ABM Mock Test 1

My Quiz

1. 1. Which of the following is a key determinant of both supply and demand ?

Income
Future expectation
Tastes and preference
Sale tax


2. 2. Which of the following is a leading economic indicator ?

Average hour, manufacture
Money Supply
Stock prices
All


3. 3. Speculative Demand for money and interest rate are related

Inverse
Direct
Equal
None


4. 4. Transaction demand curve for money_______

It is parallel to X-axis
It moves upward with income
It moves downward
None


5. 5. What indicates zero primary deficit -

No fiscal deficit
Surplus budget
No borrowings
Borrowings only to make interest payments


6. 6. What type of budget is advocated for emerging economies

Surplus
Deficit
Balanced
Zero


7. 7. Which of the following leads to credit expansions

Increase in CRR
Increase in SLR
Increase in Bank rate
Increase in purchase of government securities by central bank


8. 8. Microeconomics deals with

Gross domestic Product
Unemployment rate
Prices indices
All the above


9. 9. Market economy is also known as

Mixed economy
Capitalistic economy
Command economy
Socialistic economy


10. 10. Ends refer to

Demand
Resources
Utility
Wants