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Economics MCQs For Lectureship CSS PMS And NTS Part III

Economics MCQs For Lectureship CSS PMS And NTS Part III

91 The real wage of a worker depends mainly on

The purchasing power of his earnings

92 In economics the main function of money is to

Serve as a medium of exchange

93 A Bonus is the sum of money paid on shares to a shareholder by a public limited company

Out of his profits

94 What is the currency of Bangladesh?

Takka

95 What is the currency of Myanmar?

Kyat

96 Where is the largest automobile manufacturing center in the world?

Detroit

97 The term national income is commonly applied to

NNP at factor cost

98 What does net retained earning abroad means?

Net undistributed profits of resident and non-resident companies

99 Interest on public debt is a part of what?

Transfer payments by the government

100 The Incremental Capital Output Ratio (ICOR) refers to what?

Ratio of investment to change in output

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