We measure national income by _____.

1. 1. expenditure method
   2. income method
   3. product method
   4. All of these

The four factor payment are _____.

1. 1. money, capital, salaries, and income
   2. money, power, prestige, and wealth
   3. wages, rent, interest, and profits
   4. wages, interest, salaries, and income

GNP is always _____.

1. 1. less than NNP
   2. greater than NNP
   3. Equal to NNP
   4. Any of i, ii, iii

To determine the correct level of GNP, it is necessary to _____.

1. 1. add up the values of goods and services during one year
   2. add up all savings
   3. count all imports
   4. to add up the value of semi-finished goods

Who wrote ‘Das Capital’, the book that gave birth to Communism?

1. 1. Karl Marx
   2. David Ricardo
   3. Lenin
   4. J S Mill

Who is a “Lame Duck” in a stock market?

1. 1. A naive investor
   2. A new investor
   3. A member of the stock exchange who cannot meet his obligations
   4. A member of the stock exchange who is engaged in insider trading

An ATM (Automated Teller Machine) card is basically a _____.

1. 1. Debit Card
   2. Credit Card
   3. Charge Card
   4. Corporate Card

A budgetary deficit means _____.

1. 1. Capital expenditure is more than capital revenue
   2. Capital expenditure is more than current revenue
   3. Total expenditure is more than current revenue
   4. Total expenditure is more than total revenue

The cause of inflation is _____.

1. 1. Increase in money supply
   2. Fall in production
   3. Increase in money supply and fall in production
   4. Decrease in money supply and fall in production

“Forex” stands for _____.

1. 1. For examine
   2. Foreign exports
   3. Foreign exchange
   4. Foreign expert