What is referred by interest ?

Basic of Economics 24/11/2020

A. Payment made for the use of another person’s money
B. payment made for the use of bank’s money
C. Share in profit
D. Devaluation in the currency

Related Mcqs:

    LIFO (last in, first out) means ?
    A. to make queue B. items are removed in inverse order C. turn by turn D. make space for new production...
    Name a gold, silver, or platinum coin than usually traded at slightly more than its current bullion value ?
    A. Hard Leaf B. Maple Leaf C. Green Leaf D. Gold Leaf...
    What do you understand by Laissez faire ?
    A. Active intervention B. Sound commercial affairs C. Interference by the state in law and order D. None of these...
    If GNP of Pakistan rises. it will encourage ?
    A. Exports B. Imports C. Both D. None...
    A company or corporation which was subsidiaries, investments or operation in more than one country is known as ?
    A. Multinational corporation B. Multinational company C. Both of them D. None of them...

Leave a Reply

Your email address will not be published. Required fields are marked *