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Economics Mcqs 4423 MCQs [All-Courses]

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.

What is called the amount of non-military foreign aid which a country received ?

A Grands

B Official Development Assistance (ODA)

C Foreign aid

D Friendly aid

Review Detailed Answer

Correct Answer: Official Development Assistance (ODA)

What is called the result of a state’s borrowing from its population, from foreign governments or from international institutions ?

A National debt

B Public debt

C Both of them

D None of them

Review Detailed Answer

Correct Answer: Both of them

What is mortgage______________?

A Conveyance of property as security for debt

B Conveyance of company security for debt

C Guarantee for debt

D Assurance of debt repayment

Review Detailed Answer

Correct Answer: Conveyance of property as security for debt

Term the exclusive right of one or more persons to carry on some branch of trade of manufacture It is a sole power of dealing in something ?

A Encroachment

B Monotony

C Unipolarity

D Monopoly

Review Detailed Answer

Correct Answer: Monopoly

The branch of economics ‘Microeconomics’ deals with______________?

A small units, including individual companies and small group of consumers

B Economics of homes

C Economics of stock market

D Economics of provinces

Review Detailed Answer

Correct Answer: small units, including individual companies and small group of consumers

The term Mark-up refers to________________?

A Rise in the price of an item for sale

B An amount added to cost price in calculating selling price

C Both of them

D All of them

Review Detailed Answer

Correct Answer: Both of them

Name the company in which the liability of the shareholders is limited to the amount of their shares ?

A Limited company

B Incorporation

C Cooperative

D Corporation

Review Detailed Answer

Correct Answer: Limited company

LIFO (last in, first out) means ?

A to make queue

B items are removed in inverse order

C turn by turn

D make space for new production

Review Detailed Answer

Correct Answer: items are removed in inverse order

Termed the written statement which expresses the intention of undersigned to enter into a formal agreement ?

A Letter of intent

B Letter of Credit

C Letter of Expression

D Papers of Landing

Review Detailed Answer

Correct Answer: Letter of intent

Which economics doctrine opposes government regulation or interference in commerce beyond the minimum necessary for a free enterprise system to operate according to its own economics laws and non-interference in affairs of others ?

A Free market economy

B Laissez faire also Laisser faire

C Open market economy

D Liberal market economy

Review Detailed Answer

Correct Answer: Laissez faire also Laisser faire

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Economics Mcqs 4423 MCQs [All-Courses]

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All Topics 4423

What is called the amount of non-military foreign aid which a country received ?

What is called the result of a state’s borrowing from its population, from foreign governments or from international institutions ?

What is mortgage______________?

Term the exclusive right of one or more persons to carry on some branch of trade of manufacture It is a sole power of dealing in something ?

The branch of economics ‘Microeconomics’ deals with______________?

The term Mark-up refers to________________?

Name the company in which the liability of the shareholders is limited to the amount of their shares ?

LIFO (last in, first out) means ?

Termed the written statement which expresses the intention of undersigned to enter into a formal agreement ?

Which economics doctrine opposes government regulation or interference in commerce beyond the minimum necessary for a free enterprise system to operate according to its own economics laws and non-interference in affairs of others ?