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

Karl Marx's used which  term for the capitalist class, comprising the owners of the means of production:

Question # 2

Government of Pakistan issued currency on the basis of:

Question # 3

Which of the following cannot be accepted factor of production?

Question # 4

The measure of the degree of association between the values of two random variables is called?

Question # 5

Who said ''Socialism in lime a hat that has lost its shape because everybody wears it.?

Question # 6

Which of the following is not an item of transfer payment?

Question # 7

Who theory advocates only night watchman role of the state?

Question # 8

When the stock market is rising is called

Question # 9

What is the full form of he NIPA?

Question # 10

Who issue 10-rupee note?

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 Who among the following thinker made the statement that, Covenant without sword are but words and of no strength to secure men at all?
A. Pufendorf
B. Hobbes
C. Locke
D. Rousseau
2 When you consume more and more of a commodity continuously, your total satisfaction level will?
A. Decrease
B. Fluctuate
C. Remain
D. Increase
3 The term Cowboy diplomacy was first used in 1902 by:
A. Jackie Lawlor
B. Edmund Gullion
C. James Cable
D. David Hoffman
4 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
5 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
6 The charge in quantity demanded because of the change in the relative price of the product?
A. Change in quantity demanded
B. Change in demand
C. Law of demad
D. Substitution effect
7 Share premium account can be used for-
A. Paying tax liability
B. Meeting the cost of issue of shares or debentures
C. Paying Dividend on shares
D. Meeting the loss on sale of old asset
8 What does the term''contingency workforce'' mean?
A. Employees who work on whatever tasks are most essential at that moment
B. Employees who are expected to travel a great deal for their employers 
C. Temporary employees who are hired for only as long as they needed
D. None of these
9 Process of economic development means:
A. Economic change
B. Social change
C. Ethical, institutional and cultural change
D. All of these
10 In the world population-wise Pakistan is
A. 3rd
B. 4th
C. 6th
D. 8th

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