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

Which of the following is not a supply side measure?

Question # 2

What is concurrent writ?

Question # 3

In which of the following industry structures is the entry of new firms the most difficult?

Question # 4

When total utility becomes maximum then marginal utility will be:

Question # 5

According to Marshall, the basis to consumer surplus is:

Question # 6

The Phrase ''citizen diplomacy'' was first coined by:

Question # 7

who among the following is associated with the Iron Law of Oligarchy?

Question # 8

Who determines price under perfect competition?

Question # 9

Say's law of Markets states that:

Question # 10

Who is a Lame Duck in a stock market?

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 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
2 According to Keynes, real inflation takes place-
A. Before the level of full employment
B. On the level of full employment
C. After the level of full employment
D. All above are true
3 According to the law of diminishing utility:
A. Utility is a maximum whit the first unit
B. Increase units of consumption increase the marginal utility
C. Marginal product will fall as more units are consumed
D. Total utility will rise at a falling rate as more units are consumed
4 Which UN organization is called is the World Bank?
A. International Banks for Reconstruction and Development (IBRD)
B. International Banking system
C. International Banking Management system
D. All the Above
5 When you consume more and more of a commodity continuously, your total satisfaction level will?
A. Decrease
B. Fluctuate
C. Remain
D. Increase
6 Sometimes a physiclan orders a BMP ft measure the basic electrolyte levels in your blood,l What does the acronym BMP stand for?
A. Basic Medication panel
B. Basic metabolic Panel
C. Bone measuring panel
D. Blood Measuring panel
7 According to the utility model of consumer demand the law of diminishing marginal utility indicates that the demand curve is:
A. Downward sloping
B. U-shaped
C. Upward sloping
D. Vertical
8 What is meant by the the 'The Big four'?
A. The Powers contesting global dominance in the sixtes 
B. Representatives of the main victorious Powers at the paris peace conference after WW1
C. The powers at the Yalta conference of WW2
D. The Powers involved during the American Revolutionary War 
9 Adam Smith's The Wealth of nations was published in:
A. 1772
B. 1773
C. 1774
D. 1776
10 A constitutionally recognized body is-
A. Planning Commission
B. Finance commission
C. Forward Commission
D. Farmers Commission

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