commerce quiz

The first instance of demonetisation in India was on

• 1945

• 1947

• 1946

• 1949

Govt. policy about exports and imports is called

• Commercial policy

• Fiscal policy

• Monetary policy

• Finance policy

The Industrial policy resolution was passed first in

• 1947

• 1956

• 1931

• 1948

Tax on imports is considered as an example of

• Collateral

• Trade barriers

• Foreign trade

• Terms of trade

Which branch of economic theory is associated with the difficulty of resources allocation?

• Econometrics

• Microeconomics theory

• Macroeconomics theory

• None of the above

The creation of choice is done by _________ .

• Scarcity of resources

• Less choices

• The urgency of needs

• Abundance of resources

GAAP stands for:

• Generally Accepted Accounting Provisions

• Generally Accepted Accounting Policies

• Generally Accepted Accounting Principles

• None of these

Which is the first commercial bank incorporated by the Indians in 1881?

• Imperial Bank of India

• Awadh commercial Bank

• Reserve Bank of India

• State Bank of India

NBFC stands for

• New banking finance company

• New business finance and credit

• National banking and Finance Corporation

• Non banking financial company

The Law of Demand is measured from the perspective of

• Consumer

• Shopkeeper

• Wholesaler

• Manufacturer