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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 referred by the Working capital ?

A Assets of business that can be applied to its operation

B Amount of current assets that exceeds current liabilities

C Both of them

D None of them

Review Detailed Answer

Correct Answer: Both of them

What is called the minimum price of a commodity that is fixed by government in order to save the interests of producer of raw materials ?

A Floor price

B Fixed price

C Bid price

D Basic price

Review Detailed Answer

Correct Answer: Floor price

What is underwriter ?

A To assume financial responsibility for grantee against failure

B To sign so as to assume liability in case of specified losses

C To guarantee the purchase or to agree to buy the unsold part of stock at fixed time and price

D All of them

Review Detailed Answer

Correct Answer: All of them

Name the method of inventory accounting in which the oldest remaining items are assumed to have been first sold ?

A FIFO (first in first out)

B LAFO (last in first out)

C First come First serve

D None of these

Review Detailed Answer

Correct Answer: FIFO (first in first out)

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 ?

A Bond

B Treasury bill

C Term bound

D Securities

Review Detailed Answer

Correct Answer: Treasury bill

What is called a country’s total financial obligations to the rest of the world ?

A Total dept

B Debt burden

C National liabilities

D External debt

Review Detailed Answer

Correct Answer: External debt

Trade name is ?

A Used to identify a commercial product or service

B By which commodity service or process is known to trade

C Under which a business firm operates

D All of them

Review Detailed Answer

Correct Answer: All of them

There is method by which one currency is bought, sold or valued in terms of other currencies, gold or accounting units such as the Special Drawing Right of IMF. What is it called ?

A Currency exchange

B Currency value

C Currency value

D Exchange rate

Review Detailed Answer

Correct Answer: Exchange rate

A bank deposit, that cannot be withdrawn before the date which is specified at the time of deposit, is called ?

A Bond deposit

B term deposit

C time deposit

D Fixed investment

Review Detailed Answer

Correct Answer: term deposit

Endorsement means anything written upon the back of the document What does means by Endorse ?

A To verify signature

B To verify the person holding cheque

C To sign one’s name upon the back of cheque

D To sign one’s name upon the front of cheque

Review Detailed Answer

Correct Answer: To sign one’s name upon the back of cheque

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Economics Mcqs 4423 MCQs [All-Courses]

All Topics 4423

All Topics 4423

What is referred by the Working capital ?

What is called the minimum price of a commodity that is fixed by government in order to save the interests of producer of raw materials ?

What is underwriter ?

Name the method of inventory accounting in which the oldest remaining items are assumed to have been first sold ?

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 ?

What is called a country’s total financial obligations to the rest of the world ?

Trade name is ?

There is method by which one currency is bought, sold or valued in terms of other currencies, gold or accounting units such as the Special Drawing Right of IMF. What is it called ?

A bank deposit, that cannot be withdrawn before the date which is specified at the time of deposit, is called ?

Endorsement means anything written upon the back of the document What does means by Endorse ?