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 a actual size
C to make in a half size
D None of the above
Correct Answer: to make in a smaller size
Government granted monetary assistance to a person or a group in support of an enterprise regarded as being in public interest. This is called subsidy. Point out the statement which is also a subsidy ?
A Financial assistance given by one person or government to another
B Financial assistance given to poor people
C Financial assistance given to aged people
D Financial assistance given to small companies
Correct Answer: Financial assistance given by one person or government to another
Different workers or group of workers separate the production works and trade into__________processes. What this separation is called?
A Divided Labor
B Closed shop
C Division of Labor
D Open shop
Correct Answer: Division of Labor
Which term is used for an engagement in risky business with the idea of making a large profit in short time ?
A Idealism
B Blind game
C Speculation
D Risk covering
Correct Answer: Speculation
What is referred by the discount rate________________?
A Advance deduction of the interest in purchasing, selling or lending a commercial paper
B State (central) Bank’s interest rate on loans to its member banks
C Both of them
D None of them
Correct Answer: Both of them
A government program, social security is ?
A Economics assistance provided by social security
B Economic assistance to persons who faced unemployment, disability of agedness, financed by assessment of employers and employees
C Both a & b
D Nor a nor b
Correct Answer: Both a & b
What does mean by Deed________________?
A legal instrument used to grand a right
B Something done
C legal instrument
D none of the above
Correct Answer: legal instrument used to grand a right
Which term is used for a country’s holdings of intentionally acceptable means of payment ?
A Holdings
B Reserves
C Foreign currency
D Treasure
Correct Answer: Reserves
Depression is a drastic decline in a national or international economy. It’s characteristic is_____________?
A Decreasing business activity
B Falling prices
C Unemployment
D All of these
Correct Answer: All of these
What is the rate of exchange or exchange rate ?
A Power to buy foreign currency
B Foreign currency holding
C Ratio at which unit of one country’s currency is exchanged for unit of another country currency
D None of them
Correct Answer: Ratio at which unit of one country’s currency is exchanged for unit of another country currency