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.Management Sciences
Category: Basic of Economics
What is called the stock that sells at a high price ?
A. Blue chip
B. Blue Chipper
C. An extremely valuable asset or property
D. All of these
Where ‘Nikkei Stock average’ applies ?
A. Mainly to Korean equities
B. Mainly to international equities
C. Mainly to Japanese equities
D. Mainly to US equities
Free port is ?
A. Where no export duties are levied
B. Where no import duties are levied
C. Where no expert or import duties are levied
D. Where everything can be import or export
An essential attribute of inflation is ?
A. Fall in production
B. Increase in prices
C. Stagflation
D. None of these
How is termed equal rights of trade of trade without giving monopolies or preferences to an individual country ?
A. Open door market
B. Open door country
C. Open sky market
D. Free economy
Which of the following groups suffer the most from inflation ?
A. Debtors
B. Creditors
C. Business class
D. None of these
Term the group of countries that have removed all restrictions on trade among themselves?
A. Close-Trade zone
B. Free-trade zone
C. Both of them
D. None of them
Estimated value that is added to a product or material to each stage, of its manufacture or distribution, is known as ?
A. Value addition
B. Excise
C. Value added
D. Tax on stage
What is called the sequence of economic activity which is typically characterized by recession, fiscal recovery, growth and fiscal decline ?
A. Economic Cycle
B. Business Cycle
C. Complete Cycle
D. Cycle Business
Unlike a black market, what is called a system of secretly selling or trading commodities which is not necessarily illegal ?
A. Grey market
B. White market
C. Red market
D. Open market
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