Terminology MCQs Online Test

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Sr.#	Question	Answer
1	According to the utility model of consumer demand the law of diminishing marginal utility indicates that the demand curve is:	A. Downward sloping B. U-shaped C. Upward sloping D. Vertical
2	What does M.R.E stand for?	A. Monthly Readiness Exercise B. Meals Ready to Eat C. Mission readiness entrance D. Meals Rarely Eaten
3	Which is the monetary measure to control inflation?	A. Increases in taxation B. Decreases in taxation C. Soft credit policy D. Hard credit policy
4	What is an MMR?	A. Immunization B. Medical test C. Airline D. Device
5	A theory who stresses the rule of law is:	A. Regulative law B. Totalitarianism C. Liberalism D. None of these
6	Black money is:	A. Counterfelt currency B. Illegally earned money C. Money earned through underhand deals D. Income on which payment of tax is usually evaded
7	An increase in cost will:	A. Shift aggregate demand B. Shift aggregate supply C. Reduce the natural rate of Unemployment D. Increase the natural rate of unemployment
8	Hedging and speculation in forx markets-	A. Are opposite activites B. Parallel activites C. Same activites D. All of the above
9	The term Cowboy diplomacy was first used in 1902 by:	A. Jackie Lawlor B. Edmund Gullion C. James Cable D. David Hoffman
10	Who among the following talked of Political decay?	A. Huntington B. David Apter C. Organski D. Lucian Pye