Terminology MCQs Online Test

Terminology Online Test

Sr. #	Questions	Answers Choice
1	Where is the headquarters of World Trade Organization?	New Delhi New York Geneva None of the above
2	The first stock exchange in Pakistan was established in	Lahore Peshawar Karachi Islamabad
3	When was Common Market for Eastern and Southern African (COMESA) formed?	1995 1994 1992 1991
4	When was west African Monetary and Economic Union found?	1991 1994 1992 1995
5	Profits is caused by-	Dynamic element in the economy Innovation Windfall All of the above
6	Where is the headquarters of International Bank for Reconstruction and development?	New York Washington Texas All the above
7	The on-going melt down had its origin in:	The real sector The financial sector The service sector The textile sector
8	When internal economics of scale occur:	Total costs fall Marginal costs increase Average costs fall Revenue falls
9	Which of the following would decrease aggregate demand?	Increased consumption Increasing export revenue Increasing taxation revenue Increased investment
10	What is "Dumping"?	The sale of the sub-standard commodity Sale in a foreign market of a commodity at a price below marginal cost Sale in a foreign market of a commodity just at marginal cost without too much of profit Smuggling of goods without paying any customs duty