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 the short run films t in perfect competition will still produced provided:

Question # 2

Economic development

Question # 3

An industry comprised of a very large number of sellers producing a standardized product is known as:

Question # 4

If the price elasticity of demand is unit then a fall in price:

Question # 5

The public sector includes:

Question # 6

What does the Latin word 'chronos' mean?

Question # 7

According to Keynes, real inflation takes place-

Question # 8

Opportunity cast of a factor is known as

Question # 9

What is an MMR?

Question # 10

The prices elasticity of demand coefficient indicates:

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 When a doctor is concerned about a patient's ''cell count'' he usually orders a CBC What does CBC stand for:
A. Complete Body Count
B. Complete Body Cast
C. Complete Blood Count
D. Cranial Breakage Cast
2 Which property the paper money does not possess
A. Acceptability
B. Divisibility
C. Durability
D. Portability
3 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
4 Net investment is
A. Gross investment minus household investment
B. Gross investment minus govt.investment
C. Gross investment minus capital consumption allowance
D. None of the above
5 'SAPFA' stands for:
A. South Asian Preferential Trading Arrangement
B. South Asian Promotion of Trade Agreement
C. SAARC Promotion of Trade Authority
D. None of all
6 Less Developed Countries tend to have:
A. A high average age
B. A slow population growth rate
C. High life expectancy
D. A low literacy rate
7 Economic development is measured on the basis of
A. Increase in nominal GNP
B. Increase in real GNP
C. Increase in personal incomes
D. Increase in government revenue
8 If the price in a market is fixed by the government below equilibrium:
A. There is excess equilibrium
B. There is excess supply
C. There is excess demand
D. There is equilibrium
9 If you doctor ordered and EKG or ECG, What part of Your body Would be tested:
A. Eyes
B. Bladder
C. Brain
D. Heart
10 The best adjustment of liberty and equality can be achieved in a regime of:
A. Liberalism
B. Socialism
C. Democratic Socialism
D. Idealism

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