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CSS :: World Economy


21.  Economics is
A. Creating maximum production B. Producing buying and selling for maximum profit
C. Producing good at minimum cost D. The science of planning and arranging the production, distribution and consumption of goods and services for the material welfare of mankind

22.  Supply usually lags behind in the case of
A. Personal service B. Entertainment
C. Luxuries D. Food
E. Necessities    

23.  The entrepreneur
A. Benefits at the expense of the other people B. Formulates the policy
C. Organizes and takes all responsibility for the business bearing the risks it entails D. Provides the capital for the business

24.  The worker's real wage depends on
A. His gross earnings B. His ability to increase production
C. His ability to save D. The purchasing power of his earnings
E. The net amount he gets after deductions    

25.  In Poland the demand of 'Solidrity' is for
A. Holding of price level for common people B. Right to make trade unions
C. Higher pays scales for labourers D. Religious freedom
E. None of these    

26.  Who among the following is a famous economist?
A. Henry Francis Carry B. Gunnar Myrdal
C. Max Muller D. Macaulay

27.  What is the main function of money?
A. To buy eatables from the market B. To serve as a medium of exchange
C. To earn interest from a bank: D. To buy luxurious goods

28.  The price of a commodity is fixed
A. By demand and supply of a commodity B. By the government
C. By supply of a commodity D. By demand of a commodity

29.  The sum of money paid on shares to a shareholder by a public limited company out of its profits is called
A. Annuity B. Bonus
C. Interest D. Dividend

30.  What is the currency of Bangladesh?
A. Dinar B. Takka
C. Rial D. Rupee




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