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GK MCQs

General Knowledge section contains multiple choice questions/answers related to Pakistan and World. This section can be used for the preparation of CSS, Bank PO, Bank Clerical, ISSB, University Exam, Civil Services and many other examinations. This section can also be used by students to enhance their General Knowledge on many topics, about Pakistan as well as various countries of World, about books and many more. This section can be used for the preparation of Quiz competitions.

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Devaluation of currency leads to?

A. Erratic fluctuations in domestic prices
B. Increase in domestic prices
C. No impact on domestic prices
D. Fall in domestic prices

Devaluation means:

A. lowering of the value of one currency in comparison of some foreign currency
B. making rupee dealer in comparison to some foreign currency
C. converting rupee into gold
D. None of these

Depreciation means?

A. Loss of equipment over time due to wear and tear
B. Destruction of a plant in a fire accident
C. Closure of a plant due to labour trouble
D. Closure of a plant due to lock out

Gilt-edged market means?

A. Bullion market
B. Market of commodities
C. Market of government securities
D. Market of pure metals

Gross domestic capital formation is defined as?

A. Expenditure incurred on physical assets only
B. Net addition to stock after depreciation
C. Production exceeding demand
D. Flow of expenditure devoted to increased or maintaining of the capital stock