Which of the following is a valid currency______________?

Related Mcqs:

1. The national security argument for protection is more likely to be valid when ?

   A. The purpose is to maintain protection for an indefinite time period B. The industry is characterized by increasing returns to scale C. The economy operates during a recession D. The protected industry provides invaluable goods during periods of war...

2. If a company (considering its options on the product/market expansion grid) chooses to move into different unrelated fields (from what it ha ever done before) with new products as a means to stimulate growth the company would be following which of the following general strategies ?

   A. market penetrations B. market development C. product development D. diversification...

3. Which of the following is indicated by the term unemployed ?

   A. Employed only part time when one needs full time employment B. Inadequately employed C. Note fully used or employed D. All of them...

4. Which of the following are bonds that are not registered on the books of the issuer ?

   A. Open bond B. Blank bond C. Term bond D. Bearer bond...

5. 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 C. Both of them D. None of them...

6. Which of the following is called a wholly or partially owned company what is the part of the large corporation?

   A. Baby company B. Child company C. Small holding D. Subsidiary...

7. Which of the following is not required while computing Gross National Product (GNP) ?

   A. Net foreign investment B. Private investment C. Per capita income of citizens D. None of the above...

8. Which of the following would cause income to become more unequal ?

   A. Increased employment B. Increased unemployment allowance C. More progressive taxes D. More regressive taxes...

9. Which of the following terms refers to income that is saved and not invested ?

   A. Capital B. Deposit C. Hoarding D. Profit...

10. Which of the following is rate of interest the major international banks charge each other for borrowings ?

    A. New York Interbank Offered Rates (NIBOR) B. international Interbank Offered Rates (IOBOR) C. London Interbank Offered Rate (LIBOR) D. USA Interbank Offered Rate (UIBOR)...