A. cost plus
B. Cost effective
C. End price
D. Consumer price
Basic of Economics
Which term is used for a bank account which can be operated at will ?
A. Saving Account
B. Fixed account
C. Current account
D. Fluctuated account
What is Demand note ?
A. Draft payable in lawful money upon demand
B. Cheque payable in lawful money upon demand
C. Security payable in lawful money upon demand
D. Term deposit payable in lawful money upon demand
Depression is a drastic decline in a national or international economy. It’s characteristic is………….?
A. Decreasing business activity
B. Falling prices
C. Unemployment
D. All of these
What does mean by Deed…………….?
A. legal instrument used to grand a right
B. Something done
C. legal instrument
D. none of the above
What is referred by the discount rate…………….?
A. Advance deduction of the interest in purchasing, selling or lending a commercial paper
B. State (central) Bank’s interest rate on loans to its member banks
C. Both of them
D. None of them
Different workers or group of workers separate the production works and trade into……….processes. What this separation is called?
A. Divided Labor
B. Closed shop
C. Division of Labor
D. Open shop
Downsizing is…………..?
A. to make in a smaller size
B. to make in a actual size
C. to make in a half size
D. None of the above
Which money is called ‘Earnest’ Money ?
A. Advanced payment to bind a contract or bargain
B. A token of something to come
C. A promise or assurance
D. All of these
Endorsement means anything written upon the back of the document What does means by Endorse ?
A. To verify signature
B. To verify the person holding cheque
C. To sign one’s name upon the back of cheque
D. To sign one’s name upon the front of cheque