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

An increase in aggregate demand will have most effect on prices if:

Question # 2

Which of the following would increase aggregate demand?

Question # 3

A rise in the general level of prices is called

Question # 4

Marginal utility is equal to average utility at that time when average utility is:

Question # 5

An increase in cost will:

Question # 6

Which one of the following according to Morgenthau is not a vital component of national interest?

Question # 7

The passion for equality made vain the hope for liberty"Who has made this statement?

Question # 8

In marketing ''USP'' stands for:

Question # 9

If the economy grows the government's budget position will automatically:

Question # 10

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

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 Carpe diem is a special genre of poetry:
A. Death of the body
B. Seize the day
C. Love endures
D. The body decays
2 Ultimate burden of tax is known as
A. Impact
B. Incidence
C. shifting of tax
D. Property tax
3 Demand for Primary products is likely to be:
A. Very sensitive to price
B. Price elastic
C. Unit elastic
D. Income inelastic
4 The term 'Socialism' was first used by
A. Robert Owen
B. Karl Marx
C. Lenin
D. Bernstein
5 This is known as the uncertainty or anxiety the reader feels about what will happen next in a story.
A. Suspense
B. Theme
C. Symbol
D. Motivation
6 Fiscal deficit in the budget means:
A. Revenue deficit plus the net borrowings of the government
B. Budgetary deficit plus the net borrowings of the government
C. Capital deficit plus revenue deficit
D. Primary deficit minus capital deficit
7 When was west African Monetary and Economic Union found?
A. 1991
B. 1994
C. 1992
D. 1995
8 What is the full form of the LASER?
A. Leg Amputation by Stimulated Emission of Radiation
B. Light Amputation by Systematic Emission of Radiation
C. Light Amplification by stimulated Emission of Radiation
D. Light Amputation by Stimulated Exit of Radiation
9 A monopolisitically competitive firm in short run equilibrium:
A. Will make negative profit (loss money)
B. Will make zero profit (break-even)
C. Will make positive profit
D. Any of the given are possible
10 Who wrote 'The general Theory of Employment,interest and money''?
A. Woodrow wilson
B. David Hume
C. Paul Samuelson
D. John Maynard Keynes

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