What is referred by the hard currency ?

A. any currency backed by gold or silver bullion rather than credit
B. stable currency value of which does not fluctuate greatly
C. both of them
D. none of them

Mention the penalty by which a person loses title of his property, that is a result of some illegal act ?

A. confiscation
B. bankruptcy
C. forfeiture
D. debenture

Which of the following is known as foreign exchange ?

A. transaction of international monetary business
B. negotiable bills drawn in one country to be paid in another country
C. both of them
D. none of them

How is termed the group which consists of Singapore, Hong kong, Taiwan, and south Korea ?

A. four dragons
B. little tigers
C. four tigers
D. all of these

Free port is ?

A. where no export duties are levied
B. where no import duties are levied
C. where no expert or import duties are levied
D. where everything can be import or export

Term the interchange of commodities across political frontiers without restriction such as tariffs, quotas, or foreign exchange controls ?

A. open trade
B. free trade
C. open sky trade
D. easy trade

Beyond any mortgage thereon and liability therein, the residual value of a business or property is called equity. Which of the following are also included by term equity ?

A. the market value of securities less any debt incurred and common stock and preferred stock
B. funds provided to a business by the sale of stock
C. both of them
D. none of them

What meant by excise ?

A. a tax levied on certain articles produced and consumed in a country
B. a licensing charge or a fee levied for certain privileges
C. both of these
D. none of the above

In Western Europe in 9th C, originated military and social system in which a nobleman would grant the use of land to servant in return for service which is often military, and duty, Name the system ?

A. military system
B. land based system
C. feudal system
D. rural system

An organization plans the use of its fund during a 12-month period. What is this period called ?

A. fiscal period
B. calendar year
C. year unit
D. fiscal year (fy)