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Basic of Economics

Which form of business organization falls between a corporation and partnership ?

September 9, 2021May 26, 2019 by admin
Which form of business organization falls between a corporation and partnership ?

A. joint company
B. Joint stock company
C. Limited joint company
D. Limited Company

Categories Basic of Economics, Economics Mcqs

Who is insolvent_______________?

September 9, 2021May 26, 2019 by admin
Who is insolvent_______________?

A. A firm that is unable to pay debts
B. A firm that is liquidated
C. A firm that is for sale
D. A firm that has more liabilities than assets

Categories Basic of Economics, Economics Mcqs

Which money is called Hot money ?

September 9, 2021May 26, 2019 by admin
Which money is called Hot money ?

A. That moves across country borders in response to interest rate differences
B. That moves away when the interest rate differential
C. Both of them
D. None of them

Categories Basic of Economics, Economics Mcqs

What is called that legal process through which a company receives a charter and state in which it is based allows it to operate as corporation ?

September 9, 2021May 26, 2019 by admin
What is called that legal process through which a company receives a charter and state in which it is based allows it to operate as corporation ?

A. Going legal
B. Book corporation
C. Chartered corporation
D. Incorporation

Categories Basic of Economics, Economics Mcqs

What is called the excess of purchase price over fair market value of net assets that are acquired under the purchase method of accounting ?

September 9, 2021May 26, 2019 by admin
What is called the excess of purchase price over fair market value of net assets that are acquired under the purchase method of accounting ?

A. Bonus
B. Up level
C. Goodwill
D. Upgradation

Categories Basic of Economics, Economics Mcqs

What is called when a private company first offers shares to the public market and investors ?

September 9, 2021May 26, 2019 by admin
What is called when a private company first offers s to the public market and investors ?

A. Public offering
B. Public floating
C. going public
D. Coming public

Categories Basic of Economics, Economics Mcqs

Which exchange rate system is characterized by the absence of government intervention ?

September 9, 2021May 26, 2019 by admin
Which exchange rate system is characterized by the absence of government intervention ?

A. Free float
B. Clean float
C. Both of them
D. None of them

Categories Basic of Economics, Economics Mcqs

By which process the holder of a mortgage seizes the property of a homeowner who has not made interest and or principal payments on time as stipulated in the mortgage contract ?

September 9, 2021May 26, 2019 by admin
By which process the holder of a mortgage seizes the property of a homeowner who has not made interest and or principal payments on time as stipulated in the mortgage contract ?

A. Foreclosure
B. Default
C. Bankrupt
D. None of these

Categories Basic of Economics, Economics Mcqs

Term a country’s decision to tie the value of its currency to another country’s currency gold or a basket of currencies ?

September 9, 2021May 26, 2019 by admin
Term a country’s decision to tie the value of its currency to another country’s currency gold or a basket of currencies ?

A. Pagged exchanged rate
B. Fixed exchange rate
C. Relative exchange rate
D. Knotted exchange rate

Categories Basic of Economics, Economics Mcqs

What is called that company which make loans to individuals, while not receiving deposits like a bank ?

September 9, 2021May 26, 2019 by admin
What is called that company which make loans to individuals, while not receiving deposits like a bank ?

A. Cooperative company
B. Finance corporation
C. Limited company
D. Finance company

Categories Basic of Economics, Economics Mcqs
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