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Terminology Online Test MCQs With Answers

Question # 1

From when did the Euro become a legal tender?

Choose an answer

1 December 1999

1 January 2000

1 January 2001

1 January 2002

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Question # 2

When Pakistan join the WTO?

Choose an answer

January 1, 1995

February 1, 1995

January 1, 2001

Pakistan is not a member

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Question # 3

What minimum price is acceptable by a firm in the short-period?

Choose an answer

Equal to AC

Equal to AVC

Equal to AFC

Equal to TC

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Question # 4

What does the term 'Bear hall putsch' refer to?

Choose an answer

A riot during the 1969 Munich Beer fest

Adolf Hitler's attempt to size power in Bavaria

Paul von Hindenburg's siezure ofo power of the Weimar Republic

Ranee of payaso's march on Cuzcatlan

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Question # 5

Whose opinions have revolutionized the scope of macro economics?

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Adam Smith

J.B Say

J,M Keynes

All of the above

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Question # 6

'SAPFA' stands for:

Choose an answer

South Asian Preferential Trading Arrangement

South Asian Promotion of Trade Agreement

SAARC Promotion of Trade Authority

None of all

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Question # 7

Economics word is derived form language of:

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Greek

French

Latin

Italian

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Question # 8

Which of the following is not a way of helping developing economies?

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Aid

Loans

Protectionism of developed markets

Training and education programmes

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Question # 9

If you collapse in a restaurant and quit breathing, You better hope that someone eise there known what?

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HRT

ACT

CPR

AMV

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Question # 10

A multinational business:

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Sells products abroad

Produces in more than one country

Imports form abroad

Sells only domestically

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Question # 11

When stock market is falling is called

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Bearish

Bullish

Anti Dumping

Dumping

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