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

Which one of the following is not a demerit of party system?

Question # 2

A business owned and run by one person?

Question # 3

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

Question # 4

A budgetary deficit means:

Question # 5

Who said ''Man is born free but every where he is in chains?

Question # 6

The allocation of scarce resources and nearly all other economic activity stams form ritual habit or custom:

Question # 7

The word 'Polis' relates to:

Question # 8

Which of the following is not required while computing Gross National product (GNP)?

Question # 9

Who has said that a welfare state is'' a state that provides for its citizens a wide range of social services''?

Question # 10

Maastricht Treaty is related to:

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 The allocation of scarce resources and nearly all other economic activity stams form ritual habit or custom:
A. Mixed economy
B. Capitalism
C. Traditional economy
D. communism
2 ADC is an abbreviation used in the social work field and court system. what  does tit stand for?
A. aid to deceased children's families
B. aid to dependent children
C. aid to dependent children
D. aid to developing crisis plans
3 The standard of living is often measured by:
A. Real GDP per capita
B. Real GDP
C. Real GDP population
D. Real GDP plus depreciation
4 According to Marshall, the basis to consumer surplus is:
A. Law of diminishing marginal utility
B. Law of equimarginal utility
C. Law of proportions
D. All of the above
5 Liberty is increased when sovereignty is put into the right hands' Who has made this statements?
A. Friedman
B. Hayek
C. I, Berlin
D. L, strauss
6 In a cartel member firm may be given be given a fixed amount to produce. This is called a:
A. Limit
B. Factor
C. Quota
D. Quotient
7 Which is not the characteristic of socialist or planned economy?
A. Government is the owner of resources
B. Production decisions are determined by the government
C. Profit motive
D. None of the above
8 For Precise measurements of small weights we use the term'troy' what is its historic origin?
A. The word is linked to the idea of ' three and is related to the Russian troika 
B. Unit of Weight current in the medieval town of Troy 
C. Unit of weight current in the medieval town of Troyes in  France
D. It was first used by Heinrich Schliemann tor the fine measurements of weight he had to carry out whe 
9 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
10 Who wrote 'The general Theory of Employment,interest and money''?
A. Woodrow wilson
B. David Hume
C. Paul Samuelson
D. John Maynard Keynes

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