basic of economics MCQs – Page 15

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

basic of economics Mcqs

281. What is Debt Service ?
0

A. Interest payments on external debts

B. repayments of external debt

C. none of these

D. Both of them

282. Which of the following is referred by principle ?
0

A. Total amount of money being borrowed or lent

B. Party affected by agent decision in a principal agent relationship

C. Both of them

D. None of them

283. By the way of an underwriter, the sale of a new security is issued to the public a transaction that must be registered with the securities and exchange commission. How is know this process ?
0

A. Registering

B. Going public

C. Public offering

D. Debuting

284. Possibility of negative events or changes in the business climate of country is called?
0

A. National risk

B. Country risk

C. Domestic risk

D. Political risk

285. Hard currency is defined as ?
0

A. Currency Which is used in times of war

B. Currency traded in foreign exchange market for which demand is persistently relative to the supply

C. None of these

D. Currency which loses its value very fast

286. Termed the written statement which expresses the intention of undersigned to enter into a formal agreement ?
0

A. Papers of Landing

B. Letter of Credit

C. Letter of intent

D. Letter of Expression

287. When banks prepare their balance sheets. They show the money lent in ?
0

A. Liability

B. Assets

C. Both assets and liabilities

D. None

288. The sum of total income received for the services of labor, land or capital in a country is called?
0

A. National income

B. Gross domestic income

C. Gross national income

D. Gross domestic product

289. What could a government do to correct the current account deficit ?
0

A. Reduce the volume of exports

B. Reduce the repayment of loans

C. Reduce the deficit on the balance of trade

D. Reduce the surplus on the capital account

290. Minimum price of a commodity fixed by government to save the interest of producer of raw materials is called ?
0

A. Floor price

B. Bid Price

C. Fixed price

D. Basic Price

291. What is called interest payments plus repayments of principal to creditors ?
0

A. Debt relief

B. Debt service

C. Payback

D. Debt retirement

292. Name a default on debt and obligations by a major financial institution that disrupts the stability of the economic system ?
0

A. Debt blast

B. Bad debt

C. Debt bomb

D. None of them

293. Which money is called Earnest Money ?
0

A. A promise or assurance

B. Advanced payment to bind a contract or bargain

C. All of these

D. A token of something to come

294. What is Debt retirement______________?
0

A. To repay debt in easy installments

B. To reschedule debt

C. The complete repayment of debt

D. To write off debt

295. Term bond are bonds whose principle is payable at maturity. What does mean by Term certificate?
0

A. A certificate of deposit whose principal is payable at maturity

B. A certificate of deposit with a shorter time to maturity

C. certificate of deposit with a longer time to maturity

D. A bond with a longer time to maturity

296. Name a corporation that owns enough voting stock in another firm to control management and operations by influencing of electing its board of directors ?
0

A. joint company

B. Holding company

C. Father company

D. Mother company

297. What is write-Off?
0

A. Charging an asset amount to expense of loss

B. None of these

C. To forget

D. To withdraw

298. Which is the best measure of economic growth of a country ?
0

A. Net revenue

B. GDP

C. None of the above

D. GNP

299. Mention a mutual fund that is invested primarily in stocks with a history of and future potential for capital gains ?
0

A. Growth fund

B. Capital growth fund

C. Stock fund

D. Common fund

300. The term Cartel refers to ?
0

A. An official agreement between governments at war, especially for exchange of prisoners

B. All of the above

C. Unity of parties, factions or nations in a common cause

D. A combination of firms for business purposes

Previous Next

Showing 281 to 300 of 438 mcqs