Question # 1

What is meant by the term, 'Compagnies d'Ordonnance'?

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French tanks of WW1

15th century French cavalry and mounted infantry

French tanks of WW2

French support troops in both world wars

Opportunity cast of a factor is known as

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Transfer earning

Money cost

Present earning

None of the above

An increase in national income is likely to:

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Decrease tax receipts

Worsen the balance of trade

Automatically cause an increase in government spending

Cause an increase in injections into the economy

The difference between gross investment and net investment is:

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Depreciation

Acceleration

Capital investment

Deceleration

Who among he following gave the concept of 'mass' mind?

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Pareto

Mosca

Michels

Gassef

The resources in the economy do not include:

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Demand

Land

Labour

Capital

Dollar diplomacy term was originally coined by which president of USA?

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Theodore Roosevelt

Franklin D,Roosevelt

James Buchanan

Woodrow Wilson

A multinational business:

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Sells products abroad

Produces in more than one country

Imports form abroad

Sells only domestically

If the price in a market is fixed by the government below equilibrium:

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There is excess equilibrium

There is excess supply

There is excess demand

There is equilibrium

Fire Insurance is based on the principle of

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Utmost Good faith

Insurable interest

Indemnity

Cooperation

Which of the following is not a feature of Unitary System of the Government?

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Administrative unity

Administrative empowerment

National unity

A coordination between national unity and Local self administration

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