Question # 1

Irony is a contrast between expectation and reality, which of the following is not a common type of irony?

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verbal

dramatic

situational

Flashback

Developing economies usually:

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Have large industrialized sectors

Are dependent on primary products

Have high levels of wealth

Earn more form exports than is spent on imports

Increase in fixed asset due to purchase is

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Source of fund

Fund from operation

Use of fund

None of the above

What is the meaning of the term "The Great Schism'when referring to an event in the late 14th century?

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A dispute between the King of England and the Pope

A dispute between the king of England and his parliament

A dispute between the followers of two elected popes

A dispute between the kings of Scotland and England

Who defined "Economics is the Science of Wealth"?

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J.K Mehta

Marshall

Adam Smith

Robbins

earning form primary products are often us unstable because:

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Demand is price elastic

Supply is price elastic

Supply conditions are relatively stable

Supply conditions are unstable

Which term means the same distance form something?

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Equilateral

Proportional

Equianglular

Equidistant

ADC is an abbreviation used in the social work field and court system. what does tit stand for?

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aid to deceased children's families

aid to dependent children

aid to developing crisis plans

Uruguay Round of multilateral trade negotiations:

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Started in 1986 and completed at the end of 1993

Replaced the GATT with WTO

Brought services and agriculture into WTO

all of the above

When surplus occurs?

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The price of the good decreases

The quantity demanded is greater than the quantity supplied

The quantity supplied is greater than the quantity demanded

The quantity demanded is equal to the quantity supplied

Crick diplomacy consists of using the game of cricket as a political tool to enhance or worsent the diplomatic relations between two Cricket playing nations,Term was first used in 1987 during the match between?

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Indian and Pakistan

Sri Lanka and Pakistan

Bangladesh and Pakistan

Indian and Bangladesh

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