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

ICMB stands for:

Question # 2

POTA stand for:

Question # 3

Who introduce the concept of multiplier first of all?

Question # 4

earning form primary products are often us unstable because:

Question # 5

When was the world Federation of Trade Union founded?

Question # 6

What is the main cause of inflation?

Question # 7

Vote by which all of the people of state or territory express an opinion for or against a proposal especially form the government is known as:

Question # 8

An individual whose attitude towards is known as:

Question # 9

If the minimum wage is set above the equilibrium wage rate then other things unchanged:

Question # 10

The free market involves:

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 Which organization has been founded to act as permanent watchdog on the international trade:
A. ISRD
B. ADS
C. WTO
D. DIMF
2 When you consume more and more of a commodity continuously, your total satisfaction level will?
A. Decrease
B. Fluctuate
C. Remain
D. Increase
3 What is full form of the OAU?
A. Organization of Asian Unity
B. Organization of African Unity
C. Organization of American Unity
D. Organization of Allied Universities
4 If an economy is productively efficient:
A. Everyone is wealthy
B. Resource are unemployed
C. More of one product can only be produced if less of another product is produced
D. The distribution of income is equal
5 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
6 Under new GATT agreements textile trade related to Multi- Fiber Arrangement (MFA) has to be abolished within?
A. 5 Years
B. 10 Years
C. 15 Years
D. 20 Years
7 In the sports a team member that has played extremely well might receive____award:
A. VIP
B. WIA
C. TBP
D. MVP
8 'Closed Economy' is that economy in which:
A. Only export takes place
B. Money supply is fully controlled
C. Deficit financing takes place
D. Neither export nor import takes place
9 The best adjustment of liberty and equality can be achieved in a regime of:
A. Liberalism
B. Socialism
C. Democratic Socialism
D. Idealism
10 What is termed to order an accused person to be kept in custody or placed on ball pending further court appearance?
A. Remand
B. Custody
C. Arrest
D. Prosecuting

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