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.Management Sciences
Category: Basic of Economics
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
In which capacity does a person stand to gain from deflation ?
A. As a pensioner
B. As a debtor
C. As an entrepreneur
D. As an equity-holder
Endorsement means anything written upon the back of the document What does means by Endorse ?
A. To verify signature
B. To verify the person holding cheque
C. To sign one’s name upon the back of cheque
D. To sign one’s name upon the front of cheque
Which form of business organization falls between a corporation and partnership ?
A. joint company
B. Joint stock company
C. Limited joint company
D. Limited Company
How is termed a written promise to pay back a specified sum of money at a stated time or on demand ?
A. Promissory Note (PN)
B. Note of hand
C. Both of them
D. None of them
Which of the following is referred by the Debt retirement ?
A. To write-off debt
B. To reschedule debt
C. To repay debt in easy installments
D. The complete repayment of debt
Who is insolvent_______________?
A. A firm that is unable to pay debts
B. A firm that is liquidated
C. A firm that is for sale
D. A firm that has more liabilities than assets
Currency that is expected to drop in value relative to other currencies is called ?
A. Local currency
B. Cold currency
C. Lime currency
D. Soft currency
The branch of economics ‘Microeconomics’ deals with______________?
A. small units, including individual companies and small group of consumers
B. Economics of homes
C. Economics of stock market
D. Economics of provinces
Which is most likely to cause a more even distribution of income ?
A. An increase in indirect taxes
B. An increase in managers salaries
C. An increase in progressive taxation
D. An increase in the rate of inflation
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