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Terminology Online Test MCQs With Answers
Question # 1
Movement of individuals or groups form one position of a society of a society's stratification system to another is known as:
Choose an answer
Social change
Social mobility
Vertical mobility
None of these
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Question # 2
Profits is caused by-
Choose an answer
Dynamic element in the economy
Innovation
Windfall
All of the above
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Question # 3
The first stock exchange in Pakistan was established in
Choose an answer
Lahore
Peshawar
Karachi
Islamabad
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Question # 4
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 # 5
Max weber's term for lower made legitimate by a leader's exceptional personal or emotional appeal to his or her followers:
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Causal logic
Charismatic authority
Cohabitation
Closed system
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Question # 6
To reduce the supply of money the government could:
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Reduce interest rates
Buy back government bonds
Sell government bonds
Encourage banks to lend
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Question # 7
From when did the Euro become a legal tender?
Choose an answer
1 December 1999
1 January 2000
1 January 2001
1 January 2002
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Question # 8
If the economy grows the government's budget position will automatically:
Choose an answer
Worsen
Improve
Stay the same
Increase with inflation
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Question # 9
BYOB stand for:
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Bring your own Bottle
bring your own body
body your own bottle
bone of the above
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Question # 10
Which does the government not control directly?
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Spending on health
Spending on defence
Firms investment decisions
Spending on education
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Question # 11
World Development report is issued annually by?
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IMF
ILO
WHO
World Bank
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