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

Fire Insurance is based on the principle of-

Question # 2

What does the term 'Beer Hall Putsch' refer to?

Question # 3

Which theory is generally included under micro economics?

Question # 4

For a perfectly competitive firm:

Question # 5

A fall in interest rates is likely to:

Question # 6

What is "Dumping"?

Question # 7

What of the following is false about W.T.O?

Question # 8

What does the FBI stand for?

Question # 9

In England, to what did the term 'alderman'

Question # 10

The abbreviation NASA stands for which of the following:

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 We measure national income by this method
A. Expenditure method
B. Income method
C. Produnt method
D. All of the above
2 Which of the following best expresses the law of demand:
A. A high price reduces demand
B. A lower price reduces demand
C. A higher prices reduces quantity demanded
D. A lower prices shifts the demand curve to the right
3 The Keynesian theory of employment provides the solution of?
A. Frictional unemployment
B. Disguised unemployment
C. Cyclical unemployment
D. Seasonal unemployment
4 Process of economic development means:
A. Economic change
B. Social change
C. Ethical, institutional and cultural change
D. All of these
5 FSBS means:
A. Finger stick body sugar
B. Final stick blood sugar 
C. Finger strict Blood sugar
D. Finger stick blood sugar
6 If a few firms dominate an industry the market is known as:
A. Monopolistic competition
B. Competitively monopolistic
C. Duopoly
D. Oligopoly
7 Under normal circumstances, when the price of a commodity falls. the quantity demanded will:
A. Decrease
B. Increase
C. Remain unchanged
D. Nobody knows
8 Who among the following tried to establish co-r3lation between party system and electoral system:
A. H,J,Laski
B. M,Duverger
C. H,M Finer
D. Lord Bryce
9 Incommon meaning inflation is a condition in which-
A. Price of commodity increases
B. Value of money decreases
C. Price of commodity and value of money both increases
D. Price of commodity increases and value of money decreases
10 The nature of statistical inference is?
A. Inductive
B. Deductive
C. Descriptive
D. Objective

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