World Economy MCQ

Q31. By whom was the autonomous investment separated from induced investment
(A) Joan Robinson
(B) Adam Smith
(C) Schumpeter
(D) Malthus

Q32. The time element in price analysis was introduced by
(A) JS Mill
(B) JR Hicks
(C) JM Keynes
(D) Alfred Marshall

Q33. Human Development Index (HDI) is a composite indicator of
(A) Income, Health and Education
(B) Income, Health and Trade
(C) Health, Education and Nutrition
(D) None of the above

Q34. Which one of the following institution was replaced by World Trade Organization (WTO)
(A) UNCTAD
(B) GATT
(C) IBRD
(D) IDA

Q35. Which one is the first country in the world to implement GST
(A) USA
(B) Canada
(C) France
(D) Thailand

Q36. Which country has dual model of GST implemented
(A) Canada
(B) UK
(C) Germany
(D) USA

Q37. The ‘Ease of Doing Business Index’ is prepared and published by
(A) World Trade Organization
(B) World Bank Group
(C) United Nations
(D) European Nations

Q38. Which one of the following is not a trade block
(A) SAPTA
(B) EFTA
(C) OPEC
(D) UPEC

Q39. The WTO basically promotes
(A) financial support
(B) global peace
(C) unilateral trade
(D) multilateral trade

Q39. The Lorenz curve is a measure of
(A) poverty
(B) income inequalities
(C) inflation rate
(D) tax structure

Q40. Which institution is known as "Soft Loan Window" of World Bank
(A) IDBI
(B) IDA
(C) IMF
(D) RBI

Q41. Which institution publish the "World Economic Outlook" report
(A) United Nation
(B) IMF
(C) World Bank
(D) IDA

Q42. "Green Index" has been developed by
(A) United Nation Environment Programme
(B) International Monetary Fund
(C) World Bank
(D) None of the above

Q43. The word budget is synonymous to "bougette" of which language
(A) Latin
(B) Greek
(C) French
(D) Hebrew

Q44. Which index for the United Nations was developed by the Indian economist Amartya Sen and Pakistani economist Mahbub ul Haq
(A) Human Development Index
(B) Gross Domestic Product
(C) Genuine Progress Indicator
(D) Sustainable Development Index

Q45. ‘The Third Window’ is a term associated with
(A) IMF
(B) OAE
(C) ECAFE
(D) World Bank

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