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Terminology Online Test MCQs With Answers
Question # 1
Opportunity cast of a factor is known as
Choose an answer
Transfer earning
Money cost
Present earning
None of the above
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Question # 2
Who is known as father of economics?
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David Riccardo
Thomas Malthus
jean Colbert
Adam smith
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Question # 3
Which of hr following can the government not use directly to control the economy:
Choose an answer
Pay rates within the private sector
Pay rates in the pubic sector
Investment in education
Benefits available for the unemployed and sick
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Question # 4
To reduce the supply of money the government could:
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Reduce interest rates
Buy back government bonds
Sell government bonds
Encourage banks to lend
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Question # 5
Which of the following established as the Breton Woods Conference in 1944?
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IMF
World Bank
WHO
Both a & b
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Question # 6
ICAO is another important UN Agency, What does not ICAO stand for?
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International Civil Aviation Organization
International control of Aeroplanes Organization
International Concorde Air planes Organization
International committee of approval of new organizations
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Question # 7
What is the Essence of Control?
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To take decision
To take corrective action
To make enquiry
To motivate
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Question # 8
In comparison to revenue deficit; the size of fiscal deficit is always
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Higher
Smaller
Similar
Uncertain
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Question # 9
What is the full of the NASA:
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National Aeronautics and space administration
Natural Aeronautics and space administration
natural Administration and space administration
Natural administration and space agency
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Question # 10
According to Lucian Pye, the element of political development are:
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Participation integration and industrialization
Political unification,Participation and national welfare
Political unification economic development and national welfare
Equality, capacity and differentiation
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Question # 11
A simple correlation can defined as the tendency of?
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Independent variation
Dependent variation
Simultaneous variation
Instantaneous variation
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