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MCQs

Total Questions : 434 | Page 44 of 44 pages
Question 431. How is termed the legal proceeding in which debtor remains unable to pay his creditors in full ?
  1.    Bankruptcy
  2.    Default
  3.    Total loss
  4.    Crash
 Discuss Question
Answer: Option A. -> Bankruptcy
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 432. What is called the difference in the money value between exports and imports during the specific period of time ?
  1.    Balance of payment
  2.    Balance sheet
  3.    Terms of trade
  4.    Balance of trade
 Discuss Question
Answer: Option D. -> Balance of trade
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 433. Account is format banking, brokerage or business relationship established to provide for regular services. dealings and other financial transactions. Which of the following phenomenon(s) are also referred by term, Account ?
  1.    A precise list or enumeration of financial transactions
  2.    Money deposited for checking savings or breakage use
  3.    A customer having business or credit relationship with a firm
  4.    All of these
 Discuss Question
Answer: Option D. -> All of these
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 434. The exchange rate is the ratio at which the currency of one country is exchanged for the currency of another. Which method was developed by the World bank to exchange rates ?
  1.    Breton Wood method
  2.    Free market exchange rate
  3.    Atlas method of exchange rate
  4.    Open market exchange rate
 Discuss Question
Answer: Option C. -> Atlas method of exchange rate
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!

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