What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product ?

Related Mcqs:

1. What stock represents ownership and enjoys certain preferences than ordinary stock ?

   A. Authorized stock
   B. Preferred stock
   C. Incorporator’s stock
   D. Presidential stock

2. A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years ?

   A. P 222.67
   B. P 212.90
   C. P 236.20
   D. P 231.56

3. “Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the_________________?

   A. Law of diminishing return
   B. Law of supply
   C. Law of demand
   D. Law of supply and demand

4. The resultant upward pressure of a fluid on a floating body is equal to the weight of the fluid displaced by the body. This definition is according to____________________?

   A. Buoyancy
   B. Equilibrium of a floating body
   C. Archimedes’ principle
   D. Bernoulli’s theorem
   E. Metacentric principle

5. The resultant upward pressure of the fluid on an immersed body due to its tendency to uplift the sub-merged body is called___________________?

   A. upthrust
   B. reaction
   C. buoyancy
   D. metacentre
   E. center of pressure

6. What is defined as a financial security note issued by business or corporation and by the government as a means of borrowing long-term fund ?

   A. T-bills
   B. Securities
   C. Bond
   D. Bank notes

7. A type of bond where the corporation pledges securities which it owns such as the stock or bonds of one of its subsidiaries ?

   A. Mortgage bond
   B. Joint bond
   C. Security bond
   D. Collateral trust bond

8. The settling velocity of a spherical particle of diameter less than 0.1 mm as per Stock’s law, is__________________?

   A. Vs = 418 (Gs – Gw) d [(3T + 70)/100]
   B. Vs = 418 (Gs – Gw)d² [(3T + 70)/100]
   C. Vs = 218 (Gs – Gw)d² [(3T + 70)/100]
   D. Vs = 218 (Gs – Gw)d [(3T + 70)/100]

9. The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ____________________?

   A. Currency appreciation
   B. Currency depreciation
   C. Currency devaluation
   D. Currency float

10. The pressure in Pascals at a depth of 1 m below the free surface of a body of water will be equal to________________?

    A. 1 Pa
    B. 91Pa
    C. 981 Pa
    D. 9810 Pa
    E. 98,100 Pa