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.

Where ‘Nikkei Stock average’ applies ?
A Mainly to Korean equities
B Mainly to international equities
C Mainly to Japanese equities
D Mainly to US equities
Correct Answer: Mainly to international equities
Percentage of total industry sales that a particular company controls is called ?
A Lion’s share
B Market share
C Net share
D Holding share
Correct Answer: Market share
Which of the following is rate of interest the major international banks charge each other for borrowings ?
A New York Interbank Offered Rates (NIBOR)
B international Interbank Offered Rates (IOBOR)
C London Interbank Offered Rate (LIBOR)
D USA Interbank Offered Rate (UIBOR)
Correct Answer: London Interbank Offered Rate (LIBOR)
What occurs when a firm’s business is terminated Assets are sold, proceeds are used to pay creditors, and any leftovers are distributed to shareholders ?
A Solvency
B Crash
C Bankruptcy
D Liquidation
Correct Answer: Liquidation
Keynesian economics is an economic theory of British economist John Maynard. What this theory states ?
A A free market is necessary for economic growth and stability
B Regulation is necessary for economic growth and stability
C Active government intervention is necessary to ensure economic growth and stability
D Government intervention is not necessary to ensure economic growth and stability
Correct Answer: Active government intervention is necessary to ensure economic growth and stability
Which form of business organization falls between a corporation and partnership ?
A joint company
B Joint stock company
C Limited joint company
D Limited Company
Correct Answer: Joint stock company
Who is insolvent_______________?
A A firm that is unable to pay debts
B A firm that is liquidated
C A firm that is for sale
D A firm that has more liabilities than assets
Correct Answer: A firm that is unable to pay debts
Which money is called Hot money ?
A That moves across country borders in response to interest rate differences
B That moves away when the interest rate differential
C Both of them
D None of them
Correct Answer: Both of them
What is called that legal process through which a company receives a charter and state in which it is based allows it to operate as corporation ?
A Going legal
B Book corporation
C Chartered corporation
D Incorporation
Correct Answer: Incorporation
What is called the excess of purchase price over fair market value of net assets that are acquired under the purchase method of accounting ?
A Bonus
B Up level
C Goodwill
D Upgradation
Correct Answer: Goodwill