A. Company
B. Corporation
C. Cooperative
D. Limited Company
Economics Mcqs
What is the cost effective ?
A. Cheap things
B. Substandard things
C. Economical in terms of the goods or services received for the money spent
D. Free in terms of the goods or services received for the money spent
Cost of production plus a fixed rate of profit is called ?
A. cost plus
B. Cost effective
C. End price
D. Consumer price
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