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Terminology Online Test MCQs With Answers
Question # 1
What is termed to order an accused person to be kept in custody or placed on ball pending further court appearance?
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Remand
Custody
Arrest
Prosecuting
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Question # 2
To reduce the supply of money the government could:
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Reduce interest rates
Buy back government bonds
Sell government bonds
Encourage banks to lend
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Question # 3
The Constitutional Government Means:
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Government based on the rule of the law
A Democratic Government
A Democratic Government
All these
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Question # 4
What is a micron filter?
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A component which finely filters contaminants form a system
A pump which automatically cleans loose rubber form aircraft tires after landing
A filter which protect passengers form radar emissions
A device used to cancel static and feedback in a pilot's microphone
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Question # 5
Ultimate burden of tax is known as
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Impact
Incidence
shifting of tax
Property tax
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Question # 6
Finding a partner to works with abroad is called a:
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Takeover
Merger
Acquisition
Joint venture
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Question # 7
If the cross price elasticity of demand between two goods X and Y is positive it means that goods are:
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Independent
Complements
Substitutes
Inferior
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Question # 8
Which government income is included in revenue budget?
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Tax-revenue
Non tax-revenue
Both of above
None of the above
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Question # 9
Court granted permission to not pay some or all of its debts which force it out of business?
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Bond
Bankruptcy
Principal
Interest
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Question # 10
What does pizzicato mean literally?
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Pinched
forced
pushed
happy
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Question # 11
What is the full form of the STD?
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Straight Telephone Dialing
Straight Trunk Dialing
Subscribers Talk Dialing
Subscribers Trunk Dialing
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