Term the written order which directs that a specified sum of money be paid to a specified person ?
A. Bill of Exchange BE
B. Bill of Lading
C. Bearer Cheque
D. None of them
Governments and corporations sell interest bearing certificates to raise money for expansion or trade. What is called these certificates ?
A. Certificates
B. Sureties
C. Security bonds
D. Bond
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
The intermediary agent in the purchase and sale of any good is known as ?
A. Dealer
B. Broker
C. Agent
D. Commission agent
What is called the rules of laws which governs the internal affairs of an organization ?
A. Corporate Laws
B. Secondary Laws
C. By laws
D. Internal Laws
A long-term asset, such as land or building is termed as ?
A. capital asset
B. solid asset
C. solid capital
D. Future asset
What is called the crop which is grown for sale rather than the farmer’s own use ?
A. Business Crop
B. Cash crop
C. Money Crop
D. Earning Crop
Which of the following is the Pakistan’s central bank ?
A. State Bank
B. National Bank
C. Both of them
D. None of them
A borrower gives to creditor a security to grantee repayment of a loan. What is this security called ?
A. Pledge
B. Assurance
C. Collateral
D. Guaranty
How I measured the change in the cost of basic goods and services in comparison with a fixed base period ?
A. Human Development Index (HDI)
B. Consumer Price Index (CPI)
C. Complete Price Index (CPI)
D. Comparative Price Index (CPI)
