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.Management Sciences
Category: Basic of Economics
The amount value of an asset in business records is not necessarily identical to the amount that the asset could bring on the open market. What is it called ?
A. Open value
B. Book value
C. Real value
D. Artificial value
What is called a country’s total financial obligations to the rest of the world ?
A. Total debt
B. Debt burden
C. National liabilities
D. External debt
How is termed the balance of investment and return; in which investment and return are exactly equal ?
A. Break even
B. Breakeven point
C. Both of them
D. None of them
Which of the following must always balance ?
A. Balance of visible trade
B. Balance of invisible trade
C. Balance on the current account
D. Balance of payments
The balance of payment is ?
A. Balance between a nation’s expenditure on imports and its receipts from exports
B. Total sum a state owned
C. Total liabilities of a nation
D. Shortfall in budget
To determine the correct level of GNP, it is necessary to ?
A. To add up the values of goods and services for one year
B. Add up all savings
C. To count all imports
D. To add up the value of semi-finished goods
There are certain products which are sold without brand name or trademark What these products are called ?
A. Generic
B. Forged goods
C. Contraband
D. Clean goods
The term prospectus refers to______________?
A. Formal summary of proposed project
B. Document describing chief features of something for participants
C. Both of them
D. None of them
Which of the following is a form of international reserve assets, created by IMF in 1967 whose value is based on a portfolio of widely used currencies ?
A. Special Drawing Right (SDR)
B. IMF Drawing Rights (SDR)
C. International Drawing Right (IDR)
D. Sure, Drawing Rights (SDR)
What is called interest payments plus repayments of principal to creditors ?
A. Debt retirement
B. Debt relief
C. Debt service
D. Payback
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