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 less Developed Country:

Question # 2

When was Bank of Central African States formed?

Question # 3

The maximum price that a consumer is willing to pay for a good is called:

Question # 4

What does sempre mean?

Question # 5

Who among the following opines that public service and not sovereignty is the essential characteristic of he State?

Question # 6

What is Blue chips shares?

Question # 7

Political liberty without economic liberty is a myth, Who has made this statement?

Question # 8

What does the term 'The Golden Horde' Refer to?

Question # 9

Who among the following identified democracy wth crruption machine politics and gangsterism?

Question # 10

Profit is measured by:

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 A business owned and run by one person?
A. All of the above
B. One man show
C. Sole proprietorship
D. That doesn't exist
2 An Enquiry into the Nature and Causes of Wealth of Nations is the book of economics written by:
A. Adam Smith
B. Marshall
C. Robbins
D. None of above
3 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
4 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
5 The extent to which persons or organizations are better off at the end of a period than they were at the beginning?
A. Profit
B. Inventory
C. Good
D. Fringe benefits
6 Crick diplomacy consists of using the game of cricket as a political tool to enhance or worsent the diplomatic relations between two Cricket playing nations,Term was first used in 1987 during the match between?
A. Indian and Pakistan
B. Sri Lanka and Pakistan
C. Bangladesh and Pakistan
D. Indian and Bangladesh
7 According to Bushido (Way of the Warrior) which act is the ultimate test of loyalty (Japanese term )?
A. harikiri
B. Sengoku
C. Kamakura
D. Moritomo
8 Utility means:
A. Power to satisfy a want
B. Usefulness
C. Willingness of a person
D. Harmfulnes
9 What minimum price is acceptable by a firm in the short-period?
A. Equal to AC
B. Equal to AVC
C. Equal to AFC
D. Equal to TC
10 An outward shift of the production possibility frontier may be caused by:
A. An increase in demand
B. More government spending
C. Better training of employees
D. Productive inefficiency

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