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

Black money is:

Question # 2

ADC is an abbreviation used in the social work field and court system. what  does tit stand for?

Question # 3

Who among the following is the exponent of Game theory?

Question # 4

According to the law of demand,when:

Question # 5

What is full form of the OAU?

Question # 6

When the economic activity in an economy is on the decline, then it is called a:

Question # 7

Who among he following gave the concept of 'mass' mind?

Question # 8

The asset demand for money:

Question # 9

Which of the following established as the Breton Woods Conference in 1944?

Question # 10

The best adjustment of liberty and equality can be achieved in a regime of:


Topic Test

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Terminology Online Test

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 In common meaning inflation is a condition in which__
A. Price of commodity increases
B. Value of money decreases
C. Price of Commodity and value of both increases
D. Price of commodity increases and value of money decreases
2 In the sports a team member that has played extremely well might receive____award:
A. VIP
B. WIA
C. TBP
D. MVP
3 Which of the following is not a macroeconomic issue?
A. Unemployment
B. Inflation
C. The wages paid to footballers
D. Economic growth
4 The process of budget making after re-evaluating every item expenditure in every financial year is known as:
A. Performance Budgeting:
B. Deficit Budgeting
C. Zero Based Budgeting
D. Fresh Budgeting
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 Depletion method of depreciation is used in case of:
A. Cattle, Loose Tools, etc
B. Mines, Quarries, etc
C. Machinery, Building, etc
D. Books
7 A multinational business:
A. Sells products abroad
B. Produces in more than one country
C. Imports form abroad
D. Sells only domestically
8 A State without a Constitution would not be a state but a regime of anarchy, This is state by:
A. Aristotle
B. Bryce
C. Jellineck
D. Dicey
9 Pure monopoly means:
A. Any market in which the demand curve to the firm is down sloping
B. A standardized product being produced by many firms
C. A single firm producing a product for which there are no close substitutes
D. A large number of firms producing a differentiated product
10 What is inflation?
A. Reduces the cost of living
B. Reduces the standard of living
C. Reduces the price of Products
D. Reduces the purchasing power of a pound

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