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Basic of Economics – MCQs

428 questions. Click to practice.

Correct options are highlighted when revealed.

1.Which term refers to a stock that is traded at a premium price?

2.What term describes the condition where a debtor fails to settle all debts owed to creditors?

3.Indonesia is the leading global exporter of which product?

4.Which product is Malaysia primarily known for exporting?

5.Which commodity is India the leading exporter of?

6.Which nation leads in the export of jute worldwide?

7.Which product is South Africa primarily known for exporting?

8.Which of the following products is the United States the leading exporter of?

9.Identify the option that does not represent an indirect tax.

10.Identify the general term used for companies in the securities sector that engage in buying, selling, and underwriting securities.

11.What term describes the difference between the value of a country's imports and exports, whether imports exceed exports or vice versa?

12.What term describes an extra fee imposed on a particular charge?

13.Which asset, established by the IMF in 1967, serves as an international reserve based on a basket of major global currencies?

14.What is the term for interest computed solely on the initial principal amount without compounding?

15.Loans from banks that are extended to longer repayment periods to help borrowers manage payments are known as ____________.

16.What is the term for a company that is officially listed with the SEC following the submission of necessary documents and adherence to disclosure regulations?

17.What term describes the assessment of a company's debt quality conducted by agencies such as Moody’s, S&P, and Fitch Investors Services?

18.What is the term for the authorization, either written or electronic, allowing someone else to cast a shareholder's vote on their behalf?

19.What does the term 'Portfolio' signify in finance?

20.In business terminology, what does the abbreviation P2P commonly stand for?