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

Fiscal deficit in the budget means:

Question # 2

Which one of he following ideologies considers political party as a vanguard of the social class?

Question # 3

What theory explains why deflation may actually leads to an increase in GDP?

Question # 4

What do the initials SEATO stand for?

Question # 5

Monopoly is when there is a single:

Question # 6

Dollar diplomacy term was originally coined by which president of USA?

Question # 7

A constitutionally recognized body is-

Question # 8

Products that increase  the usefulness or value fo other products?

Question # 9

Ageism term coined by:

Question # 10

A political theory said that when a particular group  is entitled to give legitimate orders over some area is know as:

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 The former policy of the south African government designed to Maintain the separation of Blacks and other non-Whites form the dominant whites is called:
A. Alienation
B. Apartheid
C. Closed system
D. Control group
2 earning form primary products are often us unstable because:
A. Demand is price elastic
B. Supply is price elastic
C. Supply conditions are relatively stable
D. Supply conditions are unstable
3 A form of government in which minority rules outside  the law is:
A. Oligarchy
B. Tyranny
C. Aristocracy
D. Democracy
4 If an increase in investment leads to a bigger increase in national income this is called the:
A. Aggregate demand
B. Accelerator
C. Monetarism
D. Multiplier
5 Economic development is measured on the basis of
A. Increase in nominal GNP
B. Increase in real GNP
C. Increase in personal incomes
D. Increase in government revenue
6 The on-going melt down had its origin in:
A. The real sector
B. The financial sector
C. The service sector
D. The textile sector
7 VPP stands for:
A. Value Payable post
B. Vary Payable post
C. Value payable please
D. Value please post
8 Marx propounded the theory of class struggle mainly in:
A. The Economic and Political Manuscript
B. The communist Manifesto
C. Das capital
D. The Poverty of Philosophy
9 What of the following is false about W.T.O?
A. It is the main organ implementing the Multilateral Trade Agreement
B. It is global in its membership
C. It has far wider scope than GATT
D. Only countries having more than prescribed level of total GDP can become its members
10 How many countries are belonged to Euro currency?
A. 14
B. 17
C. 15
D. 18

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