Terminology MCQs Online Test

Terminology Online Test

Sr. #	Questions	Answers Choice
1	Blue Revolution is related to:	Space research Poultry Fisheries Drinking water
2	Negotiations between representatives of labor management?	Professional association Collective bargaining Chamber of commerce Unlimited life
3	Government of Pakistan issued currency on the basis of:	Availability of gold in the country Availability of dollars in the country Demand for money in the country Tax collection
4	A rise in the general level of prices is called	A very bad thing Raise Inflation Payroll
5	Court granted permission to not pay some or all of its debts which force it out of business?	Bond Bankruptcy Principal Interest
6	The govt can control inflation by	Increasing demand for goods Increasing supply of goods Increasing money supply Decreasing taxes
7	Reducing inflation is a more important objective than economic growth is an example of:	Normative economics Positive economics Objective economics Reality economics
8	What is the main cause of inflation?	Increases in money supply Fall in production Increases in money supply and fall in production Decreases in money supply and fall in production
9	Depletion method of depreciation is used in case of:	Cattle, Loose Tools, etc Mines, Quarries, etc Machinery, Building, etc Books
10	In times if slowdown of the economy, the fiscal policy influences aggregate demand through:	Discretionary element Non-discretionary element Lowering of tax rates All of the above