120. Monetary policy deals with
Interest rate
Money Supply
Depreciation
Hyperinflation
Ans.
121. Money supply is controlled by central bank through
Open market Operation
Changing reserve requirement
Changing discount rate
All of the above
Ans.
122. Effect of Business cycle includes
Fluctuation in the level of output
Fluctuation in the level of employment
Fluctuation in the price level
All of the above
Ans.
123. Shifting long run aggregate supply curve to the right
Raises potential output or capacity
Reduces potential output or capacity
reduces long run output
None of the above
Ans.
124. In a BOP statement, outflow of dividend on Portfolio Investment is
Import of services
Export of services
Unilateral
Capital inflows
Ans.
125. Price-Specie-Flow mechanism is related to
Bretton-Woods system
Flexible exchange rate regime
Bi-metallism
None of them above
Ans.
Total Question : 25
Total Hit : 0
Correct : 0
Wrong/Cheat : 0