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

''The State in which all authority and powers are vested in a single center, whose will and agents are legally  omnipotent over the whole are'' is known as:

Question # 2

What usually constitutes the main source of a governments income:

Question # 3

The theory of Natural Rights holds that:

Question # 4

For a perfectly competitive firm:

Question # 5

According to Lucian Pye, the element of political development are:

Question # 6

When did the Euro banknotes and coins start to circulated:

Question # 7

The first Stock Exchange of the world is

Question # 8

Who introduce the concept of multiplier first of all?

Question # 9

If employes cannot accept a job because of the cost o moving this is known as:

Question # 10

The term Cowboy diplomacy was first used in 1902 by:

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 Which one of he following committee has admitted the existence of  a nexus between the politicians bureaucrats and criminals?
A. Vohra committee
B. Santhanam committee
C. Narshimhan committee
D. Kripalani committee
2 A currency swap refer to-
A. A spot sale of currency combined with a forward repurchase of the same currency-as part of single transaction
B. A forward sale of currency combined with a forward repurchase of the same currency - as part of a single transaction
C. A forward sale of currency combined with a forward repurchase of the same currency in two different transactions
D. All of the above
3 Fir stand for:
A. First information Report
B. Final information Report
C. Fundamental information Report
D. Final information Record
4 Who among the following formuated the most system doctrine of sovereignty?
A. Gourtius 
B. bodin 
C. Austlin 
D. Locke 
5 The term 'Socialism' was first used by
A. Robert Owen
B. Karl Marx
C. Lenin
D. Bernstein
6 Incommon meaning inflation is a condition in which-
A. Price of commodity increases
B. Value of money decreases
C. Price of commodity and value of money both increases
D. Price of commodity increases and value of money decreases
7 Reducing inflation is a more important objective than economic growth is an example of:
A. Normative economics
B. Positive economics
C. Objective economics
D. Reality economics
8 To reduce the supply of money the government could:
A. Reduce interest rates
B. Buy back government bonds
C. Sell government bonds
D. Encourage banks to lend
9 The concept of premium applies to a person that is:
A. Risk loving
B. Risk averse
C. Risk neutral
D. None of them
10 The basic different between the ''short run''and the ''long run'' is that:
A. All cost are fixed in the short run, but all costs are variable i8n the long run
B. The law of diminishing returns applies in the long run, but not  in the short run.
C. At least one resource is fixed in the short run while all resources are variable in the long run
D. Economies of scale may be present in the short run, but not in the long run.

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