301. A households or firms income in the form of goods or services ?
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A. Fixed income

B. Extra income

C. None

D. Income in kind

302. A cooperative farm or other collectively organized unit ?
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A. Commune

B. Corporation

C. All

D. Society

303. Jumping legs present in grasshopper known as___________________?
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A. Netatiorial

B. Cursorial

C. Raptiorial

D. Saltatorial
304. Insects which are during day light hours are called_________________?
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A. Diurnal insects

B. Crepuscular insects

C. Non of the above

D. Nocturnal insects

305. The study of functions of different parts of insects is called__________________?
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A. Insect morphology

B. Insect ecology

C. Insect Physiology

D. None of the above

306. A firm which engages in in the busyness of banking_________________?
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A. Commercial bank

B. None

C. World bank

D. State bank

307. Loans not passed through formal banking system e.g. family loans?
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A. Med term loans

B. Informal finance

C. Formal finance

D. Long term loans

308. A closed economy that attempts to be completely self-reliant ?
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A. None

B. Command economy

C. Amortization

D. Autarchy
309. The currency of a major industrial country, such as the U.S dollar___________________?
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A. Stable currency

B. Main currency

C. None

D. Hard currency
310. An agreement among sellers of a commodity to set a common price or share their commodity market?
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A. All

B. Oligopoly

C. collusion

D. Monopoly

311. A payment of funds by a govt. firm or house hold for which it receives no goods or services in return?
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A. lump-sum-tax

B. Subsidy

C. None

D. Tax

312. The intersection of the supply curve and demand curve indicates ?
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A. Market condition

B. None

C. Market equilibrium

D. Market demand

313. Difference between workers and drones _____________________?
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A. None of the above

B. Drones are female while workers are sterile

C. Drones are sterile while workers are sterile

D. Drones are male while workers are sterile
314. Failure to achieve full production is called ?
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A. None

B. Unemployment

C. Under employment

D. Unplanned

315. A process of production that uses a higher proportion of capital as compared to other factors of production ?
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A. Capital intensive technique

B. Labour intensive technique

C. Both a and b

D. None of these

316. Productive investments embodied in human persons?
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A. Fixed capital

B. Human capital

C. Both A and B

D. non of these

317. A large govt. role and some degree of coordinated economic decision making directed towards transforming the economy are usually viewed as essential components of__________________?
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A. Development economics

B. None

C. Tradititional economics

D. Political economics

318. Proportion of school aged children who dont complete a particular school cycle ?
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A. All

B. Children un education rate

C. IIIiteracy rate

D. Dropout rate
319. The ability of Market forces to synchronize selling and buying decision to eliminate potential surpluses and shortages is known as_________________?
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A. Specification

B. None

C. Generalization

D. Rationing function of the price
320. Iocomotary movement of an organ towards a stimulus, but stimulus does not control direction of the movement is_________________?
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A. Hydrokinesis

B. Orthokinesis

C. Kinesis

D. Uniokineses

321. Tax levied on production of specific product on quantity of product purchased ?
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A. All

B. Income tax

C. Excise tax

D. Sales tax

322. A. Cetris peribus stands for__________________?
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A. All else being equal

B. Same as given before

C. Let it be

D. None

323. Increases in the price level resulting from an excess of demand over output at the existing price level, caused by an increase in aggregate demand ?
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A. None

B. Both

C. Demand pull inflation

D. Stagflation

324. Rural based population in developed countries___________________?
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A. 35%

B. 50%

C. 27 %

D. 42%

325. larvae with cylindrical, elongated, narrow body anterionly and with out legs is__________________?
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A. campo deiform

B. Vermiform

C. Eruci form

D. Scarabaeiform

326. The long axis of head is horizontal and in line with insect body, mouth parts directed forward is type of head_______________?
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A. Prognathous

B. Opis thosynchous

C. Hypognathous

D. Opisthognathous

327. Employment available resources so that the maximum amount of goods and services is produced?
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A. Fringe benefits

B. Full production

C. None

D. Large scale production

328. A legal entry chartered by a state or the federal govt. which is district and separate from the individuals who own it ?
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A. Partnership

B. None

C. Co-operative

D. Corporation
329. An organization of producers agreeing to limit the output of their product in an effort to raise prices and profit ?
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A. Capital account

B. Capital account

C. Cartel

D. Buffer stock

330. Resting stage in endopteryota is called?
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A. Nympth

B. Pupae

C. Adult

D. Larva

331. Any financial institution that serves to channel loan able funds savers to borrowers?
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A. Financial intermediary

B. IMF

C. Both

D. None

332. A course of action indented to correct or avoid a problem_________________?
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A. Economic phenomena

B. Economic policy

C. Economic principle

D. Economic rationale

333. Three main part of antennae are _____________________?
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A. Pedicle, scape, club

B. Ring, funicle, club

C. Scape pedicel, flagellum

D. Scape, club, flagellum

334. A supply curve shifts because of change in_____________________?
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A. The price of the related products

B. Technology

C. Both a and b

D. None of these

335. People both rural and urban who are working less than they could___________________?
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A. None

B. Partial employment

C. Under employment

D. Open employment

336. In less developed nations economic dependency burden is__________________?
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A. 45 % of the population

B. 65 % of the population

C. 35 % of the population

D. 55 % of the population

337. When the fore wings are modified into halteres. they are called_________________?
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A. Filohalteres

B. Halteres

C. pseudohalteres

D. Hemelytra

338. Honey bees with a row of minutes hooks on the anterior wings that catch in to the up-rolled hind border of the fore wing is_______________?
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A. Retainaculum

B. hamuli

C. Frenulum

D. Jugum

339. All LDCs require to take off into a period of self-sustaining economic growth is a massive investment program designed to promote rapid industrialization and the building up of economic infrastructure. ?
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A. Rostows development plan

B. Big Push theory of development

C. Harod Domes model

D. Economic development theory

340. Labour force engage in Agriculture in economically developed nations ?
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A. 10%

B. 2%

C. 5%

D. 15%

341. A term used by ILO to describe the basic goods and services necessary for a minimum standard of living ?
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A. Gini co-efficient

B. Basic needs

C. None

D. Poverty line

342. Nonproductive members of society are referred to as___________________?
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A. None of these

B. Economic dependency burden

C. Society burden

D. Society wastes

343. Private or public debt owed to foreign citizens firms and institutions ?
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A. None

B. External debt

C. Loan

D. Internal debt

344. Grass hopper, cricket have mouth parts__________________?
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A. Piercing sucking type

B. Biting chewing type

C. Biting and sponging type

D. Chewing lapping type

345. The gradual decline over time in the value or price of one currency in terms of another as a result of market forces of supply and demand ?
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A. Downsizing

B. All

C. Rightsizing

D. Depreciation

346. Asymmetrical mouths parts present in__________________?
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A. Aphid

B. Housefly

C. None

D. Thrips
347. The ventral selerotized region of insect body is called___________________?
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A. None of the above

B. Sternum

C. Pleuron

D. Tergum

348. The study of how economies are transformed from stagnation to growth and from low income to higher income status?
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A. Development plan

B. Development economics

C. All

D. Econometrics

349. Ants butterflies, wasp, moths have type of legs ______________________?
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A. Cursorial

B. Basket like

C. Fossorial

D. Netatorial

350. Economic model describing growth of the economy on one or at most a few sectors and variables?
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A. None

B. Functional growth model

C. Aggregate growth model

D. Formal growth model