basic of economics MCQs – Page 12

Practise focused basic of economics questions with marked answers for exam preparation and subject revision.

basic of economics Mcqs

221. Term the authorization whether written or electronic, that shareholders votes may be cast by others ?
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A. Casting vote

B. Absentia vote

C. Proxy vote

D. Remote vote

222. what is called an evaluation of credit quality of a companys debt issued by Moodys S&P and Fitch investors services ?
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A. Ratings

B. Credit worthiness

C. Credit Worth

D. Credit line

223. An evaluation of an individuals or companys ability to obligations or its likelihood of not defaulting is known as ?
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A. Credit rating

B. Credit credibility

C. Credit risk

D. Credibility

224. There are certain products which are sold without brand name or trademark What these products are called ?
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A. Generic

B. Forged goods

C. Contraband

D. Clean goods

225. What is called an arrangement of workers machines, and equipment in which the product being assembled passes consecutively from operation to operation or the process in which finished products are turned out in a mechanically efficient, though impersonal, manner ?
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A. Assembly line

B. Production line

C. Both of them

D. None of them

226. Pakistans fiscal years starts from?
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A. 1st April

B. 1st July

C. 1st September

D. 1st January

227. What is Free port ?
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A. Where no import duties are levied

B. Where everything can be import or export

C. Where no export or import duties are levied

D. Where no export duties are levied

228. Which statistical factor is used to convert current currency purchasing power into inflation adjusted purchasing power ?
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A. Purchasing power parity

B. Deflector

C. Deflation

D. Inflator

229. Capital Flight from a country is called ?
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A. removal of individual and corporate investment

B. All of these

C. removal of capital drain

D. removal of income

230. When the State Bank wants to decrease money supply in the country, it _______________?
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A. B and C of above

B. Lowers discount rate

C. Buys govt. securities in stock market

D. Sells govt. securities

231. What is called the acquisition abroad of physical assets with operating control that resides in parent corporation ?
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A. Foreign Direct Investment (FDI)

B. Foreign Investment

C. Fixed Direct Investment

D. Remote Foreign Investment

232. What is a Debenture ?
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A. Certificate for the investment in shares

B. Certificate for the preference share

C. None of these

D. Certificate issued by a company promising the payment of a specified amount at a fixed rate of interest after a specified period

233. Term a large payment to a senior employee who is forced into retirement or fired as a result of takeover or similar development ?
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A. Friendly handshake

B. Golden shake hand

C. Golden bonus

D. Golden handshake

234. Debenture holders of a company are its_______________?
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A. Directors

B. Creditors

C. Shareholders

D. Debtors

235. Which term is used for an addition to normal payment by a company or extra payment of gratuity to workers ?
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A. Prize

B. Overtime

C. Gift

D. Bonus

236. Term a tax or duty rebate on imported goods that are exported at a later date ?
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A. Rebut

B. Duty

C. Custom

D. Drawback

237. Which of the following would cause income to become more unequal ?
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A. Increased unemployment allowance

B. More progressive taxes

C. More regressive taxes

D. Increased employment

238. What is referred by the discount rate________________?
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A. Advance deduction of the interest in purchasing, selling or lending a commercial paper

B. State (central) Banks interest rate on loans to its member banks

C. Both of them

D. None of them

239. A share or an interest in an enterprise, especially a financial share, is called ?
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A. Stake

B. None of these

C. Partnership

D. Share holding

240. Term the rules and particles that govern the management of an organization ?
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A. By laws

B. Character

C. Memorandum of articles

D. Internal laws

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