economics MCQs – Page 15

Practise multiple-choice questions from economics for competitive examinations and subject revision. Review each marked answer and report any item that may be outdated or unclear.

economics Mcqs

1. the national economy 2. profit maximizing under perfect competition and monopoly 3. application of economics 4. the aggregate demand aggregate supply model 5. surplus 6. money interest rates and output 7. average and total cost 8. stabilization adjustment reform and privatization 9. risks and diversification efficient market hypothesis 10. the phillips curve 11. supply and demand 12. capital formation investment choice information technology and technical progress 13. aggregate supply unemployment and inflation 14. elasticity 15. comparative gdp 16. roots of modern macroeconomics 17. production factors 18. poverty malnutrition and income inequality 19. trade regulations and industrial policies 20. monetary union 21. exchange rate systems and currency crises 22. economic development in historical perspective 23. exchange rate determination 24. monopoly competition 25. the balance of payments 26. inflation productivity 27. macroeconomic issues and analysis 28. employment migration and urbanization 29. macroeconomic policy tools 30. supply side policies 31. exchange rate adjustments and the balance of 32. miscellaneous 33. taxation 34. trade policies for the developing nations 35. markets efficiency and the public interest 36. the external debt and financial crises 37. budget deficits and the trade balance 38. alternative theories of the firm 39. public goods 40. the meaning and measurement of economic development 41. characteristics and institutions of developing countries 42. agriculture irrigation system of pakistan 43. education health and human capital 44. economic problems of developing countries 45. theories of economic development 46. basic of economics 47. consumer theory vs real consumers 48. applied microeconomics 49. long term economic growth 50. externality internality 51. fiscal and monetary policy 52. prices wages taxes 53. balance of payments aid and foreign investment 54. international factor movements and multinational corporations 55. entrepreneurship organization and innovation 56. the international economy and globalization 57. population and development 58. non tariff trade barriers 59. foundations of modern trade theory 60. global economic development 61. market 62. rural poverty and agricultural transformation 63. regional trading arrangements 64. foreign exchange 65. introduction to economics 66. world economy miscellaneous 67. sources of comparative advantage 68. natural resources and the environment toward sustainable development 69. monopoly 70. asymmetric information 71. income inequality 72. labour market 73. tariffs 74. development planning and policy making the state and the market 75. oligopoly 76. industrial development 77. costs supply and perfect competition 78. human capital 79. monetary fiscal and incomes policy and inflation 80. stocks

281. How is termed the group which consists of Singapore, Hong kong, Taiwan, and south Korea ?
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A. Little Tigers

B. Four Dragons

C. All of these

D. Four Tigers

282. The French term Bourse refers to_________________?
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A. A big company

B. Stock market

C. A multinational company

D. Joint-stock

283. Mention an agreement in which one party sells a security to another party and agrees to repurchase it on a specified date for a specified price ?
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A. Redemption

B. Repurchase arrangements

C. Guarantee

D. Repo

284. A companys first sale of stock to the public is called ?
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A. Initial Public Offering (IPO)

B. Going Public

C. Public Offering

D. First Public Offering

285. The term technology refers to______________?
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A. All of these

B. Application of modern science in the country

C. Application of science to achieve a commercial or industrial objective

D. Science based know low

286. National income refers to ?
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A. Money value of stocks and shares of a country during a year.

B. Money value of goods and and services produced in a country during a year.

C. Money value of capital goods produced by a country during a year.

D. None of these

287. A firm owns long-lived property that is used by a firm in the Production of its income. What this property is called ?
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A. Production line

B. Fixed property

C. Unmovable asset

D. Fixed asset

288. Which situation will a country face, if the birth rate falls sharply, while the death rate remains unchanged ?
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A. an ageing population

B. a fall in living standards

C. an increase in population

D. a more youthful population

289. Minimum price of a commodity fixed by government to save the interest of producer of raw materials is called ?
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A. Floor price

B. Basic Price

C. Fixed price

D. Bid Price

290. What is called the amount of non-military foreign aid which a country received ?
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A. Official Development Assistance (ODA)

B. Grands

C. Foreign aid

D. Friendly aid

291. Theory of comparative advantages was presented by ?
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A. Adam Smith

B. Ricardo

C. Hicks

D. Barron

292. What is Remittance_______________?
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A. Sending of money to someone at distance

B. The sum of money sent

C. Both of them

D. None of them

293. Name the organization in which people are associated together for a common purpose under a common name. This organization is recognized and created by law ?
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A. Corporation

B. Cooperative

C. Limited Company

D. Company

294. Shareholders of a corporation elect individuals to carry out certain tasks that are establishment in the charter. What these individuals are called ?
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A. Board of Governor

B. Top brass

C. Management

D. Board of Directors

295. How is termed the balance of investment and return; in which investment and return are exactly equal ?
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A. Break even

B. Breakeven point

C. Both of them

D. None of them

296. Which is the oldest stock exchange of the world ?
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A. London stock exchange

B. Tokyo stock exchange

C. None of them

D. New York stock exchange

297. Development means economics growth plus ?
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A. Deflation

B. Social change

C. Price stability

D. Inflation

298. Hard currency is defined as ?
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A. Currency which loses its value very fast

B. None of these

C. Currency Which is used in times of war

D. Currency traded in foreign exchange market for which demand is persistently relative to the supply

299. Find out the term for the purpose that a buyer must pay for the goods at the time of its delivery ?
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A. Gives in take

B. payment on Delivery

C. Cash on Delivery

D. Barter

300. How is termed the governments order to prevent the arrival or departure of merchant ships or to restrict import or export of specified or all goods with a foreign nation ?
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A. Embargo

B. Contraband

C. Ban

D. Restriction

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