Terminology MCQs Online Test

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Sr.#	Question	Answer
1	The first Stock Exchange of the world is	A. Mumbai B. New York C. Amsterdam D. Tokyo
2	Fire Insurance is based on the principle of	A. Utmost Good faith B. Insurable interest C. Indemnity D. Cooperation
3	Which does the government not control directly?	A. Spending on health B. Spending on defence C. Firms investment decisions D. Spending on education
4	What is the meaning of term ''oilgopoly''?	A. A one-firm Industry. B. Many producers of a differentiated. C. A few firms producers of a differentiated product. D. None of these
5	Which of the following is an indirect tax?	A. Coroporation tax B. Excise Duty C. Wealth tax D. Capital Gains tax
6	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
7	What does SOP stand for:	A. Special Operating Procedure B. Special Operation Procedure C. Standard Operating plan D. simple operating Plan
8	Which term means the same distance form something?	A. Equilateral B. Proportional C. Equianglular D. Equidistant
9	Products that increase the usefulness or value fo other products?	A. substitutes B. complements C. income effects D. Goods
10	Who among he following talked of development tarp'?	A. Lucian Pye B. Fred Riggs C. Myron Weiner D. Edward shils