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

The asset demand for money:

Question # 2

Deficit financing increases-

Question # 3

We measure national income by this method

Question # 4

Where is the headquarters of African Development bank?

Question # 5

Who prepared budget of Pakistan?

Question # 6

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

Question # 7

In pure capitalism the role of government is best described as:

Question # 8

If an increase in investment leads to a bigger increase in national income this is called the:

Question # 9

"Never has any one ruled on earth by basing his rule essentially other than the public opinion"Who has made this statement:

Question # 10

The term condition refers to:

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 SSI is an abbreviation for which of the following?
A. Supplement Security Income
B. Standard Supplement Income
C. Social Security investigation 
D. Secret Service Investigation
2 What was meant by the term 'Bluestockings'?
A. A term used to describe 18th century guilt stocks 
B. Senior Knight of he Garter 
C. An unflattering term of describe an educated woman 
D. A term used to describe an expensive 
3 Which government income is included in revenue budget?
A. Tax-revenue
B. Non tax-revenue
C. Both of above
D. None of the above
4 From when did the Euro become a legal tender?
A. 1 December 1999
B. 1 January 2000
C. 1 January 2001
D. 1 January 2002
5 A State without a Constitution would not be a state but a regime of anarchy, This is state by:
A. Aristotle
B. Bryce
C. Jellineck
D. Dicey
6 Demand for Primary products is likely to be:
A. Very sensitive to price
B. Price elastic
C. Unit elastic
D. Income inelastic
7 Menu costs in relation to inflation refer to:
A. Costs of finding better raters of return
B. Cost of altering price lists
C. Costs of money increasing its value
D. Costs of revaluing the currency
8 Which of the following is a flight control system?
A. Flying wing
B. Fly-by-wire
C. Flight box shunt 
D. Inrush neutral inflight impulse
9 A currency swap refer to-
A. A spot sale of currency combined with a forward repurchase of the same currency-as part of single transaction
B. A forward sale of currency combined with a forward repurchase of the same currency - as part of a single transaction
C. A forward sale of currency combined with a forward repurchase of the same currency in two different transactions
D. All of the above
10 The word 'Polis' relates to:
A. Police
B. Civil Administration
C. City State
D. Public opinion

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