Which of the following is referred by principle ?

A. total amount of money being borrowed or lent
B. party affected by agent decision in a principal agent relationship
C. both of them
D. none of them

There is an arrangement which allows a firm to use research from another firm at no cost in exchange for executing all of its trades with the firm that provides the research. What this arrangement is called?

A. mutual arrangement
B. quid pro quo
C. bilateral arrangement
D. common interest

Estimated value that is added to a product or material to each stage, of its manufacture or distribution, is known as ?

A. value addition
B. excise
C. value added
D. tax on stage

What is artificial currency ?

A. a currency substitutes
B. coins
C. de-valued currency
D. silver

Which of the following is referred by the phrase trade balance ?

A. income from export
B. difference between imports and exports
C. income from imports
D. all of them

The mark is imposed on goods or wrappers to show that the articles bearing this mark belong to a particular trader. What is this mark called ?

A. insignia
B. patent mark
C. trade mark
D. identification mark

Which of the following is indicated by the term unemployed ?

A. employed only part time when one needs full time employment
B. inadequately employed
C. note fully used or employed
D. all of them

When supply exceeds demand, sellers must lower prices to stimulate sales, when demand exceeds supply, prices increase as buyers compete to buy goods. What this theory is called in economics?

A. cost push theory
B. supply and demand theory
C. fundamental theory
D. ricardo’s theory

What is defined as the active management of resources to provide the greatest present benefit without comprising the potential benefits to future generations ?

A. prudent development
B. sustainable development
C. managed economy
D. none of these

The term technology refers to______________?

A. application of science to achieve a commercial or industrial objective
B. application of modern science in the country
C. science based know low
D. all of these