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Terminology Online Test MCQs With Answers
Question # 1
The four factor payment are:
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Money, capital, salaries, and income
Wages, rent, interest, and profits
Money, power, prestige, and wealth
Wages, interest, salaries, and income
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Question # 2
Who describes the pressure groups as the Third House of he Legislature?
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Lord Bryce
H,M Finer
G, D. H. Cole
Dicey
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Question # 3
The value of money varies:
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Inversely with the price level
Directly either the volume of employment
Directly with the price level
Directly with the interest rate
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Question # 4
GDP plus net property income from abroad equals what?
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GNP
NNP
Depreciation
Real GDP
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Question # 5
Who among the following initially mooted the policy of structural adjustments?
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Third world countries
Developed countries
United states of America
IMF and world Bank
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Question # 6
In the world population-wise Pakistan is
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3rd
4th
6th
8th
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Question # 7
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 # 8
Which of the following concepts is not an explanation to why the aggregate demand curve is downward sloping?
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Wealth Effect
Exchange Rate Effect
Interest Rate Effect
Production
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Question # 9
The maximum price that a consumer is willing to pay for a good is called:
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The reservation price
The market price
The first degree price
The block price
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Question # 10
A currency swap refer to-
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A spot sale of currency combined with a forward repurchase of the same currency-as part of single transaction
A forward sale of currency combined with a forward repurchase of the same currency - as part of a single transaction
A forward sale of currency combined with a forward repurchase of the same currency in two different transactions
All of the above
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Question # 11
When a bank loan is repaid the supply of money:
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Is constant but its composition will have changed
Is decreased
Is increased
May either increase or decrease
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