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

Who is the exponent of realist theory?

Question # 2

If you collapse in a restaurant and quit breathing, You better hope that someone eise there known what?

Question # 3

Incommon meaning inflation is a condition in which-

Question # 4

What usually constitutes the main source of a governments income:

Question # 5

What does the term 'Beer' Hall Putsch' refer to?

Question # 6

Marx borrowed Dialectical Method form:

Question # 7

GDP plus net property income from abroad equals what?

Question # 8

What is concurrent writ?

Question # 9

Which of the following is an economic activity?

Question # 10

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

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 Market where goods and services are offered for sale?
A. Factor market
B. product market
C. productivity
D. service
2 According to Marshall, the basis to consumer surplus is:
A. Law of diminishing marginal utility
B. Law of equimarginal utility
C. Law of proportions
D. All of the above
3 Every country establishes central bank to:
A. issue notes
B. Supervise commercial banks
C. Give loans to businessmen
D. Both a and b
4 Who introduced  the concept of 'Permanent Income Hypothesis'?
A. Irving Fisher
B. Adam smith
C. Milton Friedman
D. Franco
5 Cross-price elasticity measures whether:
A. Good are normal or inferior
B. Two goods are substitutes or complements
C. Demand is elastic or inelastic
D. Supply is steeper than demand or vice versa
6 The concept of costing margin in the pricing theory was introduced by?
A. Andrews
B. Baumol
C. Cournot
D. Williamson
7 Land is the only factor of production whose supply is?
A. More Elastic
B. Perfectly Elastic
C. Perfectly Inelastic
D. Unitary Elastic
8 The abbreviation NASA stands for which of the following:
A. National Association safely Association
B. National Aeronautics and Space
C. National Aeronautics and Space Admi9nsitraion
D. North American Space Administration
9 The theory of Natural Rights holds that:
A. Right are a divine creation
B. Right came form pre-civil society
C. Right were granted by the king
D. Right6s are granted by the Constitution
10 The term 'Socialism' was first used by
A. Robert Owen
B. Karl Marx
C. Lenin
D. Bernstein

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