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Basic Economics
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Basic Economics
GNP includes ?
A loan from one’s parents
A loan from a bank
Gifts and donations
A broker’s commission
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Basic Economics
Name a gold, silver, or platinum coin than usually traded at slightly more than its current bullion value ?
Green Leaf
Maple Leaf
Hard Leaf
Gold Leaf
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Basic Economics
Which of the following is not rated by credit rating agencies ?
Shares
Commercial paper
Debentures and bonds
Government securities
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Basic Economics
What is mortgage______________?
Conveyance of property as security for debt
Guarantee for debt
Conveyance of company security for debt
Assurance of debt repayment
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Basic Economics
A country’s fundamental system of transportation, communications, and other aspects of its physical capabilities are called ?
Infrastructure
Fundamentals
Basic structure
Basic infrastructure
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Basic Economics
Mention the term for an official act of reducing the rate in which one currency is exchanged for another in international currency markets ?
Price cap
Devaluation
Devolution
Cut-rate
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Basic Economics
A government program, social security is ?
Economic assistance to persons who faced unemployment, disability of agedness, financed by assessment of employers and employees
Economics assistance provided by social security
Both (A) and (B)
Nor (A) nor (B)
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Basic Economics
Central bank’s rate of lending to commercial banks is called ?
Discount rate
Interest rate
Money rate
Control rate
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Basic Economics
What is write-Off?
Charging an asset amount to expense of loss
To withdraw
To forget
None of these
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Basic Economics
An exchange arrangement was formed in 1979 that governs the currencies of European union member countries. What this arrangement called ?
European Monetary Mechanism (EMM)
European Currency System (ECS)
Common Monetary System (CMS)
European Monetary Fund (EMF)
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