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.

Velocity of circulation of money means ?
A The number of times a unit of money changes hands daily
B The number of times as unit of money changes hands monthly
C The number of times a unit of money changes hands annually
D The number of times a unit of money changes value
Correct Answer: The number of times a unit of money changes hands annually
Government of Pakistan issues currency on the basis of__________________?
A Availability of gold in the country
B Availability of dollars in the country
C Demand for money in the country
D Tax collection
Correct Answer: Demand for money in the country
Economic development is measured on the basis of ?
A Increase in nominal GNP
B Increase in real GNP
C Increase in personal income
D Increase in government revenue
Correct Answer: Increase in real GNP
When the stock market is rising it is ?
A Bearish
B Bullish
C Hottest
D Rising up
Correct Answer: Bullish
What would cause a country’s exchange rate to fall ?
A An increases demand for its exports
B Increased demand for its imports
C An increased inflow of capital
D None of the above
Correct Answer: Increased demand for its imports
The cause of inflation is ?
A Increase in money supply
B Fall in production
C Increase in money supply and fall in production
D Decrease in money supply and fall in production
Correct Answer: Increase in money supply