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

How many stock exchanges are in Pakistan?

Question # 3

The restriction of mate selection to people within the same group is called?

Question # 4

The reserves of a commercial bank consist of:

Question # 5

Which government income is included in revenue budget?

Question # 6

What does LAPES stand for?

Question # 7

Who gave the ''theory of comparative advantage''?

Question # 8

What is Blue chips shares?

Question # 9

Which one of the following is not a method of peaceful settlement of disputes?

Question # 10

Who among the following opines that public service and not sovereignty is the essential characteristic of he State?

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 In monopoly when abnormal profits are made:
A. The price set is greater than the marginal cost
B. The price is less than the average cost
C. The average revenue equals the marginal cost
D. Revenue equals total cost
2 In traditional economic theory four types of markets are identified. Which of the following is not one of them?
A. Capital Control Market
B. Monopoly
C. Monopolistic Competition
D. Oligopoly
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 In a less Developed Country:
A. The Infrastructure is likely to be good
B. Real wages are likely to be high
C. Unemployment is likely to be low
D. The primary sector is likely to be significant
5 Blue Revolution is related to:
A. Space research
B. Poultry
C. Fisheries
D. Drinking water
6 Which of the following concepts is not an explanation to why the aggregate demand curve is downward sloping?
A. Wealth Effect
B. Exchange Rate Effect
C. Interest Rate Effect
D. Production
7 VPP stands for:
A. Value Payable post
B. Vary Payable post
C. Value payable please
D. Value please post
8 Colin Evans recognized to be the world's leading trade diplomat is related with which kind of Diplomacy?
A. Track I diplomacy
B. Track II diplomacy
C. Shuttle diplomacy
D. Freelance Diplomacy
9 What do the Initials IFAD stand for?
A. International fund stand Air plane Development
B. India food approval department
C. International food approval department
D. International fun for Agricultural Development
10 Which is the largest import Pakistan?
A. Food
B. Petroleum
C. Fertilizer
D. Medicine

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