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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.

Free port is ?

A Where no export duties are levied

B Where no import duties are levied

C Where no expert or import duties are levied

D Where everything can be import or export

Review Detailed Answer

Correct Answer: Where no expert or import duties are levied

How is termed the group which consists of Singapore, Hong kong, Taiwan, and south Korea ?

A Four Dragons

B Little Tigers

C Four Tigers

D All of these

Review Detailed Answer

Correct Answer: Four Tigers

Which of the following is known as foreign exchange ?

A Transaction of International monetary business

B Negotiable bills drawn in one country to be paid in another country

C Both of them

D None of them

Review Detailed Answer

Correct Answer: Both of them

Mention the penalty by which a person loses title of his property, that is a result of some illegal act ?

A Confiscation

B Bankruptcy

C Forfeiture

D Debenture

Review Detailed Answer

Correct Answer: Forfeiture

An organization plans the use of its fund during a 12-month period. What is this period called ?

A Fiscal period

B Calendar year

C Year unit

D Fiscal year (FY)

Review Detailed Answer

Correct Answer: Fiscal year (FY)

In Western Europe in 9th C, originated military and social system in which a nobleman would grant the use of land to servant in return for service which is often military, and duty, Name the system ?

A Military system

B Land based system

C Feudal system

D Rural system

Review Detailed Answer

Correct Answer: Feudal system

What meant by excise ?

A A tax levied on certain articles produced and consumed in a country

B A licensing charge or a fee levied for certain privileges

C Both of these

D None of the above

Review Detailed Answer

Correct Answer: Both of these

Beyond any mortgage thereon and liability therein, the residual value of a business or property is called equity. Which of the following are also included by term equity ?

A The market value of securities less any debt incurred and common stock and preferred stock

B Funds provided to a business by the sale of stock

C Both of them

D None of them

Review Detailed Answer

Correct Answer: Both of them

How is termed the government’s order to prevent the arrival or departure of merchant ships or to restrict import or export of specified or all goods with a foreign nation ?

A Embargo

B Contraband

C Ban

D Restriction

Review Detailed Answer

Correct Answer: Embargo

What is Dumping ?

A sale of goods in large quantities with high quality

B Scale of goods in large quantities with low quality

C Scale of goods in large quantities and at low price

D Scale of goods in large quantities with High price

Review Detailed Answer

Correct Answer: Scale of goods in large quantities and at low price

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Economics Mcqs 4423 MCQs [All-Courses]

All Topics 4423

All Topics 4423

Free port is ?

How is termed the group which consists of Singapore, Hong kong, Taiwan, and south Korea ?

Which of the following is known as foreign exchange ?

Mention the penalty by which a person loses title of his property, that is a result of some illegal act ?

An organization plans the use of its fund during a 12-month period. What is this period called ?

In Western Europe in 9th C, originated military and social system in which a nobleman would grant the use of land to servant in return for service which is often military, and duty, Name the system ?

What meant by excise ?

Beyond any mortgage thereon and liability therein, the residual value of a business or property is called equity. Which of the following are also included by term equity ?

How is termed the government’s order to prevent the arrival or departure of merchant ships or to restrict import or export of specified or all goods with a foreign nation ?

What is Dumping ?