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

Who has given the ''Deterministic or dingle factor theory'' about social change:

Question # 2

Over time the price of primary products tends to fall because:

Question # 3

What does AAR stand for?

Question # 4

The primary use to the kinked-demand curve is to explain price rigidity in:

Question # 5

Vote by which all of the people of state or territory express an opinion for or against a proposal especially form the government is known as:

Question # 6

What is mixed economy?

Question # 7

Black money is:

Question # 8

What does LIPS means?

Question # 9

Profits is caused by-

Question # 10

Which industry group has the highest outstanding amount in non-small scale sector in Pakistan?

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 According to the law of demand,when:
A. Price increases demand decreases
B. Price decreases demand decreases
C. Price increases demand increases
D. Price decreases demand does not change
2 Economic growth can be measured by:
A. The CPI
B. The CBI
C. GDP
D. MPC
3 Globlization is made more difficult by:
A. The actions of the world Trade organization
B. The removal of protectionist measure
C. Exchange rate instability
D. More free trade agreements
4 An increase in aggregate demand will have most effect on prices if:
A. Aggregate supply is price inelastic
B. Aggregate supply is price elastic
C. Aggregate supply has unitary price elasticity
D. Aggregate demand is price inelastic
5 In a free market the combination of products produced will be determined by:
A. Market forces of supply and demand
B. The goverment
C. The law
D. The Public sector
6 ICAO is another important UN Agency, What does not ICAO stand for?
A. International Civil Aviation Organization
B. International control of Aeroplanes Organization 
C. International Concorde Air planes Organization
D. International committee of approval of new organizations
7 The maximum price that a consumer is willing to pay for a good is called:
A. The reservation price
B. The market price
C. The first degree price
D. The block price
8 When stock market is falling is called
A. Bearish
B. Bullish
C. Anti Dumping
D. Dumping
9 Who among the following identified democracy wth crruption machine politics and gangsterism?
A. Pareto 
B. Laski 
C. Robert Hahl 
D. C. W. Millls 
10 Who among the following formuated the most system doctrine of sovereignty?
A. Gourtius 
B. bodin 
C. Austlin 
D. Locke 

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