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Terminology Online Test MCQs With Answers
Question # 1
National income is a?
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Money value of goods and services produced in a country during a year
Money value of stocks and shares of a country during a year
Money value of capital goods produced by a country during a year
Money value of consumer goods produced by a country during a year
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Question # 2
What is the full form of he NIPA?
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national Institute of Public Administration
New institute of Public Administration
National institute of Pakistan
National institute of Provincial Administration
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Question # 3
The difference between gross investment and net investment is:
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Depreciation
Acceleration
Capital investment
Deceleration
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Question # 4
If the minimum wage is set above the equilibrium wage rate then other things unchanged:
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There will be equilibrium in the labour market
There will excess demand in the labour
There will be excess supply in the labour market
More people will be employed
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Question # 5
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 # 6
Which industry group has the highest outstanding amount in non-small scale sector in Pakistan?
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Textile industry
Engineering industry
Sugar industry
Iron industry
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Question # 7
Which one of he following committee has admitted the existence of a nexus between the politicians bureaucrats and criminals?
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Vohra committee
Santhanam committee
Narshimhan committee
Kripalani committee
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Question # 8
Who coined the Modern meaning of the term ''public diplomacy'' in 1965?
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Edmund Gullion
James cable
Mr,Joseph Montville
David Hoffman
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Question # 9
Malthusian theory of population is based on:
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Harmonic progression of population
Geometric progression of food production
Arithmetic progression of population
Geometric progression of population
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Question # 10
What does the FBI stand for?
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Federal Bureau of Investigation
Frank and Ben Inc
French Banking industry
Father Brother ideas
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Question # 11
In comparison to revenue deficit; the size of fiscal deficit is always
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Higher
Smaller
Similar
Uncertain
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