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.Management Sciences
Category: Basic of Economics
Which of the following is known as foreign exchange ?
A. Transaction of International monetary business
B. Negotiable bills drawn in one country to be paid in another country
C. Both of them
D. None of them
Downsizing is ?
A. to make in a smaller size
B. to make in actual size
C. To make in half size
D. None of these
There is a decentralized market where geographically dispersed dealers are linked by telephones and computer screens. The market is for securities not listed on a stock or bond exchange. Name the market ?
A. Grey market
B. Over-the counter (OTC)
C. Open market
D. Back market
National income of a country is based on ?
A. The taxes earned by the State
B. The sum of all factors of income
C. Personal incomes of all the citizens
D. Surplus of exports over imports
Term the exclusive right of one or more persons to carry on some branch of trade of manufacture It is a sole power of dealing in something ?
A. Encroachment
B. Monotony
C. Unipolarity
D. Monopoly
The intermediary agent in the purchase and sale of any good is known as ?
A. Dealer
B. Broker
C. Agent
D. Commission agent
The mark is imposed on goods or wrappers to show that the articles bearing this mark belong to a particular trader. What is this mark called ?
A. Insignia
B. Patent mark
C. Trade Mark
D. Identification mark
What is called the crop which is grown for sale rather than the farmer’s own use ?
A. Business Crop
B. Cash crop
C. Money Crop
D. Earning Crop
Name the scale for measuring the average share price and percentage change of 30 major US industrial companies ?
A. Nikki Index
B. NASDAQ
C. Dow Jones Index
D. Major Index
A firm owns long-lived property that is used by a firm in the Production of its income. What this property is called ?
A. Unmovable asset
B. Fixed property
C. Production line
D. Fixed asset
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