Question # 1

The four factor payment are:

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Money, capital, salaries, and income

Wages, rent, interest, and profits

Money, power, prestige, and wealth

Wages, interest, salaries, and income

The theory of Natural Rights holds that:

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Right are a divine creation

Right came form pre-civil society

Right were granted by the king

Right6s are granted by the Constitution

Gesang is German for what?

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Music

Song

Note

G Clef

What is full form of the OAU?

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Organization of Asian Unity

Organization of African Unity

Organization of American Unity

Organization of Allied Universities

AWACS stands for;

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Airborne warning and control system

Air warning and control system

Airborne earning and communication system

None or them -

In which of the following industry structures is the entry of new firms the most difficult?

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Pure monopoly

Oligopoly

Monopolistic competition

Pure competiton

''The State in which all authority and powers are vested in a single center, whose will and agents are legally omnipotent over the whole are'' is known as:

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Unitary Government

F3ederal Government

Parliamentary Government

Presidential Government

When surplus occurs?

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The price of the good decreases

The quantity demanded is greater than the quantity supplied

The quantity supplied is greater than the quantity demanded

The quantity demanded is equal to the quantity supplied

Share premium account can be used for-

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Paying tax liability

Meeting the cost of issue of shares or debentures

Paying Dividend on shares

Meeting the loss on sale of old asset

The tendency to assume that one;s culture and way of life represent the norm or are superior to all others:

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Incest taboo

Endogamy

Ethnocentrism

Dependency

What does 'the Civic List' man and refer to in the UK?

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Money paid by the taxpayer for the upkeep of civil rights groups

Money paid by the taxpayer for the upkeep of the unemployed

Money paid by the taxpayer for the upkeep of the Royal family

Money paid by the taxpayer to servicemen recently discharged form the armed forces

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