M C Q s D r i v e

Economics Mcqs 4423 MCQs [All-Courses]

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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.

Which term is used for the period of competition in which each competitor tries to cut retail prices below the others ?
A Price competition
B Price support
C Price war
D Price battle
Correct Answer: Price war
A number of relating prices of a group of commodities to their prices during an arbitrarily chosen based period is called ?
A Price index
B Price indexing
C Price fixing
D Price choosing
Correct Answer: Price index
Which term is used for the value imprinted on a security ?
A Real value
B Net value
C Par value
D Gross value
Correct Answer: Par value
What is called the amount of non-military foreign aid which a country received ?
A Grands
B Official Development Assistance (ODA)
C Foreign aid
D Friendly aid
Correct Answer: Official Development Assistance (ODA)
What is called the result of a state’s borrowing from its population, from foreign governments or from international institutions ?
A National debt
B Public debt
C Both of them
D None of them
Correct Answer: Both of them
What is mortgage______________?
A Conveyance of property as security for debt
B Conveyance of company security for debt
C Guarantee for debt
D Assurance of debt repayment
Correct Answer: Conveyance of property as security for debt
Term the exclusive right of one or more persons to carry on some branch of trade of manufacture It is a sole power of dealing in something ?
A Encroachment
B Monotony
C Unipolarity
D Monopoly
Correct Answer: Monopoly
The branch of economics ‘Microeconomics’ deals with______________?
A small units, including individual companies and small group of consumers
B Economics of homes
C Economics of stock market
D Economics of provinces
Correct Answer: small units, including individual companies and small group of consumers
The term Mark-up refers to________________?
A Rise in the price of an item for sale
B An amount added to cost price in calculating selling price
C Both of them
D All of them
Correct Answer: Both of them
Name the company in which the liability of the shareholders is limited to the amount of their shares ?
A Limited company
B Incorporation
C Cooperative
D Corporation
Correct Answer: Limited company