Terminology MCQs Online Test

Basically, terminology is a discipline that thoroughly studies the "labeling or entitling of concepts" especially to the one or more subject fields or domains of human action. Terminology does this through the research work as well as analysis of terms in context for the objective of documenting as well as promoting consistent usage.

Terminology MCQ's Test

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Terminology MCQ's Test

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Question # 1

Fire Insurance is based on the principle of-

Question # 2

If the price in a market is fixed by the government below equilibrium:

Question # 3

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

Question # 4

In America it is called a biscuit, What do the British call it?

Question # 5

What is a check representing a portion of the corporate earnings or profits called?

Question # 6

Which country is the largest wheat producing country of the world?

Question # 7

Who among the following identified democracy wth crruption machine politics and gangsterism?

Question # 8

Who prepared budget of Pakistan?

Question # 9

RAW stands for:

Question # 10

Monetary Policy of Pakistan is regulated by:

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 The asset demand for money:
A. Is unrelated to both the interest rate and the level of GDP
B. Varies inversely with the rate of interest
C. Varies inversely with the level of real GDP
D. Varies directly with the level of nominal  GDP
2 Which sociologist coined the term sociological imagination?
A. C.Wright mills
B. max Weber
C. James Frazer
D. Emile Durkheim
3 What is a check representing a portion of the corporate earnings or profits called?
A. Dividend
B. proxy
C. stock
D. fringe benefits
4 Uruguay Round of multilateral trade negotiations:
A. Started in 1986 and completed at the end of 1993
B. Replaced the GATT with WTO
C. Brought services and agriculture into WTO
D. all of the above
5 The ideal of 'positive liberty' was first conceived by:
A. Aristotle
B. Hegel
C. Green
D. Laski
6 What is the meaning of term ''oilgopoly''?
A. A one-firm Industry.
B. Many producers of a differentiated.
C. A few firms producers of a differentiated product.
D. None of these
7 The term 'Ethnic' is derived form the ______ word meaning 'nation'
A. Latin
B. Greek
C. Malayalee
D. Polynesian
8 What is a 'Quasi-rents'?
A. Are in the nature of free gifts
B. May be applicable to all factors of production
C. comprise of all the returns to firm in excess of the returns of the marginal firm
D. All the above
9 Which of the following country's economy is know as high economy?
A. America
B. U.K
C. Singapore
D. All of these
10 What do glasnost and perestroika mean?
A. Openness and economic restructuring
B. Isolation and Closure
C. War and peace
D. Peace and cooperation

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