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Terminology Online Test MCQs With Answers

Question # 1

A market with few entry barriers and with many firms that sell different product is:

Choose an answer

Purely competitive

A monopoly

Monopolistically competitive

Oligopolistic

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Question # 2

Who among the following makes a distinction between society and state?

Choose an answer

Pareto

Maclver

Charles Merriam

Bryce

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Question # 3

Which property the paper money does not possess

Choose an answer

Acceptability

Divisibility

Durability

Portability

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Question # 4

Where is he headquarters of the world federation of Trade union:

Choose an answer

Czech Republic

Russia

U.K.

U.S.A

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Question # 5

In marketing ''USP'' stands for:

Choose an answer

Unique selling Propositions

Underlying sales

Unit sales point

Under sales Procedure

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Question # 6

Who among the following was the first to propound the Pluralistic Theory of Sovereignty?

Choose an answer

H.J.Laski

Jean Bodin

Otto Von Gierke

Maclver

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Question # 7

Movement of individuals or groups form one position of a society of a society's stratification system to another is known as:

Choose an answer

Social change

Social mobility

Vertical mobility

None of these

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Question # 8

The driving force that encourages people and organizations to improve their material well being is called:

Choose an answer

Private property

Big houses

Vacations

Profit motive

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Question # 9

Which of the following is not a macroeconomic issue?

Choose an answer

Unemployment

Inflation

The wages paid to footballers

Economic growth

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Question # 10

A business owned and run by one person?

Choose an answer

All of the above

One man show

Sole proprietorship

That doesn't exist

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Question # 11

Which word not belong in the military abbreviation NBC?

Choose an answer

Nuclear

Chemical

Biological

Clinical

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