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Competitive Stabilization, Adjustment, Reform and Privatization MCQs ( Economics ) MCQs – Economics MCQs

Competitive Stabilization, Adjustment, Reform and Privatization MCQs ( Economics ) MCQs – Economics MCQs

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Latest Economics MCQs

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Latest Stabilization, Adjustment, Reform and Privatization Mcqs ( Economics ) Mcqs

The most occurred mcqs of Stabilization, Adjustment, Reform and Privatization Mcqs ( Economics ) in past papers. Past papers of Stabilization, Adjustment, Reform and Privatization Mcqs ( Economics ) Mcqs. Past papers of Stabilization, Adjustment, Reform and Privatization Mcqs ( Economics ) Mcqs . Mcqs are the necessary part of any competitive / job related exams. The Mcqs having specific numbers in any written test. It is therefore everyone have to learn / remember the related Stabilization, Adjustment, Reform and Privatization Mcqs ( Economics ) Mcqs. The Important series of Stabilization, Adjustment, Reform and Privatization Mcqs ( Economics ) Mcqs are given below:

A critic of “Shock therapy” to transition economies. Vladamir Popov, contends that shock therapists put a heavy emphasis on ?

A. introducing the reform package at once to ensure that it became too late and costly to reverse the reforms
B. attempts to gradually remake institutions
C. the creation of a small-scale private sector ans small independent banks
D. agricultural reform rather than industrial reforms to overcome food insecurity

Privatization refers to a range of policies including ?

I. changing part of a public enterpris’s ownership to the private sector
II. Liberalization of entry into activities previously restricted to the public sector
III. two infant industries merging into a monopoly
IV. franchising or contracting public services or leasing public assets to the Private sector

A. IV only
B. III only
C. I, II and IV only
D. None of these

State-owned enterprises (SOEs) are also called ?

A. government oligopolies
B. centralized firms
C. market economies
D. public enterprises

The industrial concentration ratio is the proportion of an industry’s output ?

A. produced by the three largest firms in the industry
B. and labor intensities relative to labor productivity
C. produced in cement, machine tools and steel industries
D. as a percentage of production and marketing

In 1979-80 China first created _____ for foreigners to set up enterprises hire labor and import duty-free goods for processing and re-exporting ?

A. special economic zones
B. Economic Union zones
C. liberalized trade monopoly zones
D. Communist free trade areas

The Aggregate Demand Aggregate Supply Model MCQs

Structural economists from the United Nations Economic Commission for Latin America (ECLA) emphasized ?

A. currency devaluation
B. contractionary monetary and fiscal policies
C. long-run institutional and structural economic change
D. short term-adjustment with a human face

Countries facing a persistent external deficit can ?

I. borrow overseas
II. increase trade restrictions and exchange controls
III. undertake expansionary monetary and fiscal policies
IV. Undertake expenditure-reducing policies

A. III and IV only
B. I and II only
C. I, II and III only
D. I, II and IV only

S = Savings, I = domestic investment, X = exports of goods and services, and M = imports of goods and services Which of the following is true ?

A. S – I = X = M
B. S = I – (X+M)
C. S + I = X + M
D. S-I = X/M

Countries with chronic balance of payments deficits eventually need to borrow abroad often from the ________ as the lender of last resort?

A. OECD
B. U.S
C. IMF
D. OPEC

Pathologies endemic to the Soviet bureaucracy included secrecy formalism cumbersome procedures rigidity and the tendency to concentrate on control rather than performance The party controlled The state by using the ____ the power to recommend and approve managers in administration and enterprises, of appointments and promotions to control access to government positions ?

A. Gosagroprom
B. Gosplan
C. nomenklatura system
D. Parastatals

A development bank based in London, which loans funds to governments of Eastern Europe and the former Soviet Union is the ?

A. World Bank
B. Transitional Monetary Fund
C. European Bank for Reconstruction and Development
D. OECD

Which of the following statement is NOT true about state owned enterprises (SOEs) ?

A. Successful performing SOEs in Japan, Singapore and Sweden have greater managerial autonomy and accountability than other SOEs
B. SOEs perform better with competition
C. SOEs in South Korea and Sweden generally achieve inferior economic results to those in Ghana
D. Financial autonomy is a major factor contributing to SOEs managerial effectiveness

Which of the following is not a quasi-public good ?

A. libraries
B. an automobile
C. national defense
D. fire protection

Before the 1978 reforms China had a(n) ?

A. urban credit cooperatives
B. agricultural bank only
C. mono bank system
D. housing savings banks

Countries such as ________ that failed to adjust to a persistent external disequilibrium were more vulnerable to poverty displacement and even war ?

A. Brazil and Argentina
B. Japan and Korea
C. Algeria and Yugoslavia
D. Singapore and Malaysia

When the world Bank or IMF requires improved external balance in the short run the agency may condition its loan on expenditure switching that is ?

A. increase trade restrictions by imposing quota
B. devaluing local currencies
C. switching spending from domestic to foreign sources
D. increase government spending

Internal balance refers to ?

A. full employment and price stability
B. exports equal to imports
C. monetary policy offsetting fiscal policy
D. exports minus imports

According to the Brandt report the IMF’s insistence on drastic measures in short time periods ?

I- contributes to low-income countries recovery quickly
II- reduces basis-needs attainment
III- may lead to IMF riots
IV- may lead to the downfall of governments

A. II only
B. I only
C. I and II only
D. I, III and IV only

Which of the following may constitute the International Monetary Fund’s conditionality for borrowing?

I. government reducing budget deficts
II. limiting credit creation and liberalizing trade
III. achieving market-clearing price
IV. restraining public sector employment and wage rates

A. III and IV only
B. I and II only
C. I, II , III and IV
D. None of these

Competitive Stabilization, Adjustment, Reform and Privatization MCQs ( Economics ) MCQs – Economics MCQs