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 meant by the term meritocracy:

Question # 2

Where is the headquarters of Caribbean Development bank?

Question # 3

In the sports a team member that has played extremely well might receive____award:

Question # 4

The term dollar is not a part of the name of the currency in which of the following countries?

Question # 5

Gesang is German for what?

Question # 6

ICMB stands for:

Question # 7

If the cross price elasticity of demand between two goods X and Y is positive it means that goods are:

Question # 8

When did World Trade Organization replace GATT?

Question # 9

Who has defined social selection saying social selection as a process of creating condition for survival?

Question # 10

What is the single most important factor that makes the markets works?

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 Which one of he following ideologies considers political party as a vanguard of the social class?
A. Idealism
B. Individualism
C. Fabianism
D. Marxism
2 The concept of costing margin in the pricing theory was introduced by?
A. Andrews
B. Baumol
C. Cournot
D. Williamson
3 The communist manifesto was first published in which language?
A. English
B. French
C. German
D. Russian
4 What is the full form of the STD?
A. Straight Telephone Dialing
B. Straight Trunk Dialing
C. Subscribers Talk Dialing
D. Subscribers Trunk Dialing
5 Which one of the following is not an element of Democratic Socialism?
A. Welfare state
B. Mixed economy
C. Social justice
D. Revolutionary change
6 The govt can control inflation by
A. Increasing demand for goods
B. Increasing supply of goods
C. Increasing money supply
D. Decreasing taxes
7 Fiscal deficit in the budget means:
A. Revenue deficit plus the net borrowings of the government
B. Budgetary deficit plus the net borrowings of the government
C. Capital deficit plus revenue deficit
D. Primary deficit minus capital deficit
8 Land is the only factor of production whose supply is?
A. More Elastic
B. Perfectly Elastic
C. Perfectly Inelastic
D. Unitary Elastic
9 Under new GATT agreements textile trade related to Multi- Fiber Arrangement (MFA) has to be abolished within?
A. 5 Years
B. 10 Years
C. 15 Years
D. 20 Years
10 ADC is an abbreviation used in the social work field and court system. what  does tit stand for?
A. aid to deceased children's families
B. aid to dependent children
C. aid to dependent children
D. aid to developing crisis plans

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