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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

Mention the penalty by which a person loses title of his property, that is a result of some illegal act ?
A Confiscation
B Bankruptcy
C Forfeiture
D Debenture
Correct Answer: Forfeiture
An organization plans the use of its fund during a 12-month period. What is this period called ?
A Fiscal period
B Calendar year
C Year unit
D Fiscal year (FY)
Correct Answer: Fiscal year (FY)
In Western Europe in 9th C, originated military and social system in which a nobleman would grant the use of land to servant in return for service which is often military, and duty, Name the system ?
A Military system
B Land based system
C Feudal system
D Rural system
Correct Answer: Feudal system
What meant by excise ?
A A tax levied on certain articles produced and consumed in a country
B A licensing charge or a fee levied for certain privileges
C Both of these
D None of the above
Correct Answer: Both of these
Beyond any mortgage thereon and liability therein, the residual value of a business or property is called equity. Which of the following are also included by term equity ?
A The market value of securities less any debt incurred and common stock and preferred stock
B Funds provided to a business by the sale of stock
C Both of them
D None of them
Correct Answer: Both of them
How is termed the government’s order to prevent the arrival or departure of merchant ships or to restrict import or export of specified or all goods with a foreign nation ?
A Embargo
B Contraband
C Ban
D Restriction
Correct Answer: Embargo
What is Dumping ?
A sale of goods in large quantities with high quality
B Scale of goods in large quantities with low quality
C Scale of goods in large quantities and at low price
D Scale of goods in large quantities with High price
Correct Answer: Scale of goods in large quantities and at low price
Name the scale for measuring the average share price and percentage change of 30 major US industrial companies ?
A Nikki Index
B NASDAQ
C Dow Jones Index
D Major Index
Correct Answer: Dow Jones Index
Term the shared of profits of a joint stock company ?
A Share
B Profit-share
C Dividend
D Margin
Correct Answer: Dividend
Which term is used for fine that is payable for failing to clear goods from a storehouse with in a specific period of time ?
A Demurrage
B Penalty
C Charges
D Fine
Correct Answer: Demurrage
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