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What is called a country’s total financial obligations to the rest of the world?

A. Total debt
B. Debt burden
C. National liabilities
D. External debt

Gross Domestic Product (GDP) is:

A. Value of all economic activity within a nation’s border
B. Economic output of a country
C. Economic activities of federal government
D. None of these

What is “Dumping”?

A. Sale of goods in large quantities with high quality
B. Sale of goods in large quantities with low quality
C. Sale of goods in large quantities and at a low price
D. Sale of goods in large quantities with high price

What is called the reduction in the rate of a currency?

A. Devolution
B. Devaluation
C. Price cap
D. Cut-rate

Two of the major factors contributing to growth are:

A. Resources and efficiency
B. Money and efficiency.
C. Money and luck
D. Resources and a good climate

Inflation is:

A. A decrease in the overall price level.
B. An increase in the overall price level.
C. An increase in the overall level of economic activity.
D. A decrease in the overall level of economic activity.

Sachal Sarmast was Sufi Poet of:

A. Punjab
B. Sindh
C. Baluchistan
D. Azad kashmir

In the modern world, an institution of Ombudsman was first established in 1809 in

A. England
B. France
C. Norway
D. Sweden

Who presented the idea of a blood bank?

A. Charles drew
B. Jonas salk
C. Edward james
D. James monroe

The world largest producer of Natural gas

A. Iran
B. Russia
C. Canada
D. Qatar

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