Term the written order which directs that a specified sum of money be paid to a specified person ?
A. Bill of Exchange BE
B. Bill of Lading
C. Bearer Cheque
D. None of them
A. Bill of Exchange BE
B. Bill of Lading
C. Bearer Cheque
D. None of them
A. Payable to anyone
B. payable to person holding it
C. payable through account only
D. payable after specific period
Bearer cheque is ? Read More »
Basic of Economics, Economics Mcqs A. Profit in a year
B. Statements of accounts that shows debit and credit accounts under the broad heads
C. Performance of a company
D. Accurate economic position
Balance of sheet is understood as ? Read More »
Basic of Economics, Economics Mcqs A. Balance between a nation’s expenditure on imports and its receipts from exports
B. Total sum a state owned
C. Total liabilities of a nation
D. Shortfall in budget
The balance of payment is ? Read More »
Basic of Economics, Economics Mcqs A. Assembly line
B. Production line
C. Both of them
D. None of them
A. All wealth of a nation
B. Annual Income of the central government
C. All income of the people on a year
D. Income derived from taxes by the central government
National Income is essentially composed of ? Read More »
Basic of Economics, Economics Mcqs A. Monetary policy
B. Fiscal policy
C. Commercial policy
D. Finance policy
Government policy about exports and imports is called ? Read More »
Basic of Economics, Economics Mcqs A. Business inventory accumulate
B. Unemployment exists
C. Price of consumer goods rise
D. People save more than they intended to save
When aggregate supply exceeds aggregate demand ? Read More »
Basic of Economics, Economics Mcqs A. Inflation
B. Deflation
C. Social change
D. Price stability
Development means economics growth plus ? Read More »
Basic of Economics, Economics Mcqs A. Capital
B. Deposit
C. Hoarding
D. Profit
Which of the following terms refers to income that is saved and not invested ? Read More »
Basic of Economics, Economics Mcqs