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Basic Economics
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Basic Economics
Forex stands for ?
Foreign exports
Foreign exchange
For examine
None of these
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Basic Economics
What is Demand note ?
Draft payable in lawful money upon demand
Security payable in lawful money upon demand
Cheque payable in lawful money upon demand
Term deposit payable in lawful money upon demand
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Basic Economics
National income of a country is based on ?
Personal incomes of all the citizens
The sum of all factors of income
The taxes earned by the State
Surplus of exports over imports
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Basic Economics
Name a corporation that owns enough voting stock in another firm to control management and operations by influencing of electing its board of directors ?
Father company
Mother company
Holding company
joint company
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Basic Economics
Which term is used for a bank account which can be operated at will ?
Fixed account
Saving Account
Current account
Fluctuated account
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Basic Economics
Minimum price of a commodity fixed by government to save the interest of producer of raw materials is called ?
Floor price
Bid Price
Fixed price
Basic Price
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Basic Economics
Which is most likely to cause a more even distribution of income ?
An increase in managers salaries
An increase in indirect taxes
An increase in progressive taxation
An increase in the rate of inflation
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Basic Economics
Which of the following is not required while computing Gross National Product (GNP) ?
Private investment
Net foreign investment
Per capita income of citizens
None of the above
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Basic Economics
Downsizing is______________?
to make in a smaller size
to make in a half size
to make in a actual size
None of the above
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Basic Economics
A very rapid growth in prices in which money loses its value to the point where even barter may be preferable is known as ?
Deflation
Hyper-inflation
Inflation
Disinflation
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