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The economy of Brazil is mostly dependent on

A.	Tea	B.	Coffee
C.	Tobacco	D.	Sugar

Where is the headquarters of the European Economic Community?

A.	London	B.	Vatican City
C.	Berlin	D.	Brussels

The first railway line in India was laid between:

A.	Calcutta and Madras	B.	Bombay and Madras
C.	Calcutta and Ranchi	D.	Bombay and Thane

The National Rural Employment Programme focuses particularly on:

A.	Beautification of rural areas	B.	Creation of community assets
C.	Famine relief	D.	Reduction of unemployment

Which of the following is the currency of Nepal?

A.	France	B.	Peso
C.	Sikka	D.	Taka

The law of demand states that other things being equal there is:

A.	An inverse relationship between the quantity demanded and income of the consumer	B.	A positive relationship between the quantity demanded and its price
C.	An inverse relationship between the rate of change in the quantity demanded and the price of the commodity	D.	An inverse relationshhip between the quantity demanded and its average cost of production. (188)

Elasticity of Demand explains the relationship between

A.	Price of substitutes arid quantity demanded	B.	Utility of the commodity and quantity demanded
C.	Income and quantity demanded	D.	Price of a commodity and quantity demanded.

Devaluation means

A.	Change in the currency of a country	B.	Decrease in the value of gold
C.	Decrease in the value of money in terms of foreign currency	D.	Decrease in the value of money internally

What is the complete name of the World Bank?

A.	International Finance Corporation	B.	International Bank for Reconstruction and Development
C.	International Monetary Fund	D.	International Development Authority
E.	None of these

10.

With which activity is the Wall street in New York, U.S.A. associated?

A.	Banking and Finance	B.	Literary arts
C.	Defence	D.	Films