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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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Total Questions10
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Time Allowed10
Terminology MCQ's Test
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Question # 1
Who Defined sovereignty as the supreme authority which is independent of any other earthly authority?
Who Defined sovereignty as the supreme authority which is independent of any other earthly authority?
Question # 2
When did the Euro banknotes and coins start to circulated:
When did the Euro banknotes and coins start to circulated:
Question # 3
Movement of individuals or groups form one position of a society of a society's stratification system to another is known as:
Movement of individuals or groups form one position of a society of a society's stratification system to another is known as:
Question # 4
A monopolisitically competitive firm in short run equilibrium:
A monopolisitically competitive firm in short run equilibrium:
Question # 5
According to Keynes, real inflation takes place-
Question # 6
Karl Marx's used which term for the capitalist class, comprising the owners of the means of production:
Karl Marx's used which term for the capitalist class, comprising the owners of the means of production:
Question # 7
An industry comprised of a very large number of sellers producing a standardized product is known as:
Question # 8
Monetary Policy of Pakistan is regulated by:
Monetary Policy of Pakistan is regulated by:
Question # 9
The liquidity trap occurs when the demand for money:
Question # 10
Which one of he following is not a natural element of power?
Which one of he following is not a natural element of power?
Terminology Online Test
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General Knowldge Terminology Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Economic growth can be measured by: |
A. The CPI
B. The CBI
C. GDP
D. MPC
|
| 2 |
Market where goods and services are offered for sale? |
A. Factor market
B. product market
C. productivity
D. service
|
| 3 | When total revenue is increasing: |
A. Marginal revenue may be either positive or negative
B. The demand curve is relatively inelastic
C. marginal revenue is positive
D. marginal Revenue is negative
|
| 4 |
A market with few entry barriers and with many firms that sell different product is: |
A. Purely competitive
B. A monopoly
C. Monopolistically competitive
D. Oligopolistic
|
| 5 |
The marginal revenue curve in monopoly: |
A. Equals the demand curve
B. Is parallel with the demand curve
C. Lies below and converges with the demand curve
D. Lies below and diverges form the demand curve
|
| 6 |
Economics word is derived form language of: |
A. Greek
B. French
C. Latin
D. Italian
|
| 7 |
Which one of the following is not an element of Democratic Socialism? |
A. Welfare state
B. Mixed economy
C. Social justice
D. Revolutionary change
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| 8 |
According to Marshall, the basis to consumer surplus is: |
A. Law of diminishing marginal utility
B. Law of equimarginal utility
C. Law of proportions
D. All of the above
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| 9 | For Precise measurements of small weights we use the term'troy' what is its historic origin? |
A. The word is linked to the idea of ' three and is related to the Russian troika
B. Unit of Weight current in the medieval town of Troy
C. Unit of weight current in the medieval town of Troyes in France
D. It was first used by Heinrich Schliemann tor the fine measurements of weight he had to carry out whe
|
| 10 |
Demand for Primary products is likely to be: |
A. Very sensitive to price
B. Price elastic
C. Unit elastic
D. Income inelastic
|
Test Questions
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SAMRA BATOOL
26 Sep 2020I want see my submitted test
Asadullah
08 Mar 2019Very tough Questions and very important
Asma Virk
10 Jun 2017i want to see my level.
asd
15 Mar 2016sfsdfsdfsdfgsdgfsdfgs
HAMEED ULLAH KHAN
18 Feb 2016good attempt