Economics MCQs

Page No. 406

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


a Public offering


bPublic floating


c going public going public


dComing public


View Answer going public

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


aFree float


b Clean float


c Both of them


dNone of them


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


bDefault


cBankrupt


d None of these


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


b Fixed exchange rate. Fixed exchange rate


cRelative exchange rate


d Knotted exchange rate



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


dFinance company



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


aEuropean Currency System (ECS)


bEuropean Monetary Mechanism (EMM)


cCommon Monetary System (CMS)


dEuropean Monetary Fund (EMF)



What does mean by ‘Emerging Markets ?


aFinancial markets of developing economies


bFinancial markets of East Europe’s economies


c Financial markets of Asian economies


dFinancial markets of Latin America



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


a Drawback


bDuty


cCustom


dExcise


View Answer Duty

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


aGross Profit


bProfit share


c Dividend


dRight share


View Answer Dividend

What is called that market in which supply overwhelms demand ?


a Deflated market


bDepressed market


cBearish market


dWeak market


View Answer Depressed market

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