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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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Total Questions10
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Time Allowed10
Terminology MCQ's Test
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Question # 1
Land is the only factor of production whose supply is?
Question # 2
The part of economics that deals with behavior and decision making by small units, such as individuals and firms?
Question # 3
Who determines price under perfect competition?
Question # 4
A shift in aggregate supply is likely to:
A shift in aggregate supply is likely to:
Question # 5
A simple correlation can defined as the tendency of?
Question # 6
Economic development is measured on the basis of
Question # 7
NTC is the abbreviation of which organization;
NTC is the abbreviation of which organization;
Question # 8
Who among the following formuated the most system doctrine of sovereignty?
Question # 9
We measure national income by this method
Question # 10
Sometimes a physiclan orders a BMP ft measure the basic electrolyte levels in your blood,l What does the acronym BMP stand for?
Sometimes a physiclan orders a BMP ft measure the basic electrolyte levels in your blood,l What does the acronym BMP stand for?
Terminology Online Test
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General Knowldge Terminology Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | When a firm is maximizing profit it will necessarily be: |
A. Maximizing profit per unit of ouput
B. Maximizing the difference between total revenue and total cost
C. Minimizing total cost
D. Maximizing total revenue
|
| 2 |
When an economy first begins to grow more slowly: |
A. GDP increases
B. Inflation is like to increase
C. Stock levels are likely to increase
D. Investment in equipment is likely to increase
|
| 3 |
'Closed Economy' is that economy in which: |
A. Only export takes place
B. Money supply is fully controlled
C. Deficit financing takes place
D. Neither export nor import takes place
|
| 4 |
According to Marshall, the basis to consumer surplus is: |
A. Law of diminishing marginal utility
B. Law of equimarginal utility
C. Law of proportions
D. All of the above
|
| 5 | Where is the headquarters of Caribbean Development bank? |
A. Barbados
B. Guyana
C. Trinidad
D. Tobago
|
| 6 | Who is a Lame Duck in a stock market? |
A. A Naive investor
B. A new investor
C. A member of the stock exchange who cannot meet his obligations:
D. A member of the stock exchange who is engaged in insider trading
|
| 7 |
Which of these is an example of hindsight? |
A. Reading about the outbreak of WWII and then saying Europe should have stood up to Hitler at the Munich Conference
B. Thinking you have an important history exam but as there is no future in history you don't bother revising
C. Planning your day extremely carefully thinking about the potential outcome of each and every event
D. None of these
|
| 8 |
If an economy is productively efficient: |
A. Everyone is wealthy
B. Resource are unemployed
C. More of one product can only be produced if less of another product is produced
D. The distribution of income is equal
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| 9 |
who among the following is associated with the Iron Law of Oligarchy? |
A. Michels
B. Mosca
C. Mills
D. Laski
|
| 10 |
A written promise to reply the amount borrowed at a later date? |
A. Bond
B. Bankruptcy
C. Principal
D. interest
|
Test Questions
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SAMRA BATOOL
26 Sep 2020I want see my submitted test
Asadullah
08 Mar 2019Very tough Questions and very important
Asma Virk
10 Jun 2017i want to see my level.
asd
15 Mar 2016sfsdfsdfsdfgsdgfsdfgs
HAMEED ULLAH KHAN
18 Feb 2016good attempt