MCQs Master - MCQs Master - Page 383 of 781

Which conception of welfare refers to the provision of a “safety net” for disadvantaged populations ?

A. behaviorist
B. egalitarian populist
C. residua list
D. social insurance

Economics and Business

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Which of the following is not a revenue expense?

A. Cost of raising a loan
B. Cost of accessories of motor vehicles spent at the time of purchase
C. Expenses incurred for laying of sewers on land purchased
D. Insurance premium paid at the time of registration of the ship

Economics and Business

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__________ Bank has been awarded the license to become the first Pakistani bank to offer financial services to clients in Beijing, China?

A. Habib Bank Limited (HBL)
B. Meezan Bank Limited (MBL)
C. Askari Bank Limited (ABL)
D. United Bank Limited (UBL)

Economics and Business

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The __________ is practiced most aggressively with unsought goods, goods that buyers normally do not think of buying, such as insurance, encyclopedias, and funeral plots.

a. Marketing concept
b. Selling concept
c. Production concept
d. Product concept

Economics and Business

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Computers that are used in large organizations such as insurance companies and banks, where many people frequently need to use same data, are____?

A. mainframe computers
B. super computers
C. hybrid computers
D. desktop computers

Economics and Business

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Which former chairman of national insurance company limited has been ordered by SC to be arrested in a pending corruption case?

A. Tariq Aziz
B. Ayaz khan niazi
C. Sanaullah khan
D. Mehmood ahmad

Economics and Business

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Insurance prepaid is shown as:___________?

A. Current Asset
B. Current Liability
C. Fixed Asset
D. Income

Economics and Business

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If unexpired insurance appears in the Trial Balance, it should be:

A. Credited to the Profit & Loss Account
B. Debited to the Profit & Loss Account
C. Shown on the liabilities side of the Balance Sheet
D. Shown on the assets side of the Balance Sheet