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.Management Sciences
Category: Basic of Economics
What is called that company which make loans to individuals, while not receiving deposits like a bank ?
A. Cooperative company
B. Finance corporation
C. Limited company
D. Finance company
Goods and monies from which future income can be derived is called ?
A. Net assets
B. Assets
C. Holdings
D. Capital
Which of the following is an example of government policy that could reduce inflation ?
A. increasing bank lending
B. increasing import duties
C. reducing government expenditure
D. None of these
A central bank or monetary authority hold foreign currency for the purpose of exchange intervention and the settlement of intergovernmental claims. Term the currency ?
A. Reserve currency
B. Hot currency
C. Pegged currency
D. Hard currency
What is referred by the by economic theory “Liberalism” ?
A. The free market
B. Gold standard
C. Laissez faire
D. All of these
Trade name is ?
A. Used to identify a commercial product or service
B. By which commodity service or process is known to trade
C. Under which a business firm operates
D. All of them
Term a tax that is levied by a country of source on income paid, usually on dividends remitted to the home country of the firm operating in a foreign country?
A. Wealth tax
B. Withholding tax
C. Income tax
D. None of these
Large payment to senior employee who is forced into retirement is called ?
A. Golden bonus
B. Golden shake hand
C. Friendly handshake
D. Golden handshake
What is called a country’s decision to allow its currency value to change freely?
A. Pegged exchange rate
B. Floating exchange rate
C. Liberal exchanged rate
D. Open exchange rate
Two countries can gain from foreign trade if ?
A. Cost ratios are different
B. Tariff rates are different
C. Price ratios are different
D. A and C of above
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