economics Mcqs
1. the national economy2. profit maximizing under perfect competition and monopoly3. application of economics4. the aggregate demand aggregate supply model5. surplus6. money interest rates and output7. average and total cost8. stabilization adjustment reform and privatization9. risks and diversification efficient market hypothesis10. the phillips curve11. supply and demand12. capital formation investment choice information technology and technical progress13. aggregate supply unemployment and inflation14. elasticity15. comparative gdp16. roots of modern macroeconomics17. production factors18. poverty malnutrition and income inequality19. trade regulations and industrial policies20. monetary union21. exchange rate systems and currency crises22. economic development in historical perspective23. exchange rate determination24. monopoly competition25. the balance of payments26. inflation productivity27. macroeconomic issues and analysis28. employment migration and urbanization29. macroeconomic policy tools30. supply side policies31. exchange rate adjustments and the balance of32. miscellaneous33. taxation34. trade policies for the developing nations35. markets efficiency and the public interest36. the external debt and financial crises37. budget deficits and the trade balance38. alternative theories of the firm39. public goods40. the meaning and measurement of economic development41. characteristics and institutions of developing countries42. agriculture irrigation system of pakistan43. education health and human capital44. economic problems of developing countries45. theories of economic development46. basic of economics47. consumer theory vs real consumers48. applied microeconomics49. long term economic growth50. externality internality51. fiscal and monetary policy52. prices wages taxes53. balance of payments aid and foreign investment54. international factor movements and multinational corporations55. entrepreneurship organization and innovation56. the international economy and globalization57. population and development58. non tariff trade barriers59. foundations of modern trade theory60. global economic development61. market62. rural poverty and agricultural transformation63. regional trading arrangements64. foreign exchange65. introduction to economics66. world economy miscellaneous67. sources of comparative advantage68. natural resources and the environment toward sustainable development69. monopoly70. asymmetric information71. income inequality72. labour market73. tariffs74. development planning and policy making the state and the market75. oligopoly76. industrial development77. costs supply and perfect competition78. human capital79. monetary fiscal and incomes policy and inflation80. stocks
7251. What yield of cotton crop is recorded in Pakistan ?
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A. 621 kgs/hec

B. 641 kgs/hec

C. 570 kgs/hec

D. 645 kgs/hec

7252. Pakistan is the _____largest tobacco Producer country in the world?
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A. Seventh

B. Fifth

C. Sixth

D. Eight
7253. Which Province of Pakistan is the largest wheat producing province ?
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A. Sindh

B. Punjab

C. Baluchistan

D. K.P.K

7254. Which province of Pakistan is the largest bajra producing province ?
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A. Sindh

B. Punjab

C. K.P.K

D. Baluchistan

7255. Kharif crop includes ?
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A. All of them

B. Bajra and Jawar

C. Rice & sugarcane

D. Cotton and maize

7256. Which is the second largest staple food crop in Pakistan ?
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A. rice

B. Wheat

C. Wheat & flour

D. flour

7257. Kinds of forest in Pakistan are coniferous forest, irrigated plantation riverain forests and ?
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A. All of these

B. Scrub forests

C. private plantations

D. Mangrove forest

7258. Arid Zone Research Centre, of PARC is situated at ?
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A. Faisalabad

B. Quetta

C. Lahore

D. Islamabad

7259. What is the total landmass of the country ?
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A. 78.98 million hectares

B. 89.98 million hectares

C. 87.98 million hectares

D. 98.87 million hectares

7260. How many persons in rural areas are engaged in livestock raising ?
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A. 20-30 million

B. 25-30 million

C. 30-35 million

D. 35-40 million

7261. Rasul headworks was constructed on the river ?
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A. Chenab

B. Jhelum

C. Sutlej

D. Indus

7262. One third of the nations energy need is fulfilled by ?
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A. forest sector

B. gas

C. oil

D. LPG

7263. Which province of Pakistan is the largest cotton producing province ?
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A. Baluchistan

B. Punjab

C. K.P.K

D. Sindh

7264. Total population of livestock in Pakistan is ?
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A. 120.5 million

B. 120 million

C. 130.5 million

D. 122.6 million
7265. In 2010-11 the yield of rice in Pakistan was ?
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A. 2030 kgs/hec

B. 2040 kgs/hec

C. 2035 kgs/hec

D. 1836 kgs/hec
7266. What is the total length of Seven canals built under Indus Water Treaty ?
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A. 910 KM

B. 650 KM

C. 621 KM

D. 615 KM

7267. Which one of the following is the main cash crop of Pakistan ?
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A. None of them

B. wheat

C. cotton

D. rice

7268. Nimbokil-60EC is formulated for the control of ?
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A. herbs

B. agricultural insect pest

C. household pests

D. pest

7269. The share of sugarcane crop in value added in agriculture is 6.3 percent What is the share in GDP ?
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A. 4%

B. 5.10%

C. 6%

D. 1.5%
7270. Pakistan is the ____largest milk producer country in the world?
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A. ht

B. Fifth

C. Fourth

D. Sixth

7271. The total land area of Baluchistan is 34.7 mha (or 85.74 million acres), out of which only ____ are cultivated?
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A. 34 % or 7.4 mha

B. 54 % or 11.4 mha

C. 14 % or 3.4 mha

D. 24 % or 5.4 mha

7272. Cotton accounts for 11.5 percent of value added in agriculture. How much it accounts in GDP ?
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A. 2.7%

B. 20%

C. 3.50%

D. 4%

7273. Pakistan is the ___________ largest Cotton Producer country in the world?
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A. Fourth

B. Eight

C. Sixth

D. Fifth

7274. Which are Pakistan major seasons for agriculture crop ?
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A. Kharif & Barani

