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.Management Sciences
Category: Basic of Economics
What are called goods that satisfy human wants through their direct use ?
A. cash goods
B. consumer items
C. consumer goods
D. cash items
What is called the rules of laws which governs the internal affairs of an organization ?
A. Corporate Laws
B. Secondary Laws
C. By laws
D. Internal Laws
Which of the following is indicated by the term unemployed ?
A. Employed only part time when one needs full time employment
B. Inadequately employed
C. Note fully used or employed
D. All of them
Point out the term for producer goods such as machinery that is used in production of commodities ?
A. Capital assets
B. Running capital
C. Capital goods
D. Hard capital
In Planned economy’ Production and distribution of Wealth is under control of_____________?
A. Private sector
B. Government
C. Bank
D. None of the above
Which of the following can be used for check inflation temporarily ?
A. increase in wages
B. Decrease in money supply
C. Decrease in tax
D. None of these
Blue chip company is used in the context of general equities. What does it refer ?
A. A multinational company
B. Large and creditworthy company
C. A conglomerate company
D. A consortium of companies
What is Euro ?
A. Deposit outside one’s home country but in the home country currency
B. European currency unit, introduced on Jan, 1 1999
C. Both of them
D. None of them
How is termed the group which consists of Singapore, Hong kong, Taiwan, and south Korea ?
A. Four Dragons
B. Little Tigers
C. Four Tigers
D. All of these
The term liquidate refers to pay off a debt, a claim or an obligation or to settle the affairs by determining liabilities and applying assets to their discharge. What is also converted by the term?
A. To convert assets into cash
B. Abolish
C. Both of them
D. All of them
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