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 national income is likely to:

Question # 2

What is the main cause of inflation?

Question # 3

The public sector includes:

Question # 4

When the stock market is rising is called

Question # 5

Which sector contributes the highest share in Gross domestic Saving?

Question # 6

If interest payment is deducted from the fiscal deficit,then the balance is-

Question # 7

State Bank of Pakistan was established in:

Question # 8

Who introduced  the concept of 'Permanent Income Hypothesis'?

Question # 9

A constitutionally recognized body is-

Question # 10

How many countries are belonged to Euro currency?

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 In pure capitalism the role of government is best described as:
A. Significant
B. Extensive
C. Nonexistent
D. Limited
2 Which of the following best expresses the law of demand:
A. A high price reduces demand
B. A lower price reduces demand
C. A higher prices reduces quantity demanded
D. A lower prices shifts the demand curve to the right
3 Which is the largest import Pakistan?
A. Food
B. Petroleum
C. Fertilizer
D. Medicine
4 Which organization has been founded to act as permanent watchdog on the international trade:
A. ISRD
B. ADS
C. WTO
D. DIMF
5 The concept of costing margin in the pricing theory was introduced by?
A. Andrews
B. Baumol
C. Cournot
D. Williamson
6 Which is the main reason of demand pull inflation?
A. Increase in money supply
B. Increase in commercial expenditure
C. Increase in foreign demand for goods
D. All of the above
7 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 
8 The term dollar is not a part of the name of the currency in which of the following countries?
A. Malaysia
B. Italy
C. Singapore
D. USA
9 What was the meaning of the term the Cisalpine Republic?
A. Republic formed by Napoleon Bonaparte
B. A Frankish republic
C. Part of he Roman Republic
D. A republic set up by Giuseppe Garibaldi
10 'SAPFA' stands for:
A. South Asian Preferential Trading Arrangement
B. South Asian Promotion of Trade Agreement
C. SAARC Promotion of Trade Authority
D. None of all

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