economics MCQs – Page 433

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 Review each marked answer and report any item that may be outdated or unclear.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
8641. What was the second milk producing country ?
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A. Russia

B. Germany

C. United States

D. France

8642. Which crop is affected by the disease called blast ?
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A. Rice

B. Wheat

C. Sugarcane

D. None of the above

8644. Which country produced the most rubber ?
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A. Malaysia

B. Indonesia

C. India

D. Thailand
8645. The country which leads in the production of rubber is ?
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A. Thailand

B. Malaysia

C. None of these

D. Indonesia

8647. The largest producer of coffee in the world is ?
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A. Brazil

B. Sri Lanka

C. None of these

D. pakistan

8648. Which one of the following is the best criterion of contrast between a rural and urban community ?
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A. Geographic location

B. Diversification of occupations

C. Specific density of population

D. Specific size of population
8649. Which type of forest covers the highest percentage of forest area in the world ?
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A. Temperate Deciduous forests

B. Tropical Monsoon forests

C. Tropical Rain forests

D. Temperate Coniferous forests
8650. What was the top milk producing country ?
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A. Russia

B. United States

C. France

D. Germany

8651. Which one of the following fertilizers contains a high percentage of nitrogen ?
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A. None of these

B. Calcium nitrate Ammonium

C. Ammounium nitrate

D. Urea
8652. What is the top sheep producing country ?
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A. Australia

B. China

C. India

D. India

8658. Which statement best describes how a command economy functioned in the Soviet Union ?
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A. The success of the agricultural sector controlled the price of manufactured goods

B. Trade policies mandated that imports exceed exports

C. The laws of supply and demand controlled the economy

D. A central authority determined the type and quantity of goods to be produced