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Basic of Economics

From the sale of capital assets tax is levied on profits. What this tax is called ?

A. Profit tax
B. Capital gains tax
C. Excise duty
D. Capital tax

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Which of the following is Price of the last transaction of a particular stock completed during a day’s trading session on an exchange ?

A. Night Price
B. Closing Price
C. End price
D. Final price

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What is called that executive who is brought in to turn a company around and make it profitable ?

A. Savior
B. Company doctor
C. Super manager
D. Manager doctor

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Term a film that is engaged in two or more unrelated businesses ?

A. Conglomerate
B. Multinational
C. giant
D. Incorporation

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What is referred a group of companies that cooperate and share resources in order to achieve a common objective ?

A. Consortium
B. Pool
C. Incorporation
D. Conglomerate

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What is called the centers around the ability of a national economy to generate enough interests and principal on its foreign debt ?

A. National economic risk
B. Country economic risk
C. Country finance risk
D. Foreign exchange risk

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What is called the manipulation of the market by traders to create the illusion of active volume to attract investors ?

A. Daisy chain
B. Illusion
C. False market
D. Manipulated market

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Name a default on debt and obligations by a major financial institution that disrupts the stability of the economic system ?

A. Debt blast
B. Debt bomb
C. Bad debt
D. None of them

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What is called interest payments plus repayments of principal to creditors ?

A. Debt retirement
B. Debt relief
C. Debt service
D. Payback

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What is called when government spending overwhelms government revenue resulting in government borrowing ?

A. Budget deficit
B. Deficient financing
C. Unbalanced spending
D. Deficit spending

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