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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.

Government levy tax on imports and exports What this tax is called ?

A Custom

B Exercise Duty

C Tariff

D Freight

Review Detailed Answer

Correct Answer: Tariff

Which money is called ‘Earnest’ Money ?

A Advanced payment to bind a contract or bargain

B A token of something to come

C A promise or assurance

D All of these

Review Detailed Answer

Correct Answer: All of these

Which theory of economic management focuses on encouraging product through tax reduction ?

A Liberalism

B Free market economics

C Supply-side economics

D Supervised market

Review Detailed Answer

Correct Answer: Supply-side economics

Downsizing is______________?

A to make in a smaller size

B to make in a actual size

C to make in a half size

D None of the above

Review Detailed Answer

Correct Answer: to make in a smaller size

Government granted monetary assistance to a person or a group in support of an enterprise regarded as being in public interest. This is called subsidy. Point out the statement which is also a subsidy ?

A Financial assistance given by one person or government to another

B Financial assistance given to poor people

C Financial assistance given to aged people

D Financial assistance given to small companies

Review Detailed Answer

Correct Answer: Financial assistance given by one person or government to another

Different workers or group of workers separate the production works and trade into__________processes. What this separation is called?

A Divided Labor

B Closed shop

C Division of Labor

D Open shop

Review Detailed Answer

Correct Answer: Division of Labor

Which term is used for an engagement in risky business with the idea of making a large profit in short time ?

A Idealism

B Blind game

C Speculation

D Risk covering

Review Detailed Answer

Correct Answer: Speculation

What is referred by the discount rate________________?

A Advance deduction of the interest in purchasing, selling or lending a commercial paper

B State (central) Bank’s interest rate on loans to its member banks

C Both of them

D None of them

Review Detailed Answer

Correct Answer: Both of them

A government program, social security is ?

A Economics assistance provided by social security

B Economic assistance to persons who faced unemployment, disability of agedness, financed by assessment of employers and employees

C Both a & b

D Nor a nor b

Review Detailed Answer

Correct Answer: Both a & b

What does mean by Deed________________?

A legal instrument used to grand a right

B Something done

C legal instrument

D none of the above

Review Detailed Answer

Correct Answer: legal instrument used to grand a right

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Economics Mcqs 4423 MCQs [All-Courses]

All Topics 4423

All Topics 4423

Government levy tax on imports and exports What this tax is called ?

Which money is called ‘Earnest’ Money ?

Which theory of economic management focuses on encouraging product through tax reduction ?

Downsizing is______________?

Government granted monetary assistance to a person or a group in support of an enterprise regarded as being in public interest. This is called subsidy. Point out the statement which is also a subsidy ?

Different workers or group of workers separate the production works and trade into__________processes. What this separation is called?

Which term is used for an engagement in risky business with the idea of making a large profit in short time ?

What is referred by the discount rate________________?

A government program, social security is ?

What does mean by Deed________________?