Test: Business Cycles- 1


20 Questions MCQ Test Business Economics for CA Foundation | Test: Business Cycles- 1


Description
This mock test of Test: Business Cycles- 1 for CA Foundation helps you for every CA Foundation entrance exam. This contains 20 Multiple Choice Questions for CA Foundation Test: Business Cycles- 1 (mcq) to study with solutions a complete question bank. The solved questions answers in this Test: Business Cycles- 1 quiz give you a good mix of easy questions and tough questions. CA Foundation students definitely take this Test: Business Cycles- 1 exercise for a better result in the exam. You can find other Test: Business Cycles- 1 extra questions, long questions & short questions for CA Foundation on EduRev as well by searching above.
QUESTION: 1

The term business cycle refers to –

Solution:
QUESTION: 2

Expansion phase all but one of the following characteristics.

Solution:
QUESTION: 3

Which one of the following is not the characteristic of business cycle?

Solution:
QUESTION: 4

The turning points of the business cycle are

Solution:
QUESTION: 5

_____ refers to the top or the highest point of business cycle.

Solution:
QUESTION: 6

Involuntary unemployment is almost zero in the _____ phase of business cycle.

Solution:
QUESTION: 7

The economy is said to be overheated at the _____ phase of business cycle.

Solution:
QUESTION: 8

Cost of living increases when business cycle is _____

Solution:
QUESTION: 9

There is large scale of involuntary unemployment in the _____ phase of business cycle.

Solution:
QUESTION: 10

Fall in the level of investments, fall in production, fall in employment, fall stock prices, etc. are found during _____ phase of business cycle.

Solution:
QUESTION: 11

All but one are the endogenous factors of business cycle

Solution:
QUESTION: 12

_____ is the severe form of recession with lowest level of economic activity.

Solution:
QUESTION: 13

Fall in the interest rates is a typical feature of

Solution:
QUESTION: 14

During depression _____ industry suffer from excess production capacity.

Solution:
QUESTION: 15

The great depression of _____ caused enormous misery and human sufferings

Solution:
QUESTION: 16

The lowest level of economic activity is called _____

Solution:
QUESTION: 17

There is end of pessimism and the beginning of optimism at ______

Solution:
QUESTION: 18

Which of the following is not the features of business cycle?

Solution:
QUESTION: 19

The trough of a business cycle occur when _____ hits its lowest point.

Solution:
QUESTION: 20

Industries that are most adversely affected by business cycles are the _____

Solution:

Related tests