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.Management Sciences
Category: Basic of Economics
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
Term the body of goods and monies from which future income can be derived ?
A. Net assets
B. Solid asset
C. Holdings
D. Capital
Account is format banking, brokerage or business relationship established to provide for regular services. dealings and other financial transactions. Which of the following phenomenon(s) are also referred by term, Account ?
A. A precise list or enumeration of financial transactions
B. Money deposited for checking savings or breakage use
C. A customer having business or credit relationship with a firm
D. All of these
Who among the following is most benefited from inflation ?
A. Government pensioners
B. Creditors
C. Savings Bank Account holders
D. Debtors
What does mean by ‘Emerging Markets ?
A. Financial markets of developing economies
B. Financial markets of East Europe’s economies
C. Financial markets of Asian economies
D. Financial markets of Latin America
GNP includes ?
A. A loan from a bank
B. A loan from one’s parents
C. Gifts and donations
D. A broker’s commission
Term the written order which directs that a specified sum of money be paid to a specified person ?
A. Bill of Exchange BE
B. Bill of Lading
C. Bearer Cheque
D. None of them
Trade between two countries can be useful if cost ratios of goods are ?
A. Equal
B. Different
C. Undetermined
D. Decreasing
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