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Terminology Online Test MCQs With Answers
Question # 1
Which factor is not related to economic development?
Choose an answer
Continuous process
Increase in real national income
Long run and continuous increase
Compulsory change in economic walfare
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Question # 2
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
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Question # 3
The concept of disinvestment was introduced by:
Choose an answer
Friedman
Kaldor
Keynes
Myrdal
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Question # 4
earning form primary products are often us unstable because:
Choose an answer
Demand is price elastic
Supply is price elastic
Supply conditions are relatively stable
Supply conditions are unstable
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Question # 5
The communist manifesto was first published in which language?
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English
French
German
Russian
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Question # 6
Friedman's theory of consumption focuses on:
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Past income
Current income
Disposable income
Permanent income
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Question # 7
Ina parliamentary form of government minsters are appointed by:
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The head of he state at his discretion
The head of the government
The legislature
the head of he state on the recommendation of the head of the government
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Question # 8
ICMB stands for:
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Internal Continental ballistic Missile
Inter Country Ballistic Missile
Inter-Continental Ballistic Missile
Inter-Continental Ballistic Market
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Question # 9
What are the aims of international Monetary fund?
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To promote International monetary co-fund?
The expansion of international trade and exchange rate stability
To assist in the removal of exchange restricting and the establishment of a multilateral system of payment
All of above
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Question # 10
The term 'Ethnic' is derived form the ______ word meaning 'nation'
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Latin
Greek
Malayalee
Polynesian
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Question # 11
Who has said that a welfare state is'' a state that provides for its citizens a wide range of social services''?
Choose an answer
G,D,H Cole
H, J, Laski
Abraham
T,W,Kent
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