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

Price are likely to be least flexible:

Question # 2

In common meaning inflation is a condition in which__

Question # 3

What is the full form of IAEA?

Question # 4

Who said the history of all hiterto existing society is the history of class struggle,''?

Question # 5

What does the term''contingency workforce'' mean?

Question # 6

A reduction in the money supply is likely to:

Question # 7

What is a reflationary policy?

Question # 8

Increase in fixed asset due to purchase is

Question # 9

From when did the Euro become a legal tender?

Question # 10

Globlization is made more difficult by:


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Terminology Online Test

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 What are the aims of international Monetary fund?
A. To promote International monetary co-fund?
B. The expansion of international trade and exchange rate stability
C. To assist in the removal of exchange restricting and the establishment of a multilateral system of payment
D. All of above
2 What is inflation?
A. Reduces the cost of living
B. Reduces the standard of living
C. Reduces the price of Products
D. Reduces the purchasing power of a pound
3 who among the following is associated with the Iron Law of Oligarchy?
A. Michels
B. Mosca
C. Mills
D. Laski
4 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.
5 The term Cowboy diplomacy was first used in 1902 by:
A. Jackie Lawlor
B. Edmund Gullion
C. James Cable
D. David Hoffman
6 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
7 Sometimes a physiclan orders a BMP ft measure the basic electrolyte levels in your blood,l What does the acronym BMP stand for?
A. Basic Medication panel
B. Basic metabolic Panel
C. Bone measuring panel
D. Blood Measuring panel
8 An Enquiry into the Nature and Causes of Wealth of Nations is the book of economics written by:
A. Adam Smith
B. Marshall
C. Robbins
D. None of above
9 Which of term means the same distance form something?
A. Equilateral
B. Proportional
C. Equiangular
D. Equidistant
10 What is the effect the economy if reducing involuntary unemployment?
A. It helps the economy move on to the Helps shift the economy move on to the Production Possibility Frontier
B. Helps shift the economy's production Possibility Frontier out wards
C. Helps the economy move along its Production possibility Frontier
D. Helps the economy Frontier

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