Mix Test 1

Result

Mix Test 1

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Weekly Quiz Competition

Question 1
1 / -0

Flexible exchange rate is

A
Determined

B
Fixed

C
Ordered

D
Can’t say

Solution

Explanation:

flexible exchange-rate system is a monetary system that allows the exchange rate to be determined by supply and demand.As it variates according to market forces.
Question 2
1 / -0

A source of supply of foreign exchange is

A
Exports

B
Donations given

C
Imports

D
Gifts

Solution

Explanation:

When price of a foreign currency rises, domestic goods become relatively cheaper. It induces the foreign country to increase their imports from the domestic country
Question 3
1 / -0

One of the two components of government Revenue in the budget are

A
Expenditure receipts

B
Revenue receipts

C
Budget receipts

D
Revenue Expenditure
Question 4
1 / -0

One of the other two components of Capital budget are

A
Budget Expenditure

B
Investment Expenditure

C
Capital expenditure

D
Income budget
Question 5
1 / -0

APC+APS should always be equal to 1

A
None of these

B
1

C
FALSE

D
Depends on their values
Question 6
1 / -0

MPC+MPS=

A
4

B
1.0

C
3

D
2
Question 7
1 / -0

What do you mean by credit creation by commercial banks?

A
It is the process of loan creation

B
It is the process of total deposit creation

C
It is the process of total withdrawal creation

D
It is the process of creation of foreign exchange
Question 8
1 / -0

The process of money creation or credit creation IS done by

A
commercial banks

B
World bank

C
Central bank

D
Rural bank
Question 9
1 / -0

Equilibrium price may or may not change with shifts in both demand and supply curve.

A
No

B
Yes

C
Only may change

D
May not change only
Question 10
1 / -0

After excess demand

A
Market price remains the same

B
Market price fall

C
Market price falls below the equilibrium price

D
Market price rise

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Question Analysis

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Re-Attempt Weekly Quiz Competition

Mix Test 1

Result

Mix Test 1

Score

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Rank

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SHARING IS CARING

Question 1

Determined

Fixed

Ordered

Can’t say

Solution

Question 2

Exports

Donations given

Imports

Gifts

Solution

Question 3

Expenditure receipts

Revenue receipts

Budget receipts

Revenue Expenditure

Question 4

Budget Expenditure

Investment Expenditure

Capital expenditure

Income budget

Question 5

None of these

1

FALSE

Depends on their values

Question 6

4

1.0

3

2

Question 7

It is the process of loan creation

It is the process of total deposit creation

It is the process of total withdrawal creation

It is the process of creation of foreign exchange

Question 8

commercial banks

World bank

Central bank

Rural bank

Question 9

No

Yes

Only may change

May not change only

Question 10

Market price remains the same

Market price fall

Market price falls below the equilibrium price

Market price rise

User

Question Analysis

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Score

-

Rank

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