Terminology MCQs Online Test

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Sr.#	Question	Answer
1	The concept of costing margin in the pricing theory was introduced by?	A. Andrews B. Baumol C. Cournot D. Williamson
2	What does FPCT stand for?	A. fielding percentage B. fielding Put outs C. fielding pick offs D. fielding errors
3	Less Developed Countries tend to have:	A. A high average age B. A slow population growth rate C. High life expectancy D. A low literacy rate
4	What is patriarchy?	A. Domination of society B. Domination of society by women C. Domination of society by men D. None of these
5	Which of the following is not an item of transfer payment?	A. Pension B. Scholarship C. Dividend D. Subsidy
6	An attempt at a cut short, which hits the bottom edge of the bat and travels into the area behind square leg.	A. Portuguese cut B. Spanish Cut C. French Cut D. Italian Cut
7	What does the Latin word 'chronos' mean?	A. Circle B. Old C. Time D. Distance
8	Which of the following concepts is not an explanation to why the aggregate demand curve is downward sloping?	A. Wealth Effect B. Exchange Rate Effect C. Interest Rate Effect D. Production
9	Who Defined sovereignty as the supreme authority which is independent of any other earthly authority?	A. Kelsen B. Willoughby C. Oppenheim D. Bentham
10	Price are likely to be least flexible:	A. In oligopoly B. In monopolistic competition C. where product demand ins inelastic D. In pure competition