Question # 1

When did World Trade Organization replace GATT?

Choose an answer

1 January 1995

1 January 1998

1 December 1999

1 June 2000

If an increase in investment leads to a bigger increase in national income this is called the:

Choose an answer

Aggregate demand

Accelerator

Monetarism

Multiplier

Utility means:

Choose an answer

Power to satisfy a want

Usefulness

Willingness of a person

Harmfulnes

What is a rug?

Choose an answer

A lawn

a sleeping bag

a toupee

a lap robe

The pong diplomacy refers to the exchange of table tennis (ping-pong)players between which two countries in the early 1970:

Choose an answer

United States and China

United states and South Korea

United states and North Korea

China and South Korea

What is a check representing a portion of the corporate earnings or profits called?

Choose an answer

Dividend

proxy

stock

fringe benefits

What is a sequence of steps leading to a desired end?

Choose an answer

Algorithm

Hierarchy

Ambiguous

Sector

Which of the following is an indirect tax?

Choose an answer

Coroporation tax

Excise Duty

Wealth tax

Capital Gains tax

Fiscal deficit in the budget means:

Choose an answer

Revenue deficit plus the net borrowings of the government

Budgetary deficit plus the net borrowings of the government

Capital deficit plus revenue deficit

Primary deficit minus capital deficit

Gesang is German for what?

Choose an answer

Music

Song

Note

G Clef

Who defined "Economics is the Science of Wealth"?

Choose an answer

J.K Mehta

Marshall

Adam Smith

Robbins

More Classes

Other Links

Terminology Online Test MCQs With Answers

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer