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

Who among the following thinker made the statement that, Covenant without sword are but words and of no strength to secure men at all?

Question # 2

Fire Insurance is based on the principle of

Question # 3

Gross National Product is equal to?

Question # 4

Which does not belong in SPORTS?

Question # 5

What is meant by the the 'The Big four'?

Question # 6

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

Question # 7

The value of money varies:

Question # 8

If the minimum wage is set above the equilibrium wage rate then other things unchanged:

Question # 9

If the price in a market is fixed by the government below equilibrium:

Question # 10

In England, to what did the term 'alderman'


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Terminology Online Test

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General Knowldge Terminology Important MCQ's

Sr.# Question Answer
1 What is the main characteristic of a capialist of free market economy:
A. Individuals are the owners factors of Production
B. Profit is the min motives of carrying out various activities
C. Consumer freedom
D. All of above
2 Total revenues neither increase nor decrease When price changes?
A. unit elastic
B. Marginal utility
C. diminishing marginal utility
D. Traditional economy
3 Max weber's term for lower made legitimate by a leader's exceptional personal or emotional appeal to his or her followers:
A. Causal logic
B. Charismatic authority
C. Cohabitation
D. Closed system
4 What theory explains why deflation may actually lead to an increase in GDP?
A. Solow effect
B. Rational expectations
C. Pigou effect
D. Adaptive expectations
5 The extent to which persons or organizations are better off at the end of a period than they were at the beginning?
A. Profit
B. Inventory
C. Good
D. Fringe benefits
6 What is mixed economy?
A. Has supply but not deman
B. Has demand by not supply
C. Has supply and demand
D. Has market forces and government intervention
7 Fire Insurance is based on the principle of-
A. Utmost Good faith
B. Insurable interest
C. Indemnity
D. Cooperation
8 In the short run films t in perfect competition will still produced provided:
A. The price covers averages variable cost
B. The Price covers variables cost
C. The price covers average fixed cost
D. The price covers fixed costs
9 ESPN stand for:
A. Entertainment sports network
B. entertainment sports programming News Paper
C. Entertainment sports Programming Network
D. None of the above
10 If the minimum wage is set above the equilibrium wage rate then other things unchanged:
A. There will be equilibrium  in the labour market
B. There will excess demand in the labour
C. There will be excess supply in the labour market
D. More people will be employed

Test Questions

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  • SAMRA BATOOL

    SAMRA BATOOL

    26 Sep 2020

    I want see my submitted test

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  • Asadullah

    Asadullah

    08 Mar 2019

    Very tough Questions and very important

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  • Asma Virk

    Asma Virk

    10 Jun 2017

    i want to see my level.

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  • asd

    asd

    15 Mar 2016

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  • HAMEED ULLAH KHAN

    HAMEED ULLAH KHAN

    18 Feb 2016

    good attempt

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