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Online Tests
Terminology Online Test MCQs With Answers
Question # 1
When was the world Federation of Trade Union founded?
Choose an answer
1949
1945
1946
1942
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Question # 2
Who among the following is the exponent of Game theory?
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Martin Shubik
Kari Deutsch
Palamer and parkins
joseph Frankel
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Question # 3
Which of the following is a flight control system?
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Flying wing
Fly-by-wire
Flight box shunt
Inrush neutral inflight impulse
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Question # 4
If the price elasticity of demand is unit then a fall in price:
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Reduces revenue
Leaves revenue unchanged
Increases revenue
Reduces costs
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Question # 5
Which organization has been founded to act as permanent watchdog on the international trade:
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ISRD
ADS
WTO
DIMF
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Question # 6
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 # 7
In traditional economic theory four types of markets are identified. Which of the following is not one of them?
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Capital Control Market
Monopoly
Monopolistic Competition
Oligopoly
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Question # 8
When total utility becomes maximum then marginal utility will be:
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Minimum
Average
Zero
Negative
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Question # 9
Who coined the Modern meaning of the term ''public diplomacy'' in 1965?
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Edmund Gullion
James cable
Mr,Joseph Montville
David Hoffman
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Question # 10
Which one of the following is not a method of peaceful settlement of disputes?
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Limited arms conflict
Negotiations
Arbitration
Mediation
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Question # 11
When internal economics of scale occur:
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Total costs fall
Marginal costs increase
Average costs fall
Revenue falls
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