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Subject - Economics:

Miscellaneous

MCQ - 231-4241

Question:

Which among the following statements is not true when there is an increase in interest rate in an economy?

  1. increase in saving
  2. decrease in loan
  3. increase in production cost
  4. decrease in loan

Correct Answer: D

Explanation:

Sol. Interest rate increase the cost of borrowing, which results in lesser investment activity and the purchase of consumer durables. In a low interest-rate environment, shares become a more attractive buy, raising households’ financial assets.

Record Performance

269 MCQ for effective preparation of the test of Miscellaneous of Economics section.

Read the MCQ statement: Which among the following statements is not true when there is an increase in interest rate in an economy? , keenly and apply the method you have learn through the video lessons for Miscellaneous to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 231-4241.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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