Terminology MCQs Online Test

Top Scorers of Terminology MCQ's Test

Sr.#	Question	Answer
1	Demand for Primary products is likely to be:	A. Very sensitive to price B. Price elastic C. Unit elastic D. Income inelastic
2	The former policy of the south African government designed to Maintain the separation of Blacks and other non-Whites form the dominant whites is called:	A. Alienation B. Apartheid C. Closed system D. Control group
3	Which of the following is not involved with fiscal policy?	A. Income tax B. VAT C. National insurance D. Interest rates
4	Marx borrowed Dialectical Method form:	A. Locke B. Rousseau C. Hegal D. Green
5	In times if slowdown of the economy, the fiscal policy influences aggregate demand through:	A. Discretionary element B. Non-discretionary element C. Lowering of tax rates D. All of the above
6	Andante is usually described as:	A. Brisk B. Walking Pace C. frenzied D. Slow
7	AWACS stands for;	A. Airborne warning and control system B. Air warning and control system C. Airborne earning and communication system D. None or them -
8	Who developed the innovation theory of profit?	A. Shumpeter B. Haley C. Prof,Knight D. Karl Marx
9	Profits is caused by-	A. Dynamic element in the economy B. Innovation C. Windfall D. All of the above
10	What is the full of the NASA:	A. National Aeronautics and space administration B. Natural Aeronautics and space administration C. natural Administration and space administration D. Natural administration and space agency