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

A monopolisitically competitive firm in short run equilibrium:

Question # 2

Which of the following country's economy is know as high economy?

Question # 3

Price are likely to be least flexible:

Question # 4

The Samuelson Holt formula provides a measure of?

Question # 5

What does the term 'Beer Hall Putsch' refer to?

Question # 6

Deficit financing increases-

Question # 7

Who gave the ''theory of comparative advantage''?

Question # 8

Who Defined sovereignty as the supreme authority which is independent of any other earthly authority?

Question # 9

Fire Insurance is based on the principle of

Question # 10

Who developed the innovation theory of profit?

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 The term 'Ethnic' is derived form the ______ word meaning 'nation'
A. Latin
B. Greek
C. Malayalee
D. Polynesian
2 The tendency to assume that one;s culture and way of life represent the norm or are superior to all others:
A. Incest taboo
B. Endogamy
C. Ethnocentrism
D. Dependency
3 In a free market the combination of products produced will be determined by:
A. Market forces of supply and demand
B. The goverment
C. The law
D. The Public sector
4 When a doctor is concerned about a patient's ''cell count'' he usually orders a CBC What does CBC stand for:
A. Complete Body Count
B. Complete Body Cast
C. Complete Blood Count
D. Cranial Breakage Cast
5 What does the term 'The Golden Horde' Refer to?
A. Part of the Mongol Empire 
B. An area in Mexico once ruled by the Aztecs 
C. An area in Mexico once ruled by the Aztecs 
D. Napoleon's conquest of Egypt 
6 The credit for a advocation the legat theory of night goes to:
A. Austin 
B. Locke 
C. Barker 
D. Laski 
7 What does 'chronology' mean?
A. Something that happened before 1500
B. Any history that is boring
C. In the correct order of time
D. None of these
8 The extent to which persons or organizations are better off at the end of a period than they were at the beginning?
A. Profit
B. Inventory
C. Good
D. Fringe benefits
9 Land is the only factor of production whose supply is?
A. More Elastic
B. Perfectly Elastic
C. Perfectly Inelastic
D. Unitary Elastic
10 When was Common Market for Eastern and Southern African (COMESA) formed?
A. 1995
B. 1994
C. 1992
D. 1991

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