B. Kharif & rabi

C. barani & rabi

D. Kharif , Rabi

7275. Which province of Pakistan is the largest tobacco producing province ?
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A. Baluchistan

B. Sindh

C. Punjab

D. K.P.K

7276. Which one is the single largest component of agriculture sector in the country ?
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A. poultry

B. fisheries

C. livestock

D. forestry

7277. What is the contribution of forest sector in GDP ?
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A. 0.1%

B. 1.1

C. 2.1

D. 3.1

7278. The period of Rabi season is ?
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A. October-June

B. May-Aug

C. October-May

D. January-May

7279. Which one of the following is the largest sector of Pakistans economy ?
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A. Agriculture

B. Industry

C. Banking

D. Manufacturing

7280. Which of the following is True about HIV/AIDS ?
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A. Women comprised 58 percent of HIV-positive adults in the Sub-Sahara

B. AIDs infection rates in Africa are highest among urban high

C. - in 2001 40 million people with HIV/AIDS lived in sub-Saharan Africa

D. Since 1981 120 million people have died of AIDS

7281. Which of the following is NOT true about child mortality ?
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A. World-wide child mortality rates increased from 1990 to 2002

B. About 18 percent of the worlds deaths are among children less than five years old

C. More than 98 percent of child deaths were in LDCs

D. 19 of the 20 countries with the highest child mortality were in Africa

7282. The emigration of highly-skilled people from the developing countries is known as ?
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A. productivity

B. human capital deterioration

C. labor degradation

D. The brain drain
7283. In a competitive economy, a worker earns an income equivalent to ?
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A. The substitutability of labor to capital

B. Marginal Product

C. The amount of brain drain

D. Marginal utility

7284. Gunnar Myrdal argues that a major barrier to high labor productivity is ?
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A. upper-and middle-class westerners

B. a class system in which the elite are contemptuous of manual work

C. The lack of bargaining power y cheap labor

D. due to a lack of education

7285. Which of the following is not true ?
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A. Development generally improves the health system while better health increases productivity social cohesion, and economic welfare

B. Life expectancy is probably the best single indicator of national health levels

C. There are growing inequalities in investment in health worldwide

D. Life expectancy in Africa increased steadily from 1994 to 2003 due to better health care
7286. Of the 57 million people dying worldwide in 2002, _____ were from stroke and heart disease and ________ from cancer disproportionately from DCs?
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A. 7 million, 0.7 million

B. 17 million, 7 million

C. 3 million, 1 million

D. 0.5 million, 5 million

7287. By 2010 the U.S Census Bureau expects life expectancy in the tow southern African countries of Botswana and South Africa to be ?
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A. 70 years, an increase from 1995

B. 50 to 60 years, about the same as in 1995

C. 30 to 40 years, about the same as in 1995

D. 30 to 40 years, a fall of more than 10 years from 1995
7288. Simon S.Kuznets argues that the major stock of an economically advanced country is not its physical capital but ?
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A. quantity of labor

B. natural resources

C. body of knowledge

D. land

7289. In 2000, the Economist estimated that only _________ of some 360 million internet users were in Africa ?
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A. million

B. 3 million

C. 10 million

D. 60 million

7290. The disease burden could be measured by calculating _________ combining years lost through premature death and from living with disability?
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A. mortality-adjusted lifelong

B. life mortality-fertility ratio

C. premature living age

D. disability-adjusted life years
7291. Which of the following is Not True about education in LDCs ?
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A. Boys are sent to schools far more often than girls

B. Economists unanimously agree that LDCs should put greater priority on primary education

C. Public expenditure per student for higher education is about ten times as high as for primary education

D. The expansion of primary education redistributes benefits from the rich to the poor

7292. Labor productivity is higher in DCs such as Japan and Germany than LDCs due to ?
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A. high formal education and training

B. better health and physical condition of the labor force

C. Both a and b are correct

D. None of the above is correct

7293. The marginal product model assumes that ?
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A. education persons migrate more

B. capital and unskilled labor are complements

C. individuals pay the full cost of their education

D. government subsidizes schooling

7294. Which of the following is NOT one of the problems facing most developing nations ?
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A. Food shortages

B. Foreign debt

C. Rapid population growth

D. Labor shortages
7295. The main reason why land reform increase agricultural output is that is ?
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A. makes farmers owners of the land instead of tenants and owners farmers are more productive than tenant farmers

B. allows the farmers to set the prices for their agricultural products

C. encourages mechanization

D. enables farmers to escape the problem of diminishing return

7296. 85% of the worlds population lives in developing countries and receives about _____ of the worlds income?
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A. 20%

B. 10%

C. 40%

D. 30%

7297. When economists talk about developing countries experiencing flight of capital they mean?
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A. people investing money abroad rather than in their own country

B. money lent to the country being immediately invested abroad

C. People investing their money in urban business rather than agriculture

D. money moving around financial institutions rather than being invested in production

7298. When economists say that developing countries have a dualistic economy the 2 parts referred to are ?
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A. men and women

B. town and country

C. rich people and poor people

D. modern sector and traditional sector
7299. The idea that suggests that poverty is self-perpetuating because poor nations are unable to save and invest enough to accumulate the capital stock that would help them grow is ?
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A. neo-colonialism

B. the under-consumptionist hypothesis

C. the dependency theory

D. the vicious circle of poverty hypothesis
7300. One of the benefits of putting resources into agricultural projects is that ?
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A. agricultural projects usually have low import requirements

B. agricultural investment will prevent the flight of capital abroad

C. export prices for agricultural products are more stable than those for industrial products

D. Successful agricultural projects produce surplus food to support urban development