Business and Economics Quiz

What is the basic economic problem?

• Unemployment

• Scarcity

• Inflation

• Deflation

Expand GATT

• General Arrangement on Trade and Tariff

• General Agreement on Trade and Transport

• General Agreement on Trade and Tariff

• General Arrangement on Trade and Transport

The quick ratio is known as:

• Liquidity ratio

• Current ratio

• Fixed assets ratio

• Profitability ratio

The formula for calculating gross profit is:

• Sales - cost of goods sold

• Sales + cost of goods sold

• Sales - expenses

• Revenue - liability

The ratios are primarily measures return:

• Liquidity

• Activity

• Debit

• Profitability

Current liabilities are to be paid within

• 3 month

• 6 month

• 9 month

• 12 month

Which type of plan details the day-to-day activities of an organisation?

• Policy

• procedure

• Rule

• Budget

Liquidity ratios are expressed in:

• Pure ratio from

• Percentage

• Rate of time

• None of the above

What is the scope resolution operator in C++?

• .

• ::

• ->

• :

What is the full form of PIN as used with debit/credit cards?

• Permanent Identification Number

• Personal Identification Number

• Private Information Number

• Public Internet Network