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Privatization is the transfer of:

A. Corporately owned businesses to individuals.
B. Publicly held stock to private individuals.
C. Government businesses to the private sector.
D. Privately owned businesses to the government sector

The average income of the people of a country during a year termed as

A. National income
B. Domestic income
C. Protection income
D. Per-capita income

Accounting equation is defined as

A. Assets = liabilities + owners’ equity
B. Liabilities = short term liabilities + current assets
C. Liabilities = fixed assets – current assets d. none of these

Current assets include

A. Debtors
B. Stocks
C. Patents
D. Both a and b

Which disease is more common in males than females?

A. Heart diseases
B. Dementia
C. Colour blindness
D. Herpes

In which continent there is no glacier?

A. Africa
B. Australia
C. Asia
D. North america

Lion’s share of UN’s budget is being spent on

A. Diseases
B. Natural disasters
C. Peace
D. Poverty

When the stock market is down falling called:

A. Bullish
B. Bearish
C. Falling
D. Crashing

Home trade does not involve:

A. Whole seller
B. Retailer
C. Producer
D. Importer

An unauthorized contract between a purported agent and a third party that is not ratified by the “principal” is binding on the

A. “agent” only.
B. “principal” only
C. Both on the agent and the principle.
D. None of the above

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