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.Management Sciences
Category: Basic of Economics
Bank loans are usually altered to have longer maturities in order to assist the borrower in making the necessary repayments. What these loans are called____________?
A. Rearranged loans
B. Rescheduled loans
C. Altered loans
D. None of these
The Liquidity Trap condition occurs at a_______________?
A. Low rate of interest
B. Very low rate of interest
C. High rate of interest
D. Very high rate of interest
Government policy about exports and imports is called ?
A. Monetary policy
B. Fiscal policy
C. Commercial policy
D. Finance policy
The bank established for loans to very small enterprises in Pakistan is called_______________?
A. Micro Finance Bank
B. Moderba Bank
C. SME- Bank
D. First MINI Bank
What is mortgage______________?
A. Conveyance of property as security for debt
B. Conveyance of company security for debt
C. Guarantee for debt
D. Assurance of debt repayment
The term “Dumping” means ?
A. The sale of the sub-standard commodity
B. Sale in a foreign market of a commodity at a price below marginal cost
C. Sale in a foreign market of a commodity just at marginal cost without too much of profit
D. Smuggling of goods without paying any customs duty
What is Remittance_______________?
A. Sending of money to someone at distance
B. The sum of money sent
C. Both of them
D. None of them
We measure national income by this method ?
A. Expenditure method
B. Income method
C. Product method
D. All of the above
Which of the following terms refers to income that is saved and not invested ?
A. Capital
B. Deposit
C. Hoarding
D. Profit
When banks prepare their balance sheets. They show the money lent in ?
A. Liability
B. Assets
C. Both assets and liabilities
D. None
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