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.Management Sciences
Category: Basic of Economics
“Term bond” are bonds whose principle is payable at maturity. What does mean by Term certificate?
A. A bond with a longer time to maturity
B. A certificate of deposit whose principal is payable at maturity
C. A certificate of deposit with a shorter time to maturity
D. certificate of deposit with a longer time to maturity
National Income is essentially composed of ?
A. All wealth of a nation
B. Annual Income of the central government
C. All income of the people on a year
D. Income derived from taxes by the central government
Which term is used for an addition to normal payment by a company or extra payment of gratuity to workers ?
A. Bonus
B. Overtime
C. Prize
D. Gift
Name the company in which the liability of the shareholders is limited to the amount of their shares ?
A. Limited company
B. Incorporation
C. Cooperative
D. Corporation
The amount that is paid for carriage of goods by chips, railways, airways etc is called ?
A. Hire and Fire
B. Rent
C. Transportation Changes
D. Freight
Transfer payments means ?
A. Bank loans
B. The payment without work
C. Tax payments
D. Payments made to all factors of production
Reduction in the circulation of money resulting from fall of prices is known as ?
A. deflation
B. inflation
C. cost effective
D. cost
Name a default on debt and obligations by a major financial institution that disrupts the stability of the economic system ?
A. Debt blast
B. Debt bomb
C. Bad debt
D. None of them
Economic development ?
A. Is the same as economic growth
B. Means improvement in lifestyle
C. Exists when there is equal distribution of income
D. All of the above
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