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

Hedging and speculation in forx markets-

Question # 2

Gross National Income is always more than net national income because it includes:

Question # 3

What does the Latin word 'chronos' mean?

Question # 4

If the price in a market is fixed by the government below equilibrium:

Question # 5

If interest payment is deducted from the fiscal deficit,then the balance is-

Question # 6

"Economics is what economics do" it has been supported by:

Question # 7

The first stock exchange in Pakistan was established in

Question # 8

What is a Cadenza?

Question # 9

Menu costs in relation to inflation refer to:

Question # 10

What is a hard currency?

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 Feeling of loyalty and attachment to one's nation or nation-state and strong support for tits interests is known as:
A. Loyalty
B. Nationalism
C. Patriotism
D. none of these
2 Which term means the same distance form something?
A. Equilateral
B. Proportional
C. Equianglular
D. Equidistant
3 Which term is used for economies work best without of rules and regulations form the government''?
A. Leissez-faire
B. subsidies
C. Interdependence
D. None of theses
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 The requirement that people select mates outside certain groups:
A. Exogamy
B. Ethnography
C. Endogamy
D. Incest taboo
6 Which of the following is not an indirect tax?
A. Land revenue
B. Customs duties
C. Entertainment tax
D. Sales tax
7 Total revenues neither increase nor decrease When price changes?
A. unit elastic
B. Marginal utility
C. diminishing marginal utility
D. Traditional economy
8 When was Asian Development bank established?
A. 1966
B. 1967
C. 1968
D. 1965
9 The Keynesian theory of employment provides the solution of?
A. Frictional unemployment
B. Disguised unemployment
C. Cyclical unemployment
D. Seasonal unemployment
10 Finding a partner to works with abroad is called a:
A. Takeover
B. Merger
C. Acquisition 
D. Joint venture

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