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.Management Sciences
Category: Basic of Economics
Mention an electronic quotation system in USA that provides price quotations to market participants about more actively traded common stock issues in OTC market ?
A. National Association of Securities Dealers Automatic Quotation system (Nasdaq)
B. New York Stock Exchange
C. Wall Street
D. Nikkei Stock Average
A market in which prices are in an upward trend is known as ?
A. Bull market
B. Beamish market
C. Upward market
D. Hot market
Oil is measured in barrels. What is the abbreviation for barrels________________?
A. Brl
B. Bel
C. Bbl
D. Obl
What is referred by cost push inflation ?
A. Decreased production costs drive prices up
B. Decreased production costs drive prices down
C. increased production costs drive prices down
D. increased production costs drive prices up
Hard currency is defined as ?
A. Currency traded in foreign exchange market for which demand is persistently relative to the supply
B. Currency Which is used in times of war
C. Currency which loses its value very fast
D. None of these
Inflation is ?
A. Increase in the amount of circulating money
B. Lowering of purchasing power
C. Decrease in the amount of circulation money
D. None of the above
What is referred by interest ?
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
Balance of sheet is understood as ?
A. Profit in a year
B. Statements of accounts that shows debit and credit accounts under the broad heads
C. Performance of a company
D. Accurate economic position
There is an arrangement which allows a firm to use research from another firm at no cost in exchange for executing all of its trades with the firm that provides the research. What this arrangement is called?
A. Mutual arrangement
B. Quid Pro quo
C. Bilateral arrangement
D. common interest
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