G.K. Quiz # 156 DIRECTIONS: For the following questions, choose the correct option. 1. The Wealth of Nations was written by (1) George Michel (2) Adam Smith (3) Lance Keynes (4) None of these 2. French (1) (2) (3) (4) 3. Bank for International Settlements (BIS) was established in which among the following years? (1) 1910 (2) 1930 (3) 1944 (4) 1949 4. The ability to keep people who don’t pay for a good from consuming the good is called (1) Laudialibility (2) Excludability (3) Avaculaty (4) Affordability 5. A logical error in an argument or evaluation of a policy is also called as (1) Faulcy (2) Fallacy (3) Fatality (4) All of the above 6. Nash equilibrium is associated with (1) Market (2) Labour (3) Capital (4) Land 7. Paradox of thrift is associated with (1) Interest (2) Capital formation (3) Share market (4) International Market 8. Which (1) (2) (3) (4) 9. Gini index is used to measure (1) Wage increase (2) Production cost (3) Income (4) All of the above term laissez faire means Fair Trade No Taxation Smooth Sailing Leave me alone among the following is not cnsidered a basic factor of production? Capital Land Wages Labour 10 The headquarter of Asian Development Bank is situated in which among the following places? (1) Jakarta (2) Manila (3) Seoul (4) Tokyo 11. What is common between J C Penny, Target, Wal Mart and Save A Lot? (1) They are all retails giants (2) All fo them are from USA (3) Both (1) and (2) (4) Neither (1) nor (2) 12. iPOD is a music-playing device developed by which among the following companies? (1) Apple (2) IBM (3) NEC (4) Compaq 13. Swiss major Bovet is associated with which among the following products? (1) Baby foods (2) Leather products (3) Watches (4) All of the above 14. Which (1) (2) (3) (4) 15. Identify the airline from its logo (1) (2) (3) (4) among the following Indian companies bought Flag Telecom, an international telephone company? Reliance group Bharti Telephone Nigam Limited Tata Telecom RPG Group British Airways Delta Airlines United Airlines Lufthansa Answers key 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. Ans.(2). Ans.(2). Ans.(2). Ans.(2). Ans.(2). Ans.(1). Ans.(2). Ans.(3). Ans.(3). Ans.(2). Ans.(3). Ans.(1). Ans.(3). Ans.(1). Ans.(4).
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