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

Gandhi coined the term Satyagraha, what is the meaning of Satyagraha?

Question # 2

Headquarter of Asian Development Bank (ADV) is located at?

Question # 3

The reserves of a commercial bank consist of:

Question # 4

What minimum price is acceptable by a firm in the short-period?

Question # 5

What is meant by the term meritocracy?

Question # 6

The liquidity trap occurs when the demand for money:

Question # 7

Who prepared budget of Pakistan?

Question # 8

A voluntary association of people formed to carry on some kind of economic activity that will benefit its members?

Question # 9

The tendency to assume that one;s culture and way of life represent the norm or are superior to all others:

Question # 10

According to Keynes, real inflation takes place-


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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 What does SOP stand for:
A. Special Operating Procedure
B. Special Operation Procedure
C. Standard Operating plan
D. simple operating Plan
2 Carpe diem is a special genre of poetry:
A. Death of the body
B. Seize the day
C. Love endures
D. The body decays
3 What is a sequence of steps leading to a desired end?
A. Algorithm
B. Hierarchy
C. Ambiguous
D. Sector
4 To control inflation the central bank should do:
A. To sell government securities and to decrease bank rate
B. To sell government securities and to increase bank rate
C. To purchase government securities and to increase bank rate
D. To purchase government securities and to decrease bank rate
5 What is the full form of the NESPAK?
A. New Engineering Services of Pakistan
B. Newly Engineering Services of Pakistan
C. National Engineering Services of Pakistan
D. National Engineering Services of Punjab
6 Who theory advocates only night watchman role of the state?
A. Welfare state theory
B. Liberal Theory
C. Socialist Theory
D. Idealist Theory
7 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
8 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
9 The primary use to the kinked-demand curve is to explain price rigidity in:
A. Oligopoly
B. Monopoly
C. Perfect competition
D. Monopolistic competition
10 Which term refers to an awareness to the relationship between  the individual and his or her wider society?
A. Sociology
B. Sociological imagination
C. Social justice
D. Social interpretation

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