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

The free market involves:

Question # 2

Whose opinions have revolutionized the scope of macro economics?

Question # 3

In pure capitalism the role of government is best described as:

Question # 4

Uruguay Round of multilateral trade negotiations:

Question # 5

PIN stand for:

Question # 6

The military abbreviation APO stands for what?

Question # 7

What does the term 'Hanseatic League' refer to?

Question # 8

Less Developed Countries tend to have:

Question # 9

The part of economics that deals with behavior and decision making by small units, such as individuals and firms?

Question # 10

According to the law of diminishing utility:


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Terminology Online Test

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 The term Cowboy diplomacy was first used in 1902 by:
A. Jackie Lawlor
B. Edmund Gullion
C. James Cable
D. David Hoffman
2 Which of the following is not a supply side measure?
A. increased training
B. Providing more information
C. Helping individuals to move location to find work
D. Increasing spending on existing  industries
3 When was the world Federation of Trade Union founded?
A. 1949
B. 1945
C. 1946
D. 1942
4 Where is the headquarters of World Trade Organization?
A. New Delhi
B. New York
C. Geneva
D. None of the above
5 The military abbreviation APO stands for what?
A. Army Post Office
B. Army Private Office
C. Air Force Public Officer
D. Air Force Public Officer
6 Hobbes gives individual the right to disobey the sovereign for?
A. Self Preservation
B. Protection of Freedom
C. Removing injustice
D. Removing injustice
7 Which of these is an example of hindsight?
A. Reading about the outbreak of WWII and then saying Europe should have stood up to Hitler at the Munich Conference
B. Thinking you have an important history exam but as there is no future in history you don't bother revising
C. Planning your day extremely carefully thinking about the potential outcome of each and every event
D. None of these
8 Who made the decision to name a single currency the Euro?
A. European Commision
B. European Council
C. European Parliament
D. European Central Bank
9 When a bank loan is repaid the supply of money:
A. Is constant but its composition will have changed
B. Is decreased
C. Is increased
D. May either increase or decrease
10 Deficit financing increases-
A. Rate of money inflation
B. Rate of money deflation
C. Rate of devaluation
D. All of the above

Test Questions