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

A constitutional government stands for:

Question # 2

A movement along the demand curve may be caused by

Question # 3

The driving force that encourages people and organizations to improve their material well being is called:

Question # 4

Which term is used for economies work best without of rules and regulations form the government''?

Question # 5

GRE Stand for:

Question # 6

This is known as the uncertainty or anxiety the reader feels about what will happen next in a story.

Question # 7

When the stock market is rising is called

Question # 8

Under new GATT agreements textile trade related to Multi- Fiber Arrangement (MFA) has to be abolished within?

Question # 9

What does stesso mean?

Question # 10

Over time the price of primary products tends to fall because:


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Terminology Online Test

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 Which one of the following is not a method of peaceful settlement of disputes?
A. Limited arms conflict
B. Negotiations
C. Arbitration
D. Mediation
2 What is necessary to control cost push inflation?
A. To impose control on wages of labour
B. To remove market imperfections
C. Both of the above
D. None of the above
3 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
4 What does  'the Civic List' man and refer to in the UK? 
A. Money paid by the taxpayer for the upkeep of civil rights groups 
B. Money paid by the taxpayer for the upkeep of the unemployed 
C. Money paid by the taxpayer for the upkeep of the Royal family 
D. Money paid by the taxpayer to servicemen recently discharged form the armed forces 
5 An increase in national income is likely to:
A. Decrease tax receipts
B. Worsen the balance of trade
C. Automatically cause an increase in government spending
D. Cause an increase in injections into the economy
6 When the money market is in equilibrium:
A. The quantity of money demanded equals the quantity of money supplied
B. The interest rate is neither increasing nor decreasing
C. bond prices are stable
D. All of the above hold true
7 Deficit financing increases-
A. Rate of money inflation
B. Rate of money deflation
C. Rate of devaluation
D. All of the above
8 Land is the only factor of production whose supply is?
A. More Elastic
B. Perfectly Elastic
C. Perfectly Inelastic
D. Unitary Elastic
9 Which of the following is not a way of helping developing economies?
A. Aid
B. Loans
C. Protectionism of developed markets
D. Training and education programmes
10 Where could you most likely have seen the letters TWA?
A. Army base
B. Church
C. Airport
D. Gift store

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