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Online Tests
Terminology Online Test MCQs With Answers
Question # 1
What is a 15-sided polygon?
Choose an answer
Enneagon
Nonagon
Pentadecagon
Dodecagon
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Question # 2
Share premium account can be used for-
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Paying tax liability
Meeting the cost of issue of shares or debentures
Paying Dividend on shares
Meeting the loss on sale of old asset
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Question # 3
Who among the following talked of Political decay?
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Huntington
David Apter
Organski
Lucian Pye
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Question # 4
Which measure can check inflation?
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surplus budgeting
Increase in Direct taxation
Curtaliment in Public expenditure
All of these
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Question # 5
We measure national income by this method
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Expenditure method
Income method
Produnt method
All of the above
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Question # 6
The allocation of scarce resources and nearly all other economic activity stams form ritual habit or custom:
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Mixed economy
Capitalism
Traditional economy
communism
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Question # 7
Economic development is measured on the basis of
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Increase in nominal GNP
Increase in real GNP
Increase in personal incomes
Increase in government revenue
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Question # 8
A natural mono,poly occurs when:
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Long-run average costs decline continuously through the range of demand
A firm owns or controls some resource essential to production
Long-run average costs rise continuously as out put is increased
Economies of scale are obtained at relatively low levels of output
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Question # 9
Who among the following has maintained that the modern liberal democratic state has become an industrial state:
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Galbraith
MacPherson
Keynes
Roosevelt
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Question # 10
When was Bank of Central African States formed?
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1974
1978
1973
1979
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Question # 11
Who is known as Father of scientific Management?
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Henry Fayol
Elton Mayo
Chester Bernard
F.W Taylor
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