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

In a free market the combination of products produced will be determined by:

Question # 2

What is hindsight?

Question # 3

Economics word is derived form language of:

Question # 4

Incommon meaning inflation is a condition in which-

Question # 5

What is a check representing a portion of the corporate earnings or profits called?

Question # 6

Who among the following is associated with 'Cicic-Sovereignty,Theory?

Question # 7

How many countries are belonged to Euro currency?

Question # 8

ICMB stands for:

Question # 9

What do the Initials IFAD stand for?

Question # 10

What is meant by the the 'The Big four'?

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 A market with few  entry barriers and with many firms that sell different product is:
A. Purely competitive
B. A monopoly
C. Monopolistically competitive
D. Oligopolistic
2 Ageism term coined by:
A. H.C. Armstrong
B. Pearl S.Buck
C. James Frazer
D. Robert N.Butler
3 Gross National Product is equal to?
A. Net National product adjusted for inflation
B. Gross Domestic product adjusted for inflation
C. Gross Domestic product plus net property income from abroad
D. Net National Product plus not property income from abroad
4 Which of the following is not a feature of Unitary System of the Government?
A. Administrative unity
B. Administrative empowerment
C. National unity
D. A coordination between national unity and Local self administration
5 What does the term 'Hanseatic League' refer to?
A.  Confederation of towns in the Low countries for Mutual defence 
B. Europe's first international Trades Union 
C. Confederation of Baltic States 
D. A confederation of German (and other ) towns for mutual defence in commerce 
6 The free market involves:
A. The free provision of products
B. The subsidising of products by the government
C. Market forces of supply and demand
D. All trad via barter
7 When a bank loan is repaid the supply of money:
A. Is constant but its composition will have changed
B. Is decreased
C. Is increased
D. May either increase or decrease
8 Under normal circumstances, when the price of a commodity falls. the quantity demanded will:
A. Decrease
B. Increase
C. Remain unchanged
D. Nobody knows
9 In America it is called a biscuit, What do the British call it?
A. Scone
B. Wafer
C. Cookie
D. Cone
10 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

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