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Terminology Online Test MCQs With Answers
Question # 1
'Closed Economy' is that economy in which:
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Only export takes place
Money supply is fully controlled
Deficit financing takes place
Neither export nor import takes place
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Question # 2
Pakistan started its first five-year plan in
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1947
1950
1955
1960
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Question # 3
The term Cowboy diplomacy was first used in 1902 by:
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Jackie Lawlor
Edmund Gullion
James Cable
David Hoffman
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Question # 4
Where is the European central bank Located:
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Luxembourg
Basel
Frankfurt
London
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Question # 5
What did the term 'Ironclad' refer to?
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The first Kinghts to wear to wear amour
The first armoured vehicles
A guaranteed prposition or word of honour
A class of warships
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Question # 6
A constitutional government stands for:
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a limited government
a government run according to the provisions of the constitution
a government run according to the wishes of the rulers
a government run according to the wishes of the party bosses
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Question # 7
In the medical field and Psychology the abbreviation ADD stand for what?
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Adrenal Glandular Dysfunction
Atrium Deficit disorder
Arterial Distal Disorder
Attention Deficit Disorder
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Question # 8
Government of Pakistan issued currency on the basis of:
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Availability of gold in the country
Availability of dollars in the country
Demand for money in the country
Tax collection
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Question # 9
where is the headquarters of Islamic Development Bank?
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Saudi Arabia
Sweden
Switzerland
None of the above
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Question # 10
Which of the following is an active factor of production?
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Land
Labour
Capital
Organization
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Question # 11
What is a hard currency?
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Whose external value is increasing
Which can be acquired only with official permission
Which can be obtained only against sale of gold
Which is accepted in International transactions
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