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 is called the situation in which a debtor remains unable to pay his creditors in full ?
A Bankruptcy
B Default
C Total loss
D Crash
Correct Answer: Bankruptcy
Of which item’s chief exporter is Indonesia ?
A Gold
B Silver
C Wheat
D Sugar
Correct Answer: Sugar
Malaysia is the chief exporter of ?
A Jute
B Diamond
C Tin
D Rubber
Correct Answer: Rubber
India is the chief exporter of ?
A Mica
B Rubber
C Silver
D Gold
Correct Answer: Silver
Which country is the chief exporter of jute ?
A Bangladesh
B India
C Both of them
D None of them
Correct Answer: Both of them
South Africa is the chief exporter of ?
A Coffee
B Copper
C Diamond
D Gold
Correct Answer: Gold
USA is the chief exporter of ?
A Coal
B Copper
C Cotton
D All of these
Correct Answer: All of these
Which of the following is not an indirect tax ?
A Income tax
B Sales tax
C Custom duty
D Tariff
Correct Answer: Sales tax
Pick out the generic term for the securities industry firms that buy sell and underwrite securities ?
A Wall street
B NASDAQ
C Nikkei index
D Yahoo index
Correct Answer: Wall street
What is called the difference in the value of a nation’s imports over exports or exports over imports ?
A Trade deficit
B Trade simples
C Both a & b
D Not a nor b
Correct Answer: Both a & b