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

A rise in the general level of prices is called

Question # 2

When internal economics of scale occur:

Question # 3

Deficit financing increases-

Question # 4

When was Asian Development bank established?

Question # 5

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

Question # 6

POTA stand for:

Question # 7

Contribution of agriculture in Pakistan's national income is

Question # 8

What is the full form of the RADAR?

Question # 9

Pass through effect in international trade theory refers to:

Question # 10

If the minimum wage is set above the equilibrium wage rate then other things unchanged:

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 A constitutionally recognized body is-
A. Planning Commission
B. Finance commission
C. Forward Commission
D. Farmers Commission
2 Ultimate burden of tax is known as
A. Impact
B. Incidence
C. shifting of tax
D. Property tax
3 Who determines price under perfect competition?
A. Representative firm
B. Industry
C. Normal firm
D. Government
4 Who wrote 'The general Theory of Employment,interest and money''?
A. Woodrow wilson
B. David Hume
C. Paul Samuelson
D. John Maynard Keynes
5 IACHR is a court for human rights of the given options Which is the correct full form?
A. International American Court for Human Rights
B. International Asian court for Human rights
C. International African Court for Human
D. Inter-Asian Court for Human Rights
6 If the price elasticity of demand is unit then a fall in price:
A. Reduces revenue
B. Leaves revenue unchanged
C. Increases revenue
D. Reduces costs
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 The prices elasticity of demand coefficient indicates:
A. Buyer responsiveness to price changes
B. The extent to which a demand curve shifts as incomes changes
C. The slope of he demand curve
D. How far business executive can stretch their fixed costs
9 Which organization has been founded to act as permanent watchdog on the international trade:
A. ISRD
B. ADS
C. WTO
D. DIMF
10 This is known as the uncertainty or anxiety the reader feels about what will happen next in a story.
A. Suspense
B. Theme
C. Symbol
D. Motivation

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