economics MCQs – Page 379

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 Review each marked answer and report any item that may be outdated or unclear.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 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
7561. There are certain products which are sold without brand name or trademark What these products are called ?
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A. Generic

B. Forged goods

C. Contraband

D. Clean goods

7562. What is called an arrangement of workers machines, and equipment in which the product being assembled passes consecutively from operation to operation or the process in which finished products are turned out in a mechanically efficient, though impersonal, manner ?
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A. Assembly line

B. Production line

C. Both of them

D. None of them

7563. Pakistans fiscal years starts from?
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A. 1st April

B. 1st July

C. 1st September

D. 1st January

7564. What is Free port ?
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A. Where no import duties are levied

B. Where everything can be import or export

C. Where no export or import duties are levied

D. Where no export duties are levied

7565. Which statistical factor is used to convert current currency purchasing power into inflation adjusted purchasing power ?
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A. Purchasing power parity

B. Deflector

C. Deflation

D. Inflator

7566. Capital Flight from a country is called ?
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A. removal of individual and corporate investment

B. All of these

C. removal of capital drain

D. removal of income

7567. When the State Bank wants to decrease money supply in the country, it _______________?
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A. B and C of above

B. Lowers discount rate

C. Buys govt. securities in stock market

D. Sells govt. securities
7568. What is called the acquisition abroad of physical assets with operating control that resides in parent corporation ?
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A. Foreign Direct Investment (FDI)

B. Foreign Investment

C. Fixed Direct Investment

D. Remote Foreign Investment

7569. What is a Debenture ?
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A. Certificate for the investment in shares

B. Certificate for the preference share

C. None of these

D. Certificate issued by a company promising the payment of a specified amount at a fixed rate of interest after a specified period
7570. Term a large payment to a senior employee who is forced into retirement or fired as a result of takeover or similar development ?
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A. Friendly handshake

B. Golden shake hand

C. Golden bonus

D. Golden handshake
7571. Debenture holders of a company are its_______________?
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A. Directors

B. Creditors

C. Shareholders

D. Debtors

7572. Which term is used for an addition to normal payment by a company or extra payment of gratuity to workers ?
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A. Prize

B. Overtime

C. Gift

D. Bonus
7573. Term a tax or duty rebate on imported goods that are exported at a later date ?
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A. Rebut

B. Duty

C. Custom

D. Drawback
7574. Which of the following would cause income to become more unequal ?
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A. Increased unemployment allowance

B. More progressive taxes

C. More regressive taxes

D. Increased employment

7575. What is referred by the discount rate________________?
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A. Advance deduction of the interest in purchasing, selling or lending a commercial paper

B. State (central) Banks interest rate on loans to its member banks

C. Both of them

D. None of them

7576. A share or an interest in an enterprise, especially a financial share, is called ?
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A. Stake

B. None of these

C. Partnership

D. Share holding

7577. Term the rules and particles that govern the management of an organization ?
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A. By laws

B. Character

C. Memorandum of articles

D. Internal laws

7578. What is artificial currency ?
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A. De-valued currency

B. A currency substitutes

C. Coins

D. Silver

7579. The system under which a countrys currency is exchangeable for a fixed weight of gold on demand at central bank is called ?
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A. God standard system

B. Gold based system

C. None of the above

D. Bullion standard system

7580. What is called the amount of non-military foreign aid which a country received ?
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A. Friendly aid

B. Grands

C. Official Development Assistance (ODA)

D. Foreign aid