PPSCFPSCNTSPakistan govt jobs
- Subject
- Agricultural economicsagriculture-mcqs › agricultural-economics
- Published
- 28 Mar 2019
- Last updated
- 28 May 2026
Explanation
A currency from a major industrialized country, such as the U.S. dollar, is referred to as a 'hard currency' because it is widely accepted, stable, and trusted for international transactions.
More Agricultural economics MCQs
Practice related questions from the same subject.
- 1.What is the full form of the acronym PARC?
- 2.What is the full form of the acronym NARC?
- 3.What is the contribution of the agriculture sector to the GDP in percentage terms?
- 4.Which index evaluates a country's social and economic progress using indicators such as life expectancy at birth, education levels, and income adjusted per capita?
- 5.What term describes the sensitivity of the quantity demanded of a product to changes in consumer income, calculated as the percentage change in quantity demanded divided by the percentage change in income?
- 6.Which term describes the indirect variation in real income caused by changes in the price of a good affecting the quantity demanded?
- 7.What is the yearly payment a borrower makes to a lender in addition to repaying the principal loan amount called?
- 8.Which segment of the urban economy in less developed countries is made up of small, competitive individual or family-run businesses, relies on labor-intensive techniques, allows unrestricted entry, and features prices for labor and products determined by the market?