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Basic Economics
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Basic Economics
Restriction on import or export of specified or all goods with a foreign nation by the Government is called ?
Embargo
Ban
Contraband
Restriction
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Basic Economics
The term “Dumping” means ?
Sale in a foreign market of a commodity just at marginal cost without too much of profit
Sale in a foreign market of a commodity at a price below marginal cost
The sale of the sub-standard commodity
Smuggling of goods without paying any customs duty
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Basic Economics
Which kind of Tax is Federal subject ?
Property Tax
Excise Tax
Zakat
General Sales Tax
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Basic Economics
A long-term asset, such as land or building is termed as ?
capital asset
solid capital
solid asset
Future asset
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Basic Economics
What is meant by excise?
A licensing charge or a fee levied for certain privileges
A tax levied on certain articles produced and consumed in a country
Both of them
None of them
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Basic Economics
Who among the following is most benefited from inflation ?
Creditors
Government pensioners
Savings Bank Account holders
Debtors
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Basic Economics
Which money is called ‘Earnest’ Money ?
A token of something to come
Advanced payment to bind a contract or bargain
A promise or assurance
All of these
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Basic Economics
Account is format banking, brokerage or business relationship established to provide for regular services. dealings and other financial transactions. Which of the following phenomenon(s) are also referred by term, Account ?
Money deposited for checking savings or breakage use
A precise list or enumeration of financial transactions
A customer having business or credit relationship with a firm
All of these
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Basic Economics
Government borrows in the form of promissory note to repay the bearer after some fixed days from the date of issue. How is called such borrowing ?
Term bound
Treasury bill
Bond
Securities
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Basic Economics
China is the chief exporter of_______________?
Manganese’s
Rubber
Rice
Gold
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