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Terminology Online Test MCQs With Answers
Question # 1
Share premium account can be used for-
Choose an answer
Paying tax liability
Meeting the cost of issue of shares or debentures
Paying Dividend on shares
Meeting the loss on sale of old asset
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Question # 2
What are the aims of international Monetary fund?
Choose an answer
To promote International monetary co-fund?
The expansion of international trade and exchange rate stability
To assist in the removal of exchange restricting and the establishment of a multilateral system of payment
All of above
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Question # 3
Who among the following is the exponent of Game theory?
Choose an answer
Martin Shubik
Kari Deutsch
Palamer and parkins
joseph Frankel
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Question # 4
What is a 'Quasi-rents'?
Choose an answer
Are in the nature of free gifts
May be applicable to all factors of production
comprise of all the returns to firm in excess of the returns of the marginal firm
All the above
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Question # 5
Who coined the term of Ageism?
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H.C. Armstrong
Pearl S. Buck
James Frazer
Robert N Butler
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Question # 6
The term dollar is not a part of the name of the currency in which of the following countries?
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Malaysia
Italy
Singapore
USA
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Question # 7
GDP plus net property income from abroad equals what?
Choose an answer
GNP
NNP
Depreciation
Real GDP
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Question # 8
Demand pull inflation may be caused by:
Choose an answer
an increase in costs
a reduction in interest rate
a reduction in government spending
an outward shift in aggregate supply
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Question # 9
Marx propounded the theory of class struggle mainly in:
Choose an answer
The Economic and Political Manuscript
The communist Manifesto
Das capital
The Poverty of Philosophy
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Question # 10
The marginal revenue curve in monopoly:
Choose an answer
Equals the demand curve
Is parallel with the demand curve
Lies below and converges with the demand curve
Lies below and diverges form the demand curve
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Question # 11
The concept of disinvestment was introduced by:
Choose an answer
Friedman
Kaldor
Keynes
Myrdal
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