What is the business of accepting deposits and lending money called?
(a) Stock market
(b) Trading
(c) Black market
(d) Banking-✔️
The declaration by a court of law that a company or individual is insolvent, i.e., it cannot pay its debts on the due dates is known as
(a) Bankruptcy-✔️
(b) Penury
(c) Both of the above
(d) None of the above
The fixed interest security issued by governments, banks or other financial institutions is also termed
(a) Bargain
(b) Bond-✔️
(c) Compact
(d) Contract
The first class equity share, the purpose of which entails little risk in earnings in recession is called:
(a) Blue disc
(b) Blue chip-✔️
(c) Both of the above
(d) None of the above
Underground economic activity that is not declared for taxation purposes is called
(a) Black Trade
(b) Black Country
(c) Black Economy-✔️
(d) Black List
A trade of goods and services in the exchange for other goods or services rather than for money is known as:
(a) Foreign Trade
(b) Free Trade
(c) Barter Trade-✔️
(d) Limited Trade
In an organized market, an intermediary between a buyer and a seller is called:
(a) Broker-✔️
(b) Stockbroker
(c) Commission agent
(d) Negotiator
What is called if estimate of income and expenditure are for future as opposed to an account that records financial transaction?
(a) Quota
(b) Allocation
(c) Budget-✔️
(d) Estimate
The output from a process designed for the production of some other product, is called
(a) By product-✔️
(b) Main product
(c) Consumer Product
(d) None of the above
The asset that is capable of generating income and that have itself been produced is termed
(a) Credit
(b) Capital-✔️
(c) Annuity
(d) Premium
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