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

GRE Stand for:

Question # 2

Market where goods and services are offered for sale?

Question # 3

Which factor is not related to economic development?

Question # 4

In pure capitalism the role of government is best described as:

Question # 5

Investment is defined as a-

Question # 6

Which of the following is not a direct tax?

Question # 7

Which sociologist coined the term sociological imagination?

Question # 8

Marshall's representative firm is a long-run average firm while optimum firm is a:

Question # 9

Which os the main reason of demand pull inflation?

Question # 10

Liberty is increased when sovereignty is put into the right hands' Who has made this statements?

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 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
2 Who has said that a welfare state is'' a state that provides for its citizens a wide range of social services''?
A. G,D,H Cole
B. H, J, Laski
C. Abraham
D. T,W,Kent
3 Which one of the following according to Morgenthau is not a vital component of national interest?
A. Physical identity
B. Political identity
C. Cultural identity
D. Individual identity
4 What theory explains why deflation may actually lead to an increase in GDP?
A. Solow effect
B. Rational expectations
C. Pigou effect
D. Adaptive expectations
5 What is a hard currency?
A. Whose external value is increasing
B. Which can be acquired only with official permission
C. Which can be obtained only against sale of gold
D. Which is accepted in International transactions
6 Who said the history of all hiterto existing society is the history of class struggle,''?
A. Engels
B. Marx
C. Lenin
D. Trotsky
7 Aggregated demand will increases if:
A. Consumption falls
B. investment falls
C. Exports fall
D. Imports falls
8 Who among the following talked of Political decay?
A. Huntington
B. David Apter
C. Organski
D. Lucian Pye
9 The concept of disinvestment was introduced by:
A. Friedman
B. Kaldor
C. Keynes
D. Myrdal
10 What does 'chronology' mean?
A. Something that happened before 1500
B. Any history that is boring
C. In the correct order of time
D. None of these

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