Trade name is ?

A. used to identify a commercial product or service
B. by which commodity service or process is known to trade
C. under which a business firm operates
D. all of them

Government borrows in the form of promissory note to repay the bearer after some fixed days from the date of issue. How is called such borrowing ?

A. bond
B. treasury bill
C. term bound
D. securities

A government program, social security is ?

A. economics assistance provided by social security
B. economic assistance to persons who faced unemployment, disability of agedness, financed by assessment of employers and employees
C. both a & b
D. nor a nor b

Which term is used for an engagement in risky business with the idea of making a large profit in short time ?

A. idealism
B. blind game
C. speculation
D. risk covering

Government granted monetary assistance to a person or a group in support of an enterprise regarded as being in public interest. This is called subsidy. Point out the statement which is also a subsidy ?

A. financial assistance given by one person or government to another
B. financial assistance given to poor people
C. financial assistance given to aged people
D. financial assistance given to small companies

Which theory of economic management focuses on encouraging product through tax reduction ?

A. liberalism
B. free market economics
C. supply-side economics
D. supervised market

What is price support ?

A. to increase price artificially
B. maintenance of price through public subsidy or government intervention
C. to enhance price
D. to maintain price at specific level

How is termed a written promise to pay back a specified sum of money at a stated time or on demand ?

A. promissory note (pn)
B. note of hand
C. both of them
D. none of them

What is called the advocacy of protecting domestic producers by impeding or limiting the importation of foreign goods and services ?

A. domestication
B. protectionism
C. localization
D. national interest

What is comprised by public sector ?

A. public corporations
B. central and local government.
C. nationalized industries
D. all of them