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.

Name the scale for measuring the average share price and percentage change of 30 major US industrial companies ?
A Nikki Index
B NASDAQ
C Dow Jones Index
D Major Index
Correct Answer: Dow Jones Index
Term the shared of profits of a joint stock company ?
A Share
B Profit-share
C Dividend
D Margin
Correct Answer: Dividend
Which term is used for fine that is payable for failing to clear goods from a storehouse with in a specific period of time ?
A Demurrage
B Penalty
C Charges
D Fine
Correct Answer: Demurrage
Mention the term for an official act of reducing the rate in which one currency is exchanged for another in international currency markets ?
A Devolution
B Devaluation
C Price cap
D Cut-rate
Correct Answer: Devaluation
What is called increased demand for a limited supply of goods and service result of which is increase in consumer prices ?
A Demand push
B Demand pulls
C Cost pull
D Demand supply
Correct Answer: Demand pulls
Interest payments and any principal repayments which are due on a country’s external debt are known as ?
A Debt Payment
B Service Charges
C Debt Charges
D Debt service
Correct Answer: Debt service
What is referred by cost push inflation ?
A Decreased production costs drive prices up
B Decreased production costs drive prices down
C increased production costs drive prices down
D increased production costs drive prices up
Correct Answer: increased production costs drive prices up
An adjustment is made in wages that corresponds with the change in the cost of living. What this adjustment is called ?
A Free adjustment
B Cost effective adjustment
C Comparative adjustment
D Cost of living adjustment
Correct Answer: Cost of living adjustment
Amount of money needed to purchase the goods and services required to maintain a certain standard of living called ?
A Cost of living
B Basic requirement
C Cost of life
D None of the above
Correct Answer: Cost of living
The sole legal right to print or publish anything which belongs to the author or his assignees is called ?
A Property right
B Sole right
C Copyright
D Right
Correct Answer: Copyright