Basic Concepts of Economics MCQs

Term the covering of a short position by purchasing a long contract, usually resulting from the short of a commodity ?

A. Short-positioning
B. Buyback
C. Drawback
D. None of them

Name the price at which the issuer of a bond may retire part of the pond at a specified call date ?

A. Call price
B. Bid price
C. Term Price
D. Future Price

The French term Bourse refers to _______?

A. A big company
B. Stock market
C. Joint-stock
D. A multinational company

From the sale of capital assets tax is levied on profits. What this tax is called ?

A. Profit tax
B. Capital gains tax
C. Excise duty
D. Capital tax

Which of the following is Price of the last transaction of a particular stock completed during a day’s trading session on an exchange ?

A. Night Price
B. Closing Price
C. End price
D. Final price

What is called that executive who is brought in to turn a company around and make it profitable ?

A. Savior
B. Company doctor
C. Super manager
D. Manager doctor

Term a film that is engaged in two or more unrelated businesses ?

A. Conglomerate
B. Multinational
C. giant
D. Incorporation

What is referred a group of companies that cooperate and share resources in order to achieve a common objective ?

A. Consortium
B. Pool
C. Incorporation
D. Conglomerate

What is called interest payments plus repayments of principal to creditors ?

A. Debt retirement
B. Debt relief
C. Debt service
D. Payback

What is called when government spending overwhelms government revenue resulting in government borrowing ?

A. Budget deficit
B. Deficient financing
C. Unbalanced spending
D. Deficit spending

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