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Question-1
When people are willing to do job, but cannot find anything, the condition is termed:
(A)
Inflation
(B)
Unemployment
(C)
Balance of payments
(D)
Real income
Question-2
The tax on the profits made by business is:
(A)
Corporate tax
(B)
Disposable income
(C)
Direct tax
(D)
Indirect tax
Question-3
A legal meeting which consider workers complaints of unfair dismissal or discrimination in work is:
(A)
Exchange rate
(B)
Ethical decision
(C)
Industrial tribunal
(D)
Race relation
Question-4
Tax on an imported good is:
(A)
Tax
(B)
Import tariff
(C)
Export tax
(D)
Export duty
Question-5
Sale of Goods Act was passed in:
(A)
1979
(B)
1951
(C)
1968
(D)
1974
Question-6
A change in interest rate by government is:
(A)
Taxation
(B)
Repo rate
(C)
Monetary policy
(D)
Exchange rate
Question-7
The other name of trade cycle.
(A)
Business cycle
(B)
Fall in cycle
(C)
Growth cycle
(D)
Decentralisation
Question-8
Decision taken under the influence of moral code is:
(A)
Ethical decision
(B)
Moral decision
(C)
Empirical decision
(D)
Group decision
Question-9
The difference between country's exports and imports is called:
(A)
Exchange rate
(B)
Inflation
(C)
Balance of payments
(D)
Repo rate
Question-10
Trade Description Act was passed in:
(A)
1958
(B)
1968
(C)
1978
(D)
1988
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Cambridge Advanced Grade 11
IGCSE
Practice in Related Chapters
Stakeholders in a Business
Managing a Business
Financing Business Activity
External Economic Influences on Business Behaviour
Enterprise
Business Structure
Size of Business
Business Objectives
The Purpose of Business Activity
Forms of Business Organisation
Types of Business Activity
Business Costs and Revenue
Recruitment,Training and Human Resources
Other External Influences on Business
Organisational Structure
Government and Economic Influences on Business
Communication in Business
Motivation at Work
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