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Economics Mcqs 4423 MCQs [All-Courses]

Economics MCQs cover fundamental concepts of microeconomics and macroeconomics, including demand and supply, inflation, national income, and economic policies.
This section is designed to strengthen analytical skills and conceptual understanding for competitive examinations.
Highly useful for PPSC, FPSC, NTS, OTS, KPPSC, and other testing services preparation.

What is defined as the active management of resources to provide the greatest present benefit without comprising the potential benefits to future generations ?

A Prudent development

B Sustainable development

C Managed economy

D None of these

Review Detailed Answer

Correct Answer: Sustainable development

When supply exceeds demand, sellers must lower prices to stimulate sales, when demand exceeds supply, prices increase as buyers compete to buy goods. What this theory is called in economics?

A Cost push theory

B Supply and Demand theory

C Fundamental theory

D Ricardo’s theory

Review Detailed Answer

Correct Answer: Supply and Demand theory

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

A Share holding

B Stake

C Partnership

D None of these

Review Detailed Answer

Correct Answer: Stake

Name the political and economic system in which the government owns and controls the means of production to benefit all the people ?

A Communism

B Socialism

C Capitalism

D Authoritarianism

Review Detailed Answer

Correct Answer: Socialism

What is sales tax_____________?

A Levied on the retail price of merchandise and collected by retailer

B Tax deducted at source

C Tax on local produce

D Tax on gross sale

Review Detailed Answer

Correct Answer: Levied on the retail price of merchandise and collected by retailer

A payment is made in return for some transference of privilege. What this payment is called ?

A Royalty

B Rent

C Share

D Intellectual royalty

Review Detailed Answer

Correct Answer: Royalty

The term Remittance refers to_______________?

A Sending of money to someone at distance

B The sum of money sent

C Both of them

D None of them

Review Detailed Answer

Correct Answer: Both of them

How is termed the ability to buy ?

A Purchasing power

B Income level

C Gross purchasing power

D Purchasing power parities (PPP)

Review Detailed Answer

Correct Answer: Purchasing power

By the way of an underwriter, the sale of a new security is issued to the public a transaction that must be registered with the securities and exchange commission. How is know this process ?

A Registering

B Going public

C Debuting

D Public offering

Review Detailed Answer

Correct Answer: Public offering

The term prospectus refers to______________?

A Formal summary of proposed project

B Document describing chief features of something for participants

C Both of them

D None of them

Review Detailed Answer

Correct Answer: Both of them

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Economics Mcqs 4423 MCQs [All-Courses]

All Topics 4423

All Topics 4423

What is defined as the active management of resources to provide the greatest present benefit without comprising the potential benefits to future generations ?

When supply exceeds demand, sellers must lower prices to stimulate sales, when demand exceeds supply, prices increase as buyers compete to buy goods. What this theory is called in economics?

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

Name the political and economic system in which the government owns and controls the means of production to benefit all the people ?

What is sales tax_____________?

A payment is made in return for some transference of privilege. What this payment is called ?

The term Remittance refers to_______________?

How is termed the ability to buy ?

By the way of an underwriter, the sale of a new security is issued to the public a transaction that must be registered with the securities and exchange commission. How is know this process ?

The term prospectus refers to______________?