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.Management Sciences
Category: Economics Mcqs
The practice of requiring degrees as a minimum hiring requirement is called_______________?
A. elitism
B. academicism
C. credentialism
D. syndication
Which of the following is not a function of a commercial bank?
A. Accepting public deposits
B. Granting loan and advances
C. Undertaking agency functions
D. Banker to the government
All of the following are debit items in the balance of payments except ?
A. capital outflows
B. merchandise exports
C. private gifts to foreigners
D. foreign aid granted to other nations
Scientists agree that________________?
A. there are three races
B. there are fifty two races
C. there are no races
D. all of humankind is descended from the same common stock
The Common Agricultural Policy of the European Union has ?
A. increase American farm exports to the EU
B. decrease American farm exports to the EU
C. lowered the price of American farm exports to the EU
D. not affected the price of American farm exports to the EU
Supply of land in a given use ?
A. will be perfectly inelastic in the long run. but upward sloping in the short run
B. is perfectly inelastic since there is a fixed amount of land
C. is perfectly elastic since there is fixed amount of land
D. will be upward sloping because as land becomes more valuable in once use, the amount of land made available for that use will increase
An index of prices of all domestically produced goods in the economy is the ?
A. wholesale price index (WPI)
B. Consumer price index (CPI)
C. GDP deflator
D. Producer price index (PPI)
Which of the following is the Prevalent public health problem has been observed in the country ?
A. iron deficiency
B. anemia deficiency
C. Vitamin A deficiency
D. Jaundice
Religions__________________?
A. reinforce society’s nation of good and evil
B. link the human and divine orders
C. provide a special feeling of belonging and power
D. all of the above
The allocation of tasks to particular individuals who specialize in performing them is referred to as_______________?
A. division of labor
B. status fulfillment
C. ascribed status
D. status specialization
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