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

What does SOP stand for:

Question # 2

According to the utility model of consumer demand the law of diminishing marginal utility indicates that the demand curve is:

Question # 3

Passive factor of production is:

Question # 4

If we compare GDP and GNP, then

Question # 5

An Enquiry into the Nature and Causes of Wealth of Nations is the book of economics written by:

Question # 6

SSI is an abbreviation for which of the following?

Question # 7

Maastricht Treaty is related to:

Question # 8

The extent to which persons or organizations are better off at the end of a period than they were at the beginning?

Question # 9

Profit is measured by:

Question # 10

Which of the following is not a feature of Unitary System of the Government?

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 The BEU is an economic union,What does it stand for:
A. Belgian Economic Union
B. British Economic Union
C. Benelux Economic Union
D. Bombay Economic Union
2 TWA stand for:
A. Trans world Authority
B. Trans word Airport
C. Trans world airlines
D. None of the above
3 Hobbes gives individual the right to disobey the sovereign for?
A. Self Preservation
B. Protection of Freedom
C. Removing injustice
D. Removing injustice
4 Which of the following country has left the membership of OPEC?
A. Indonesia
B. Iraq
C. U.A.E
D. Angola
5 Where is the European central bank Located:
A. Luxembourg
B. Basel
C. Frankfurt
D. London
6 World trade has been increasing due to:
A. Increased tariffs
B. Increased legal barriers 
C. Increased embargoes
D. Reduced protectionism
7 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
8 What is the technical name for conventional genre of poetry that usually celebrates the simplicity of rural life:
A. Pastoral
B. Epic
C. Elegy
D. Ode
9 The measure of the degree of association between the values of two random variables is called?
A. Correlation
B. Association
C. Regression
D. Co-variance
10 What does the term 'The Golden Horde' Refer to?
A. Part of the Mongol Empire 
B. An area in Mexico once ruled by the Aztecs 
C. An area in Mexico once ruled by the Aztecs 
D. Napoleon's conquest of Egypt 

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