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Terminology Online Test MCQs With Answers
Question # 1
In a free market the combination of products produced will be determined by:
Choose an answer
Market forces of supply and demand
The goverment
The law
The Public sector
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Question # 2
Dollar diplomacy term was originally coined by which president of USA?
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Theodore Roosevelt
Franklin D,Roosevelt
James Buchanan
Woodrow Wilson
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Question # 3
Who among the following thinker made the statement that, Covenant without sword are but words and of no strength to secure men at all?
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Pufendorf
Hobbes
Locke
Rousseau
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Question # 4
A State without a Constitution would not be a state but a regime of anarchy, This is state by:
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Aristotle
Bryce
Jellineck
Dicey
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Question # 5
Which country is the largest wheat producing country of the world?
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India
China
America
Switzerland
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Question # 6
Economic development
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The same as economic growth
Means improvement in lifestyle
Exists when there is equal distribution of income
All of the above
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Question # 7
Carpe diem is a special genre of poetry:
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Death of the body
Seize the day
Love endures
The body decays
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Question # 8
Over time the price of primary products tends to fall because:
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Demand is income elastic
Supply is income elastic
Of outward shifts is supply
Demand is price elastic
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Question # 9
Which is the largest import Pakistan?
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Food
Petroleum
Fertilizer
Medicine
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Question # 10
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
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Question # 11
What is the technical name for conventional genre of poetry that usually celebrates the simplicity of rural life:
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Pastoral
Epic
Elegy
Ode
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