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.

Downsizing is ?
A to make in a smaller size
B to make in actual size
C To make in half size
D None of these
Correct Answer: to make in a smaller size
Which kind of Tax is Federal subject ?
A Excise Tax
B Property Tax
C Zakat
D General Sales Tax
Correct Answer: General Sales Tax
What is called the reduction in the rate of a currency
A Devolution
B Devaluation
C Price cap
D Cut-rate
Correct Answer: Devaluation
What is Debt Service ?
A Interest payments on external debts
B repayments of external debt
C none of these
D Both of them
Correct Answer: Both of them
Term the sole legal right to print or publish anything that belongs to the author ?
A property right
B Sole right
C Copyright
D rights
Correct Answer: property right
What are called goods that satisfy human wants through their direct use ?
A cash goods
B consumer items
C consumer goods
D cash items
Correct Answer: consumer goods
A country can still gain from trading certain goods even though its trading partners can produce those goods more cheaply. How is known this principle?
A Relative Advantage
B Complete Advantage
C Comparative Edge
D Comparative Advantage
Correct Answer: Comparative Advantage
Crop grown for sale is called?
A Business Crop
B Cash crop
C Money Crop
D Earning Crop
Correct Answer: Cash crop
Goods and monies from which future income can be derived is called ?
A Net assets
B Assets
C Holdings
D Capital
Correct Answer: Capital
Barter is the trade of goods or services with ?
A free exchange of money
B exchange of services
C exchange of goods and services
D None of them
Correct Answer: exchange of goods and services