Terminology MCQs Online Test

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Sr.#	Question	Answer
1	What is a 15-sided polygon?	A. Enneagon B. Nonagon C. Pentadecagon D. Dodecagon
2	When was Common Market for Eastern and Southern African (COMESA) formed?	A. 1995 B. 1994 C. 1992 D. 1991
3	Fiscal deficit in the budget means:	A. Revenue deficit plus the net borrowings of the government B. Budgetary deficit plus the net borrowings of the government C. Capital deficit plus revenue deficit D. Primary deficit minus capital deficit
4	When a firm is maximizing profit it will necessarily be:	A. Maximizing profit per unit of ouput B. Maximizing the difference between total revenue and total cost C. Minimizing total cost D. Maximizing total revenue
5	Who among the following is an acclamied analyst of political parties?	A. Lasswell B. Laski C. Huntington D. Duverger
6	The credit for a advocation the legat theory of night goes to:	A. Austin B. Locke C. Barker D. Laski
7	A fall in interest rates is likely to:	A. Increase aggregate demand B. Increase savings C. Decrease consumption D. Decrease exports
8	Who wrote ''An inquiry into the Nature and Causes of the Wealth of National''?	A. Lionel Robbins B. Adam Smith C. Paul Samuelson D. Enrico Barone
9	Incommon meaning inflation is a condition in which-	A. Price of commodity increases B. Value of money decreases C. Price of commodity and value of money both increases D. Price of commodity increases and value of money decreases
10	Monopoly is when there is a single:	A. Seller B. Market C. Buyer D. Game