economics MCQs – Page 368

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 Review each marked answer and report any item that may be outdated or unclear.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

7341. Which city in Germany has the distinction of housing the first car manufacturing plant in the world ?
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A. Berlin

B. Frankfurt

C. Bonn

D. Stuttgart

7342. 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. Ban

B. Embargo

C. Restriction

D. Contraband

7343. Treasury bill is used for_________________?
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A. Getting long term loans

B. Treasury bill in not credit instrument

C. Treasury bill is a govt. tax bill

D. Getting short term loans

7344. Which of the following is the Pakistans central bank ?
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A. State Bank

B. National Bank

C. Both of them

D. None of them

7345. Blue chip company is used in the context of general equities. What does it refer ?
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A. Large and creditworthy company

B. A multinational company

C. A conglomerate company

D. A consortium of companies

7346. What is Dumping ?
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A. Scale of goods in large quantities and at low price

B. Scale of goods in large quantities with High price

C. sale of goods in large quantities with high quality

D. Scale of goods in large quantities with low quality

7347. The standard of living in a country is represented by its ?
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A. National income

B. None of these

C. Per capita income

D. Poverty ratio

7348. Which is most likely to cause a more even distribution of income ?
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A. An increase in managers salaries

B. An increase in indirect taxes

C. An increase in progressive taxation

D. An increase in the rate of inflation

7349. Gross Domestic Product (GDP) is__________________?
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A. Economic activities of federal government

B. Economics output of a country

C. Value of all economic activity with in a nations border

D. None of these

7350. Bank issued a document that authorizes the bearer to receive money from one of its foreign branches or from another bank abroad. What such document is called ?
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A. Letter of expression

B. Letter of intent

C. Demand draft

D. letter of Credit

7351. Percentage of total industry sales that a particular company controls is called ?
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A. Market share

B. Net share

C. Holding share

D. Lions share

7352. Economic development ?
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A. All of the above

B. Exists when there is equal distribution of income

C. Is the same as economic growth

D. Means improvement in lifestyle

7353. Government granted monetary assistance to a person or a group in support of an enterprise regarded as being in public interest. This is called subsidy. Point out the statement which is also a subsidy ?
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A. Financial assistance given to aged people

B. Financial assistance given to small companies

C. Financial assistance given by one person or government to another

D. Financial assistance given to poor people

7354. A long-term asset, such as land or building is termed as ?
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A. solid asset

B. solid capital

C. Future asset

D. capital asset

7355. Which of the following can be used for check inflation temporarily ?
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A. increase in wages

B. None of these

C. Decrease in money supply

D. Decrease in tax

7356. What is called the rules of laws which governs the internal affairs of an organization ?
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A. Internal Laws

B. Secondary Laws

C. Corporate Laws

D. By laws

7357. Government borrows in the form of promissory note to repay the bearer after some fixed days from the date of issue. How is called such borrowing ?
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A. Term bound

B. Securities

C. Treasury bill

D. Bond

7358. Net investment is___________________?
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A. Gross investment minus capital consumption allowance

B. Gross investment minus govt. Investment

C. Gross investment minus household investment

D. None of the above

7359. Pick out the generic term for the securities industry firms that buy sell and underwrite securities ?
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A. Wall street

B. Yahoo index

C. Nikkei index

D. NASDAQ

7360. What is called the situation in which a debtor remains unable to pay his creditors in full ?
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A. Bankruptcy

B. Crash

C. Default

D. Total loss

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