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

What is a kiwi?

Question # 2

Who wrote 'The general Theory of Employment,interest and money''?

Question # 3

Blue Revolution is related to:

Question # 4

Market where goods and services are offered for sale?

Question # 5

Which sociologist coined the term sociological imagination?

Question # 6

The govt can control inflation by

Question # 7

NTC is the abbreviation of which organization;

Question # 8

Which of the following is not an indirect tax?

Question # 9

What is a hard currency?

Question # 10

What is full form of the OAU?


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Terminology Online Test

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 Say's law of Markets states that:
A. Demand creates its own supply
B. Supply creates its own demand
C. Demand creates its own demand
D. Supply creates its own supply
2 Market where goods and services are offered for sale?
A. Factor market
B. product market
C. productivity
D. service
3 Which does not belong in SPORTS?
A. Releases
B. Slap
C. Touch
D. Pull
4 Marshall's representative firm is a long-run average firm while optimum firm is a:
A. Maximum cost firm
B. Minimum cost firm
C. Marginal cost firm
D. Average cost firm
5 Which of hr following can the government not use directly to control the economy:
A. Pay rates within the private sector
B. Pay rates in the pubic sector
C. Investment in education
D. Benefits available for the unemployed and sick
6 According to the law of diminishing utility:
A. Utility is a maximum whit the first unit
B. Increase units of consumption increase the marginal utility
C. Marginal product will fall as more units are consumed
D. Total utility will rise at a falling rate as more units are consumed
7 A budgetary deficit means:
A. Total expenditure is more than total revenue
B. Current expenditure is more than current revenue
C. Capital expenditure is more than capital revenue
D. Total expenditure is more than current revenue
8 Whose opinions have revolutionized the scope of macro economics?
A. Adam Smith
B. J.B Say
C. J,M Keynes
D. All of the above
9 A movement along the demand curve may be caused by
A. A change in income
B. A change in the number of buyers
C. A change in advertising
D. A shift in supply
10 'From each  according to his ability, to each according to his need' is the theoretical slogan of which system?
A. Communist system
B. Capitalist system
C. Fascist system
D. None of these

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