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Basic Economics
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Basic Economics
Free port is ?
Where no import duties are levied
Where no export duties are levied
Where no expert or import duties are levied
Where everything can be import or export
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Basic Economics
The amount that is paid for carriage of goods by chips, railways, airways etc is called ?
Rent
Hire and Fire
Transportation Changes
Freight
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Basic Economics
Downsizing is ?
to make in a smaller size
To make in half size
to make in actual size
None of these
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Basic Economics
An organization plans the use of its fund during a 12-month period. What is this period called ?
Calendar year
Fiscal period
Year unit
Fiscal year (FY)
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Basic Economics
Which situation will a country face, if the birth rate falls sharply, while the death rate remains unchanged ?
a more youthful population
a fall in living standards
an ageing population
an increase in population
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Basic Economics
Which measures. taken by a government would be intended to raise the price of imports ?
Foreign exchange controls
Embargoes
Quotas
Tariffs
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Basic Economics
Term the covering of a short position by purchasing a long contract, usually resulting from the short of a commodity ?
Drawback
Buyback
Short-positioning
None of them
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Basic Economics
Which branch of accounting provides information to help the management of a firm evaluate production costs and efficiency ?
Ultra-country economic risk
Cost Accounting
Efficient Account
Outcome risk
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Basic Economics
What is Debt retirement______________?
To reschedule debt
To write off debt
To repay debt in easy installments
The complete repayment of debt
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Basic Economics
Which of the following is indicated by the term unemployed ?
Inadequately employed
Employed only part time when one needs full time employment
Note fully used or employed
All of them
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