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.

What can a government do to increase demand in its economy ?
A Budget for a surplus
B Cut taxes
C Encourage savings
D Reduce its expenditure
Correct Answer: Cut taxes
Which situation will a country face, if the birth rate falls sharply, while the death rate remains unchanged ?
A a fall in living standards
B a more youthful population
C an ageing population
D an increase in population
Correct Answer: an ageing population
Which of the following is not required while computing Gross National Product (GNP) ?
A Net foreign investment
B Private investment
C Per capita income of citizens
D None of the above
Correct Answer: Per capita income of citizens
Rate of growth of an economy is measured in terms of________________?
A Per capita income
B Industrial development
C Number of people who have been lifted above the poverty line
D National income
Correct Answer: National income
Debenture holders of a company are its_______________?
A Shareholders
B Creditors
C Debtors
D Directors
Correct Answer: Creditors
The smallest unit of ownership of a company is______________?
A A share
B A debenture
C Invest
D Capital
Correct Answer: A share
Which of the following is not rated by credit rating agencies ?
A Shares
B Debentures and bonds
C Commercial paper
D Government securities
Correct Answer: Shares
Which of the following payment instruments introduced by the banks is known as plastic money ?
A Bearer cheques
B Credit Cards
C Demand Drafts
D Gift Cheques
Correct Answer: Credit Cards
Which is the best measure of economic growth of a country ?
A GNP
B GDP
C Net revenue
D None of the above
Correct Answer: GNP
Hard currency is defined as ?
A Currency traded in foreign exchange market for which demand is persistently relative to the supply
B Currency Which is used in times of war
C Currency which loses its value very fast
D None of these
Correct Answer: Currency traded in foreign exchange market for which demand is persistently relative to the supply