1.The term "hyper - inflation" is used to denote
a situation with a moderate rise in price livel
an inflationary situation where the external forces are the primary contributing factors
a "runway" or "galloping" inflationary situation where the monetary unit becomes almost worthless
a situation where the cost of living index is rising alarmingly
2."Funded debt" means
all Government securities which are marketable on the stock exchange market
all Government debt which is not marketable on the stock exchange market
Government borrowings guaranteed by the Government
Institutional borrowings guaranteed by the Government
3."Free port" denotes
a port where there are no restrictions on incoming and outgoing vessels
a port where no licence is required for import of goods
a port which allows entry to goods without payment of import duty
a port which allows free entry to goods which are to be re-exported
4."Free trade area" denotes
a group of countries which have decided to impose no duties of any kind on their imports
a group of countries which have decided to impose no duties of any kind on imports from other members of the group
an area where there are no restrictions of any kind on the trading activities
an area where trade is free from kind of taxes
5."Floating debt" denotes
Government securities with no definite rate of redemption, but which may be redeemed any time at the discretion of the Government
that part of the public debt which consists of short- term borrowings by the Government
Government securities which continue changing hands
Government securities whose date of maturity falls within next five years
No comments:
Post a Comment