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

Every country establishes central bank to:

Question # 2

Which of he following is to not likely is not likely to be a government objective?

Question # 3

What do glasnost and perestroika mean?

Question # 4

Gross National Product is equal to?

Question # 5

''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 # 6

What is a 15-sided polygon?

Question # 7

Which country is the largest wheat producing country of the world?

Question # 8

The value of money varies:

Question # 9

For Precise measurements of small weights we use the term'troy' what is its historic origin?

Question # 10

Land is the only factor of production whose supply is?


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Terminology Online Test

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 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
2 An Australian superstition concerning the number 87 by association 187,287 etc:
A. The English number
B. Napoleon
C. Nelson
D. The Devil's number
3 Who developed the innovation theory of profit?
A. Shumpeter
B. Haley
C. Prof,Knight
D. Karl Marx
4 Where might you purchase an SUV?
A. flower garden
B. Department store
C. car dealership
D. farmers market
5 Passive factor of production is:
A. Only land
B. Only capital
C. Both land and capital
D. Neither land nor capital
6 The process of budget making after re-evaluating every item expenditure in every financial year is known as:
A. Performance Budgeting:
B. Deficit Budgeting
C. Zero Based Budgeting
D. Fresh Budgeting
7 A rise in the general level of prices is called
A. A very bad thing
B. Raise
C. Inflation
D. Payroll
8 Economic growth can be measured by:
A. The CPI
B. The CBI
C. GDP
D. MPC
9 If the minimum wage is set above the equilibrium wage rate then other things unchanged:
A. There will be equilibrium  in the labour market
B. There will excess demand in the labour
C. There will be excess supply in the labour market
D. More people will be employed
10 The resources in the economy do not include:
A. Demand
B. Land
C. Labour
D. Capital

Test Questions