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Terminology Online Test MCQs With Answers
Question # 1
The term condition refers to:
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Predicting the future
Analysis and synthesis
Thinking or Knowing
Introspection
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Question # 2
Who among the following initially mooted the policy of structural adjustments?
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Third world countries
Developed countries
United states of America
IMF and world Bank
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Question # 3
A brief story in prose or verse that teaches a moral or gives a pract6ical lesson about how to get along in life is called a:
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Myth
Dram
Folk tale
Fable
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Question # 4
In which of the following industry structures is the entry of new firms the most difficult?
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Pure monopoly
Oligopoly
Monopolistic competition
Pure competiton
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Question # 5
Which theory holds that the right o the personality is the most important right o the man''?
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The Theory of natural Rights
The Legal Theory of Rights
The Historical Theory of Rights
The Idealistic theory of Rights
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Question # 6
Contribution of agriculture in Pakistan's national income is
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20%
24%
28%
26%
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Question # 7
Cross-price elasticity measures whether:
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Good are normal or inferior
Two goods are substitutes or complements
Demand is elastic or inelastic
Supply is steeper than demand or vice versa
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Question # 8
If an increase in investment leads to a bigger increase in national income this is called the:
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Aggregate demand
Accelerator
Monetarism
Multiplier
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Question # 9
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
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Question # 10
Income tax in subcontinent was introduced by?
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Sir Charles Wood
Lord Macaule
James Wilson
William Jones
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Question # 11
The first stock exchange in Pakistan was established in
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Lahore
Peshawar
Karachi
Islamabad
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