All India Management Association (AIMA) 2007 M.B.A Marketing Management Business Economics – II - Question Paper
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(b) Current account
(c) Exports account
(d) fault and omissions
(e) Official reserve account. ( one mark)
31. Which of the subsequent is classified as cost-push factors of inflation?
(a) Pressure of growing population
(b) Hike in international prices of crude oil
(c) Tax evasion by assesses
(d) modifications in Government spending
(e) Increase in supply of money. ( one mark)
32. If output is increasing and unemployment is decreasing, the economy must be experiencing
(a) Contraction
(b) Depression
(c) Hyperinflation
(d) Boom
32. If output is increasing and unemployment is decreasing, the economy must be experiencing
(a) Contraction
(b) Depression
(c) Hyperinflation
(d) Boom
(e) Stagflation. ( one mark)
33. Cash reserve ratio refers to
(a) The amount of money commercial banks have to keep as reserve with the Government
(b) Amount of money commercial banks have to keep as reserves with other commercial banks
(c) Amount of money commercial banks have to keep as reserves with the Central bank
(d) Amount of money the central banks have to keep as reserves with the commercial banks
(e) Amount of deposits kept with commercial banks by the public. ( one mark)
34. Which of the subsequent is an example of an indirect tax?
(a) Wealth tax
(b) Income tax
(c) Estate duty
(d) Excise duty
(e) Gift tax. ( one mark)
35. Which of the subsequent is/are tariff barrier(s) to protect domestic industries from competition?
I. Ad valorem duties.
II. Specific duties.
III. Compound duties.
(a) Only (I) above
(b) Only (II) above
(c) Both (I) and (III) above
(d) Both (II) and (III) above
(e) All (I), (II) and (III) above. ( one mark)
Earning: Approval pending. |