Question # 1

The process of budget making after re-evaluating every item expenditure in every financial year is known as:

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Performance Budgeting:

Deficit Budgeting

Zero Based Budgeting

Fresh Budgeting

What does the term 'Beer Hall Putsch' refer to?

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A riot during the 1969 Munich Beer fest

Adolf Hitler's attempt to seize power in Bavaria

Paul von Hindenburg' siezure of Power of the Weimar republic

Renee el Payaso's march on Cuzcatlan

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

Fir stand for:

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First information Report

Final information Report

Fundamental information Report

Final information Record

Who among the following supports he principle of natural inequality?

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Polybius

Cicero

Rousseau

Plato

What is the full form of IAEA?

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International Atomic Energy Association

Indian Atomic Energy Agency

International Atomic Energy agency

International Atomic Ene3rfy Agency

A significant increase in the government budget deficit is likely to:

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Reduce injections into the economy

Reduce national income

Move the economy away from full employment

Boost aggregate demand

The allocation of scarce resources and nearly all other economic activity stams form ritual habit or custom:

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Mixed economy

Capitalism

Traditional economy

communism

Which of the following cannot be accepted factor of production?

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Land

Labour

Light of sun

Capital

A natural mono,poly occurs when:

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Long-run average costs decline continuously through the range of demand

A firm owns or controls some resource essential to production

Long-run average costs rise continuously as out put is increased

Economies of scale are obtained at relatively low levels of output

An increase in national income is likely to:

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Decrease tax receipts

Worsen the balance of trade

Automatically cause an increase in government spending

Cause an increase in injections into the economy

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