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 term was first applied to describe the efforts of United states secretary of state Henry Kissinger,beginning November Hostilities followings the Yom Kipur War?

Question # 2

Which does the government not control directly?

Question # 3

When was west African Monetary and Economic Union found?

Question # 4

Who developed the innovation theory of profit?

Question # 5

Monopoly is when there is a single:

Question # 6

Who gave the ''theory of comparative advantage''?

Question # 7

What does contemporary mean?

Question # 8

If the price elasticity of demand is unit then a fall in price:

Question # 9

When a doctor is concerned about a patient's ''cell count'' he usually orders a CBC What does CBC stand for:

Question # 10

"Economics is what economics do" it has been supported by:

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 Marx borrowed Dialectical Method form:
A. Locke
B. Rousseau
C. Hegal
D. Green
2 Which of the following would decrease aggregate demand?
A. Increased consumption
B. Increasing export revenue
C. Increasing taxation revenue
D. Increased investment
3 Who coined the term of Ageism?
A. H.C. Armstrong
B. Pearl S. Buck
C. James Frazer
D. Robert N Butler
4 Which of the following is not required while computing Gross National product (GNP)?
A. Net foreign investment
B. Private investment
C. Per Capital income of citizens
D. Purchase of goods by government
5 A system in which private citizens own the factors of production:
A. Traditionalism
B. Communism
C. Capitalism
D. Profit
6 The concept of premium applies to a person that is:
A. Risk loving
B. Risk averse
C. Risk neutral
D. None of them
7 When the rate of money inflation increase then the prices of commodities?
A. Increase
B. Decrease
C. Remain constant
D. Do not change
8 Who among the following thinker made the statement that, Covenant without sword are but words and of no strength to secure men at all?
A. Pufendorf
B. Hobbes
C. Locke
D. Rousseau
9 Which is the monetary measure to control inflation?
A. Increases in taxation
B. Decreases in taxation
C. Soft credit policy
D. Hard credit policy
10 The on-going melt down had its origin in:
A. The real sector
B. The financial sector
C. The service sector
D. The textile sector

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