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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.

All Topics  4423

The legitimate possession of power is a definition of______________?
A force
B the police
C the state
D authority
Correct Answer: authority
The view that the state has emerged to protect the rights of a privileged few has been expressed by philosophers of which school of thought ?
A Functionalism
B Ideologist
C Conflict
D Hegelianism
Correct Answer: Conflict
The most important of government is to__________________?
A provide social welfare
B implement political control
C exercise total control
D regulate human life in society
Correct Answer: implement political control
Even in a democracy the state can________________?
A size property
B imprison persons
C deprive people of their lives
D all of the above
Correct Answer: imprison persons
The forces and processes revolving around government is policies and actions are called_________________?
A politics
B general social processes
C dynamics
D statics
Correct Answer: politics
Which is FALSE of power ____________________?
A It is necessary for exerting social control in society
B It plays a significant role in all kinds of social interactions
C All power relationships are one sided
D People have greater or lesser amounts of power according to their statuses in society
Correct Answer: All power relationships are one sided
Power may be asserted by_________________?
A reciprocating
B promising a reward in return for compliance
C coercion
D coercion reciprocation or reward
Correct Answer: coercion
The difference between government and state is that________________?
A government is symbol state is the process
B government is a process that includes the people who exercise political power
C the state is an abstract symbol of the political institution
D government is a process and the state is an abstract symbol
Correct Answer: government is a process and the state is an abstract symbol
international relations include________________?
A public but not private diplomacy
B legal but not illegal or “black market” trade
C declared but not undeclared wars
D all of the above
Correct Answer: legal but not illegal or “black market” trade
By “dependent relations” globalists mean_______________?
A the legitimacy of nation -states depends upon propaganda and internal surveillance
B industrial nations depend upon raw materials located in no-industrial nations
C Third-World countries are maintained in a state of dependency by First-and Second- World nations
D the effectiveness of the United Nations depends upon a cohesive Security Council
Correct Answer: Third-World countries are maintained in a state of dependency by First-and Second- World nations
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