Terminology MCQs Online Test

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Sr.#	Question	Answer
1	Andante is usually described as:	A. Brisk B. Walking Pace C. frenzied D. Slow
2	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
3	Price are likely to be least flexible:	A. In oligopoly B. In monopolistic competition C. where product demand ins inelastic D. In pure competition
4	One in which people's economic affairs can take place freely but are subject to some government intervention and regulation:	A. Traditional economy B. Command economy C. No such thing D. Mixed economy
5	Where is the headquarters of World Trade Organization?	A. New Delhi B. New York C. Geneva D. None of the above
6	The reason for cost push inflation is:	A. Increase in money wages B. Increase in rate of profit C. Both of above D. None of the above
7	Market value of all final goods and services produced in a country during a year is definition of	A. NI B. NNP C. GNP D. Consumption
8	What is patriarchy?	A. Domination of society B. Domination of society by women C. Domination of society by men D. None of these
9	Max weber's term for lower made legitimate by a leader's exceptional personal or emotional appeal to his or her followers:	A. Causal logic B. Charismatic authority C. Cohabitation D. Closed system
10	What is a bludger?	A. Someone who collects stamps B. Some who swings a softball bat very hard C. Somme one who collects stamps D. Someone who sponges off of others