Hassan Rouhani new elected president of

• A. Iran
• B. Iraq
• C. Lebanon
• D. Egypt

What is ‘Debt retirement’?

• A. To write-off debt
• B. To reschedule debt
• C. To repay debt in easy installments
• D. The complete repayment of debt

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