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Online Tests
Terminology Online Test MCQs With Answers
Question # 1
What is the full of the NASA:
Choose an answer
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 # 2
Process of economic development means:
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Economic change
Social change
Ethical, institutional and cultural change
All of these
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Question # 3
What is meant by the term meritocracy?
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People achieving via merit
People achieving Via accident of birth
People achieving because of who they know
None of these
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Question # 4
Who defined "Economics is the Science of Wealth"?
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J.K Mehta
Marshall
Adam Smith
Robbins
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Question # 5
An increase in aggregate demand will have most effect on prices if:
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Aggregate supply is price inelastic
Aggregate supply is price elastic
Aggregate supply has unitary price elasticity
Aggregate demand is price inelastic
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Question # 6
A governmental agency that has the abbreviation of FDA is what:
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free diet advice
Federal Drug agency
food and drug administration
federal deposit agency
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Question # 7
What does pizzicato mean literally?
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Pinched
forced
pushed
happy
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Question # 8
A written promise to reply the amount borrowed at a later date?
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Bond
Bankruptcy
Principal
interest
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Question # 9
The situation with increasing unemployment and inflation is termed as:
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Hyperinflation
Reflection
Stagflation
Galloping
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Question # 10
SSI is an abbreviation for which of the following?
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Supplement Security Income
Standard Supplement Income
Social Security investigation
Secret Service Investigation
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Question # 11
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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