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Business Quiz - 7

There is on General Law of Demand - the quantity demanded increases with a:
i) Stable price ii) Increasing Utility iii) Fall in price iv) Rise in price

India has least or nominal trade relations with which of the following countries?
i) Japan ii) Uganda iii) Britain iv) South Africa

By which bill does the Government propose collection of revenues for a year?
i) Supplementary Bill ii) Finance Bill iii) Economic Bill iv) None of these

Cheap money means :
i) low rate of income ii) low level of saving iii) low rates of interest iv) None of these

When too much money is chasing too few goods, the situation is :
i) Recession ii) Inflation iii) Stagflation iv) Deflation

'Interest Rate Policy' is a component of :
i) Monetary Policy ii) Direct Policy iii) Fiscal Policy iv) Trade Policy

Which country owns, buys and consumes the most gold in the word?
i) China ii) South Africa iii) India iv) USA

Debenture-Holders of a company are its :
i) workers ii) shareholders iii) debtors iv) creditors

Capital formation in an economy depends on :
i) Total Savings ii) Total Production iii) Total demand iv) Total income

After a great change in the price of a commodity, there is no change in its demand. The demand is known as :
i) very elastic ii) elastic iii) perfectly inelastic iv) inelastic

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