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211.

Reflation is

A.	same as deflation	B.	a controlled inflation of moderate degree
C.	a temporary phase in which there is more production than demand	D.	a condition under which production is regulated to be equal to demand

212.

Overtime payment is a

A.	perquisite	B.	bonus
C.	demand	D.	incentive

213.

Which of the following is not classified as consumer goods?

A.	Clothes	B.	Furniture
C.	Lubricants	D.	Machines

214.

The largest source of revenue for state governments is generally

A.	Entertainment tax	B.	Sales tax
C.	Land revenue	D.	Excise duty

215.

Fountain pen and ink are

A.	independent goods	B.	substitute goods
C.	complimentary goods	D.	classified goods

216.

.An economy that does not permit product movements across its boundaries is known as

A.	collective economy	B.	closed economy
C.	micro economy	D.	macro economy

217.

The term clearing house is associated with

A.	banks	B.	cooperatives
C.	foreign exchange	D.	free trade zones

218.

Division of labour is helpful in

A.	batch production	B.	mass production
C.	quality assurance	D.	bulky goods

219.

Which of the following is a hard currency?

A.	Takka	B.	Dinar
C.	Yen	D.	Rival

220.

Which of the following is a free port?

A.	Kandla	B.	Cochin
C.	Calcutta	D.	Goa