The amount value of an asset in business records is not necessarily identical to the amount that the asset could bring on the open market. What is it called ?
A. Open value
B. Book value
C. Real value
D. Artificial value
A. Open value
B. Book value
C. Real value
D. Artificial value
A. Certificates
B. Sureties
C. Security bonds
D. Bond
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