Ok time to check on your knowledge of the science of economics yet again. This science keeps affecting our day today lives in invisible ways. You would take decisions as a rational economic consumer but never know that you did just that in a majority of your decisions. You may also lament several economic decisions of your governments knowing fully well the implications of them on you. Your knowledge of economic concepts and terminology can help you have a better understanding of the world around you. So here you go:
Before you go about troubling your brain in reading I want you to laugh to full extent. Check this comedy literature par excellence:
AN EXPENSIVE DATE-A LAUGHING RIOT: BY: SHISHIR GUPTA
AN EXPENSIVE DATE-A LAUGHING RIOT-Volume I (Volume 1)
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Question of
What is the main purpose of the World Bank?
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Provide dollars to the world
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Reduce poverty in the world
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To open international accounts
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To provide banking services to the world
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Question of
What is the main purpose of IMF(International Monetary Fund)?
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To ensure stability of exchange rates
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To be monetary arm of the US
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To serve as international bank for money
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To launder money on international scale
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Question of
What is Euro Dollar?
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A dollar in the hands of European tourists
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A dollar held outside US
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A dollar equal in value to a Euro
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A dollar printed in Europe
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Question of
How many countries form the European Union?
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43
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28
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15
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12
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Question of
What is the sub unit of a Euro?
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Guilder
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Kroner
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Cent
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Paise
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Question of
How many of the European Union members use Euro as currency?
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19
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21
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9
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13
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Question of
Which currency is the second largest traded currency in forex markets?
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INR
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Dollar
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Euro
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Franc
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Question of
Approximately how much of Euro is in circulation?
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3 Trillions
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1.1 Trillions
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25 Billions
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5 Trillions
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Question of
Since the end of which year Euro is trading at an exchange rate of above par versus US $?
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2011
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2002
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2005
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2012
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Question of
How many denominations of Euro coins are issued?
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8
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13
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5
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2
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Oh my I was so lost but got 6 correct.
congrats it was a tough quiz after all
Economics Quiz 3
You got 7 out of 10 right!
great going indeed wow!