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Basic Economics
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Basic Economics
What is called the overall study of aspects and working of a national economy ?
Macroeconomics
Mega economics
Gross economics
Micro economics
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Basic Economics
Monoculture is ?
Farming practice of growing a single crop
Homogeneous market
Homogeneous Nations
Homogeneous business
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Basic Economics
By which process the holder of a mortgage seizes the property of a homeowner who has not made interest and or principal payments on time as stipulated in the mortgage contract ?
Foreclosure
Bankrupt
Default
None of these
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Basic Economics
Name the system in which the means of production and distribution are privately or corporate owned and development is proportionate to the accumulation and reinvestment of profits which are gained in a free market ?
Capitalism
Free market economy
Socialism
Liberalism
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Basic Economics
There is an arrangement which allows a firm to use research from another firm at no cost in exchange for executing all of its trades with the firm that provides the research. What this arrangement is called?
Bilateral arrangement
Quid Pro quo
Mutual arrangement
common interest
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Basic Economics
Which of the following is not an instrument of monetary policy ?
Taxation
Open-market operations
Bank rate
Credit rationing
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Basic Economics
What is called that debt obligation backed strictly by the borrower’s integrity ?
Debenture
Credit rating
Securities
None of them
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Basic Economics
What is called the rules of laws which governs the internal affairs of an organization ?
Secondary Laws
Corporate Laws
By laws
Internal Laws
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Basic Economics
What is called the crop which is grown for sale rather than the farmer’s own use ?
Money Crop
Cash crop
Business Crop
Earning Crop
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Basic Economics
A market in which prices are in an upward trend is known as ?
Bull market
Upward market
Beamish market
Hot market
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