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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

Hitler led the German people by emotional speeches He derived his authority from________________?
A God
B the law
C the Bible
D personal charisma
Correct Answer: personal charisma
The Pope,s leadership of the Catholic Church is based on which kind of authority ?
A Legal-rational
B Democratic
C Traditional
D Charismatic
Correct Answer: Traditional
Government is characterized by a(n)_______________?
A pattern of statuses and roles
B system of norms and values
C system to deal with order and defense
D all of the above
Correct Answer: all of the above
Political power_______________?
A appears only in capitalistic societies
B is power exercised by the state through its government
C characterizes all dictatorships
D belongs to a ruler in democratic regimes
Correct Answer: is power exercised by the state through its government
In essence people need government because________________?
A they live in groups and need a degree of order
B of their competitive nature
C they have not reached a sufficient amount of civilization to exist without it
D brute force is not sufficient keep them in line
Correct Answer: they live in groups and need a degree of order
The oldest form of power rests on_______________?
A rational-legal authority
B charismatic authority
C traditional authority
D the authority of force
Correct Answer: traditional authority
Charismatic leaders_______________?
A appear only in traditional societies
B may appear in societies with either a traditional or a legal-rational base of authority
C establish a stable social organization
D are only characteristic of theocracies
Correct Answer: may appear in societies with either a traditional or a legal-rational base of authority
The basic components of the state include ALL BUT WHICH of the following ?
A Territory
B Population
C Armed services
D Sovereignty
Correct Answer: Armed services
Antarctica is occupied by several nations together because no one nations has________________?
A sovereignty over it
B the desire to rule it
C interest in its resources
D the power to take it over
Correct Answer: sovereignty over it
The manifest functions of government include________________?
A the formation of party machines
B the protection of the interests of the power elite
C the enlargement of the administrative elite
D the provision of institutionalized social control
Correct Answer: the protection of the interests of the power elite
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