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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.

How is termed the balance of investment and return; in which investment and return are exactly equal ?

A Break even

B Breakeven point

C Both of them

D None of them

Review Detailed Answer

Correct Answer: Both of them

Bank issued a document that authorizes the bearer to receive money from one of its foreign branches or from another bank abroad. What such document is called ?

A letter of Credit

B Letter of expression

C Demand draft

D Letter of intent

Review Detailed Answer

Correct Answer: letter of Credit

Which term is used for an addition to normal payment by a company or extra payment of gratuity to workers ?

A Bonus

B Overtime

C Prize

D Gift

Review Detailed Answer

Correct Answer: Bonus

Total number of adults currently employed or actively seeking work in all economic sectors is known as ?

A Labor force

B Labor potential

C Work force

D All of them

Review Detailed Answer

Correct Answer: Labor force

A stock that sells at a high price because of public confidence in its long record of steady earnings is called ?

A Blue chip

B Blue Chipper

C An extremely valuable asset or property

D All of these

Review Detailed Answer

Correct Answer: All of these

A detailed, itemized list, report or record or things in one’s possession or the process of making such a list, or items listed in this list, or the stock, is called inventory. Which of the following is also inventory ?

A List of stock a company own

B List of assets of a corporation

C Total obligation of a firm

D An evaluation or a survey, as of abilities or resources

Review Detailed Answer

Correct Answer: An evaluation or a survey, as of abilities or resources

What is called the trade of goods or services without the exchange of money ?

A Free exchange

B Liberal Exchange

C Barter

D Bilateral Trade

Review Detailed Answer

Correct Answer: Barter

Inflation is ?

A Increase in the amount of circulating money

B Lowering of purchasing power

C Decrease in the amount of circulation money

D None of the above

Review Detailed Answer

Correct Answer: Increase in the amount of circulating money

How is termed the legal proceeding in which debtor remains unable to pay his creditors in full ?

A Bankruptcy

B Default

C Total loss

D Crash

Review Detailed Answer

Correct Answer: Bankruptcy

Because of the decrease in the value of money, there comes exaggerated increase in incomes and prices. How is termed this system ?

A Hyperinflation

B Ultra-inflation

C A cute inflation

D Super inflation

Review Detailed Answer

Correct Answer: Hyperinflation

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Economics Mcqs 4423 MCQs [All-Courses]

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All Topics 4423

How is termed the balance of investment and return; in which investment and return are exactly equal ?

Bank issued a document that authorizes the bearer to receive money from one of its foreign branches or from another bank abroad. What such document is called ?

Which term is used for an addition to normal payment by a company or extra payment of gratuity to workers ?

Total number of adults currently employed or actively seeking work in all economic sectors is known as ?

A stock that sells at a high price because of public confidence in its long record of steady earnings is called ?

A detailed, itemized list, report or record or things in one’s possession or the process of making such a list, or items listed in this list, or the stock, is called inventory. Which of the following is also inventory ?

What is called the trade of goods or services without the exchange of money ?

Inflation is ?

How is termed the legal proceeding in which debtor remains unable to pay his creditors in full ?

Because of the decrease in the value of money, there comes exaggerated increase in incomes and prices. How is termed this system ?