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Terminology Online Test MCQs With Answers
Question # 1
Hedging and speculation in forx markets-
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Are opposite activites
Parallel activites
Same activites
All of the above
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Question # 2
What is the full form of the LASER?
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Leg Amputation by Stimulated Emission of Radiation
Light Amputation by Systematic Emission of Radiation
Light Amplification by stimulated Emission of Radiation
Light Amputation by Stimulated Exit of Radiation
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Question # 3
Income tax in subcontinent was introduced by?
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Sir Charles Wood
Lord Macaule
James Wilson
William Jones
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Question # 4
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 # 5
The unproductive expenditure of the rich is Necessary to the employment of the poor:
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An impediment to the growth of an economy
Having no bearing on the economy of the rich
Having no bearing on the economy
having bearing only on the economy of the rich
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Question # 6
You might take your little puppy to what kind of doctor?
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DDS
DVM
MD
DC
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Question # 7
A brief story in prose or verse that teaches a moral or gives a pract6ical lesson about how to get along in life is called a:
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Myth
Dram
Folk tale
Fable
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Question # 8
Total revenues neither increase nor decrease When price changes?
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unit elastic
Marginal utility
diminishing marginal utility
Traditional economy
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Question # 9
Deficit financing increases-
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Rate of money inflation
Rate of money deflation
Rate of devaluation
All of the above
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Question # 10
Bicameralish is an essential feature of:
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Parliamentary system
Presidential system
Federal system
Unitary system
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Question # 11
From when did the Euro become a legal tender?
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1 December 1999
1 January 2000
1 January 2001
1 January 2002
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