Economics MCQs

Page No. 426

What is called bankruptcy practitioner appointed by secured creditors to oversee the repayment of debts?


aLiquidator


b Solicitor


cReceiver


dAgent


View Answer Receiver

A piece of land and whatever physical property is on it is called?


aSolid asset


b Unmovable property


c Real estate


d Property What is called bankruptcy practition


View Answer Real estate

There is an arrangement which allows a firm to use research from another firm at no cost in exchange for executing all of its trades with the firm that provides the research. What this arrangement is called?


a Mutual arrangement


bQuid Pro quo


cBilateral arrangement


dcommon interest


View Answer Quid Pro quo

Which of the following is referred by principle ?


a Total amount of money being borrowed or lent


b Party affected by agent decision in a principal agent relationship


cBoth of them


d None of them


View Answer Both of them

Possibility of negative events or changes in the business climate of country is called?


aDomestic risk


bPolitical risk


c National risk


dCountry risk


View Answer Political risk

There is a decentralized market where geographically dispersed dealers are linked by telephones and computer screens. The market is for securities not listed on a stock or bond exchange. Name the market ?


a Grey market


bOver-the counter (OTC)


cOpen market


d Back market



Name a market that is characterized by a small number of producers who often act together to control the supply of a particular good and its market price ?


aOligopoly


bMonopoly


cOligopsony


dGrey market


View Answer Oligopoly

Mention an electronic quotation system in USA that provides price quotations to market participants about more actively traded common stock issues in OTC market ?


aNational Association of Securities Dealers Automatic Quotation system (Nasdaq)


bNew York Stock Exchange


c Wall Street


d Nikkei Stock Average



Name a gold, silver, or platinum coin than usually traded at slightly more than its current bullion value ?


a Hard Leaf


bMaple Leaf


cGreen Leaf


dGold Leaf


View Answer Maple Leaf

Asset that is easily and cheaply turned into cash-notably, cash itself and short-term securities are known as______________?


a Liquid asset


bSolid asset


cHard asset


d None of these


View Answer Liquid asset

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