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Basic Economics
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Basic Economics
Depression is a drastic decline in a national or international economy. It’s characteristic is_____________?
Falling prices
Decreasing business activity
Unemployment
All of these
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Basic Economics
What is called the excess of purchase price over fair market value of net assets that are acquired under the purchase method of accounting ?
Up level
Bonus
Goodwill
Upgradation
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Basic Economics
How is known the process in which an investment company continually offers new shares and buys existing shares back on demand and uses its capital to invest in diversified securities of other companies ?
Liquid fund
Mutual fund
combine fund
Stock holding company
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Basic Economics
What 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 these
None of the above
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Basic Economics
The branch of economics ‘Microeconomics’ deals with______________?
small units, including individual companies and small group of consumers
Economics of stock market
Economics of homes
Economics of provinces
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Basic Economics
The branch banking system is in vogue in most countries of the world. In which country was it first developed?
Canada
UK
South Africa
Australia
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Basic Economics
Unlike a black market, what is called a system of secretly selling or trading commodities which is not necessarily illegal ?
Grey market
Red market
White market
Open market
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Basic Economics
A borrower gives to creditor a security to grantee repayment of a loan. What is this security called ?
Assurance
Pledge
Collateral
Guaranty
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Basic Economics
What is called when a private company first offers shares to the public market and investors ?
Public floating
Public offering
going public
Coming public
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Basic Economics
Which property the paper money does not possess
Divisibility
Acceptability
Durability
Portability
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