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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  • Total Questions10

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Terminology MCQ's Test

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Question # 1

Which of the following would increase aggregate demand?

Question # 2

The liquidity trap occurs when the demand for money:

Question # 3

Net investment is

Question # 4

Which one of the following is not a method of peaceful settlement of disputes?

Question # 5

The concept of premium applies to a person that is:

Question # 6

Who among the following tried to establish co-r3lation between party system and electoral system:

Question # 7

Market value of all final goods and services produced in a country during a year is definition of

Question # 8

The process of budget making after re-evaluating every item expenditure in every financial year is known as:

Question # 9

When the rate of money inflation increase then the prices of commodities?

Question # 10

Menu costs in relation to inflation refer to:


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Terminology Online Test

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 A reduction in the money supply is likely to:
A. Reduce the interest rate
B. Increase the interest rate
C. Increase inflation
D. Decrease deflation
2 The sudden and violent overthrow of a government almost invariably by military is termed as:
A. Revolution
B. Political change
C. Coup d' etat
D. none of these
3 What is the Essence of Control?
A. To take decision
B. To take corrective action
C. To make enquiry
D. To motivate
4 An increase in aggregate demand will have most effect on prices if:
A. Aggregate supply is price inelastic
B. Aggregate supply is price elastic
C. Aggregate supply has unitary price elasticity
D. Aggregate demand is price inelastic
5 What is the full form of the LASER?
A. Leg Amputation by Stimulated Emission of Radiation
B. Light Amputation by Systematic Emission of Radiation
C. Light Amplification by stimulated Emission of Radiation
D. Light Amputation by Stimulated Exit of Radiation
6 Which government income is included in revenue budget?
A. Tax-revenue
B. Non tax-revenue
C. Both of above
D. None of the above
7 What is Tariffs?
A. Decrease the domestic prices of a product
B. Increase the quantity of imports
C. Decrease domestic production
D. Increase government earnings form tax
8 What is Blue chips shares?
A. Those shares which are listed in stock Exchange
B. Those shares on whom dividend is paid at higher rate regularly
C. Those share whose guarantee is given by Government
D. Those shares which are issued at first time
9 To anticipate what the economy is going to do next the government will look at:
A. Lagging indicators
B. Flashing indicators
C. Coincidental indicators
D. Leading indicators
10 Which is the main reason of demand pull inflation?
A. Increase in money supply
B. Increase in commercial expenditure
C. Increase in foreign demand for goods
D. All of the above

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