Question # 1

When stock market is falling is called

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Bearish

Bullish

Anti Dumping

Dumping

Land is the only factor of production whose supply is?

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More Elastic

Perfectly Elastic

Perfectly Inelastic

Unitary Elastic

Cross-price elasticity measures whether:

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Good are normal or inferior

Two goods are substitutes or complements

Demand is elastic or inelastic

Supply is steeper than demand or vice versa

A Parliamentary Government cannot function without:

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Write Constitution

Rigid constitution

Political Parties

Independent Judiciary

Where is the headquarters of World Trade Organization?

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New Delhi

New York

Geneva

None of the above

ADC is an abbreviation used in the social work field and court system. what does tit stand for?

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aid to deceased children's families

aid to dependent children

aid to developing crisis plans

Which one of the following is not a demerit of party system?

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Parties fight for their own interest

Party system destroys the individuality of man

Parties produce unnatural divisions

Parties harmonise the organs of government

What usually constitutes the main source of a governments income:

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Loans

Taxes and levies

Profits form business undertakings

Grants form world Bank

A governmental agency that has the abbreviation of FDA is what:

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free diet advice

Federal Drug agency

food and drug administration

federal deposit agency

earning form primary products are often us unstable because:

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Demand is price elastic

Supply is price elastic

Supply conditions are relatively stable

Supply conditions are unstable

Which of hr following can the government not use directly to control the economy:

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Pay rates within the private sector

Pay rates in the pubic sector

Investment in education

Benefits available for the unemployed and sick

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Terminology Online Test MCQs With Answers

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