Economics MCQs 35

The budgetary stance of central government is called:
(a) Trade Policy
(b) Fiscal Policy-✔️
(c) Economic Policy
(d) None of the above

The capital that is not invested in fixed assets hut the work in process is called:
(a) Floating Change
(b) Floating debt
(c) Floating Trust.
(d) Floating Capital-✔️

The administered transfer of resources from the advanced countries to the developing countries for the purpose of encouraging economic growth is called:
(a) Foreign Exchange
(b) Foreign Balance
(c) Foreign Aid-✔️
(d) Foreign Reserves

Claims on another country held in the form of the currency of that country are known as:
(a) Foreign Aid
(b) Foreign Exchange-✔️
(c) Both of the above
(d) None of the above

What is meant by foreign investment?
(a) The market in which transactions are conducted to effect the transfer of the currency of one country into that of another
(b) The transfer of resources from developed to developing countries.
(c) The acquistion by governments, institutions or individuals in one country of assets in another-✔️
(d) All of the above

The contractual arrangement under which an independent franchisee produces or sells a product or service under the brand name of the franchiser is known as
(a) Franchising-✔️
(b) License
(c) Warrant
(d) Charter

A market in which supply and demand are not subject to regulation other than normal competition policy is termed:
(a) Forward Market
(b) Free Market-✔️
(c) Foreign-exchange Market
(d) None of the above

The condition in which the independent flow of goods and services in international exchange is neither restricted nor encouraged by direct government intervention is known as:
(a) Free Trade-✔️
(b) Barter Trade
(c) Both of the above
(d) None of the above

Non-wage or salary rewards provided for employees are called;
(a) Fringe Benefits-✔️
(b) Basic Pay
(c) Social Security
(d) None of the above

The process of converting short term to long term debt by the sale of long term securities and using the funds raised to pay off short-term debt is called:
(a) Funding-✔️
(b) Debt retirement
(c) Borrowing(d) All of the above