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Terminology Online Test MCQs With Answers
Question # 1
An Australian superstition concerning the number 87 by association 187,287 etc:
Choose an answer
The English number
Napoleon
Nelson
The Devil's number
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Question # 2
In comparison to revenue deficit; the size of fiscal deficit is always
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Higher
Smaller
Similar
Uncertain
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Question # 3
What does LIPS means?
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Last inning Pressure situations
Last inning Pitching Situations
Lats inning pressure situations
late inning pitching situations
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Question # 4
Who is known as father of economics?
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David Riccardo
Thomas Malthus
jean Colbert
Adam smith
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Question # 5
The term condition refers to:
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Predicting the future
Analysis and synthesis
Thinking or Knowing
Introspection
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Question # 6
The concept of disinvestment was introduced by:
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Friedman
Kaldor
Keynes
Myrdal
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Question # 7
What theory explains why deflation may actually lead to an increase in GDP?
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Solow effect
Rational expectations
Pigou effect
Adaptive expectations
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Question # 8
The extent to which persons or organizations are better off at the end of a period than they were at the beginning?
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Profit
Inventory
Good
Fringe benefits
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Question # 9
Who among the following thinker made the statement that, Covenant without sword are but words and of no strength to secure men at all?
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Pufendorf
Hobbes
Locke
Rousseau
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Question # 10
A governmental agency that has the abbreviation of FDA is what:
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free diet advice
Federal Drug agency
food and drug administration
federal deposit agency
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Question # 11
Which of the following is not an indirect tax?
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Land revenue
Customs duties
Entertainment tax
Sales tax
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