Questions and answers for exam Preparation

MCQs

Total Questions : 932 | Page 92 of 94 pages

Question 911. What is the reduction in the money value of capital asset is called ?

Capital expenditure
Capital loss
Loss
Deficit

Discuss Question

Answer: Option B. -> Capital loss
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!

Question 912. What refers to the negotiable claim issued by a bank in lien of a term deposit ?

Time deposit
Bond
Capital gain certificate
Certificate of deposit

Discuss Question

Answer: Option D. -> Certificate of deposit
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!

Question 913. What denotes in the fall in the exchange rate of one currency in terms of the others? This term is usually applies to the floating exchange rate______________?

Currency appreciation
Currency depreciation
Currency devaluation
Currency float

Discuss Question

Answer: Option B. -> Currency depreciation
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!

Question 914. 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 ____________________?

Currency appreciation
Currency depreciation
Currency devaluation
Currency float

Discuss Question

Answer: Option C. -> Currency devaluation
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!

Question 915. What refers to the saving which takes place because goods are not available for consumption rather than consumer really want to save ?

Compulsory saving
Consumer saving
Forced saving
All of the above

Discuss Question

Answer: Option C. -> Forced saving
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!

Question 916. As applied to capitalized asset, the distribution of the initial cost by a periodic changes to operation as in depreciation or the reduction of a debt by either periodic or irregular prearranged programs is called ___________________?