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Terminology Online Test MCQs With Answers
Question # 1
The term dollar is not a part of the name of the currency in which of the following countries?
Choose an answer
Malaysia
Italy
Singapore
USA
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Question # 2
Liberty is increased when sovereignty is put into the right hands' Who has made this statements?
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Friedman
Hayek
I, Berlin
L, strauss
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Question # 3
Malthusian theory of population is based on:
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Harmonic progression of population
Geometric progression of food production
Arithmetic progression of population
Geometric progression of population
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Question # 4
Which property the paper money does not possess
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Acceptability
Divisibility
Durability
Portability
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Question # 5
The maximum price that a consumer is willing to pay for a good is called:
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The reservation price
The market price
The first degree price
The block price
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Question # 6
Finding a partner to works with abroad is called a:
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Takeover
Merger
Acquisition
Joint venture
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Question # 7
Under new GATT agreements textile trade related to Multi- Fiber Arrangement (MFA) has to be abolished within?
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5 Years
10 Years
15 Years
20 Years
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Question # 8
Who among the following formuated the most system doctrine of sovereignty?
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Gourtius
bodin
Austlin
Locke
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Question # 9
When the stock market is rising is called
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Bearish
Bullish
Anti Dumping
Dumping
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Question # 10
ICAO is another important UN Agency, What does not ICAO stand for?
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International Civil Aviation Organization
International control of Aeroplanes Organization
International Concorde Air planes Organization
International committee of approval of new organizations
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Question # 11
When the economic activity in an economy is on the decline, then it is called a:
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Boom
Depression
Deflation
Recession
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