A. Economics assistance provided by social security
B. Economic assistance to persons who faced unemployment, disability of agedness, financed by assessment of employers and employees
C. Both a & b
D. Nor a nor b
Economics Mcqs
Which term is used for an engagement in risky business with the idea of making a large profit in short time ?
A. Idealism
B. Blind game
C. Speculation
D. Risk covering
Government granted monetary assistance to a person or a group in support of an enterprise regarded as being in public interest. This is called subsidy. Point out the statement which is also a subsidy ?
A. Financial assistance given by one person or government to another
B. Financial assistance given to poor people
C. Financial assistance given to aged people
D. Financial assistance given to small companies
Which theory of economic management focuses on encouraging product through tax reduction ?
A. Liberalism
B. Free market economics
C. Supply-side economics
D. Supervised market
Government levy tax on imports and exports What this tax is called ?
A. Custom
B. Exercise Duty
C. Tariff
D. Freight
A bank deposit, that cannot be withdrawn before the date which is specified at the time of deposit, is called ?
A. Bond deposit
B. term deposit
C. time deposit
D. Fixed investment
Trade name is ?
A. Used to identify a commercial product or service
B. By which commodity service or process is known to trade
C. Under which a business firm operates
D. All of them
Government borrows in the form of promissory note to repay the bearer after some fixed days from the date of issue. How is called such borrowing ?
A. Bond
B. Treasury bill
C. Term bound
D. Securities
What is underwriter ?
A. To assume financial responsibility for grantee against failure
B. To sign so as to assume liability in case of specified losses
C. To guarantee the purchase or to agree to buy the unsold part of stock at fixed time and price
D. All of them
What is referred by the Working capital ?
A. Assets of business that can be applied to its operation
B. Amount of current assets that exceeds current liabilities
C. Both of them
D. None of them