Terminology MCQs Online Test

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Sr.#	Question	Answer
1	Monopoly is when there is a single:	A. Seller B. Market C. Buyer D. Game
2	When a bank loan is repaid the supply of money:	A. Is constant but its composition will have changed B. Is decreased C. Is increased D. May either increase or decrease
3	Bicameralish is an essential feature of:	A. Parliamentary system B. Presidential system C. Federal system D. Unitary system
4	The restriction of mate selection to people within the same group is called?	A. Dependency B. Exogamy C. Endogamy D. Incest taboo
5	What is the full form of the NESPAK?	A. New Engineering Services of Pakistan B. Newly Engineering Services of Pakistan C. National Engineering Services of Pakistan D. National Engineering Services of Punjab
6	The asset demand for money:	A. Is unrelated to both the interest rate and the level of GDP B. Varies inversely with the rate of interest C. Varies inversely with the level of real GDP D. Varies directly with the level of nominal GDP
7	The requirement that people select mates outside certain groups:	A. Exogamy B. Ethnography C. Endogamy D. Incest taboo
8	The credit for a advocation the legat theory of night goes to:	A. Austin B. Locke C. Barker D. Laski
9	Negotiations between representatives of labor management?	A. Professional association B. Collective bargaining C. Chamber of commerce D. Unlimited life
10	Process of economic development means:	A. Economic change B. Social change C. Ethical, institutional and cultural change D. All of these