Economics MCQs

Page No. 406

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


a Public offering

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bPublic floating

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c going public going public

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dComing public

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View Answer going public

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


aFree float

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b Clean float

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c Both of them

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dNone of them

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View Answer Both of them

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 ?


aForeclosure

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bDefault

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cBankrupt

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d None of these

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View Answer Foreclosure

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


aPagged exchanged rate

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b Fixed exchange rate. Fixed exchange rate

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cRelative exchange rate

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d Knotted exchange rate

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


a Cooperative company

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b Finance corporation

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c Limited company

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dFinance company

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An exchange arrangement was formed in 1979 that governs the currencies of European union member countries. What this arrangement called ?


aEuropean Currency System (ECS)

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bEuropean Monetary Mechanism (EMM)

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cCommon Monetary System (CMS)

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dEuropean Monetary Fund (EMF)

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What does mean by ‘Emerging Markets ?


aFinancial markets of developing economies

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bFinancial markets of East Europe’s economies

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c Financial markets of Asian economies

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dFinancial markets of Latin America

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A tax on imports exports, or consumption goods is called ?


a Drawback

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bDuty

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cCustom

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dExcise

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View Answer Duty

Portion of a company’s profit paid to common and preferred shareholders is called ?


aGross Profit

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bProfit share

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c Dividend

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dRight share

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View Answer Dividend

What is called that market in which supply overwhelms demand ?


a Deflated market

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bDepressed market

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cBearish market

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dWeak market

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View Answer Depressed market

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