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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.

Rate of growth of an economy is measured in terms of________________?

A Per capita income

B Industrial development

C Number of people who have been lifted above the poverty line

D National income

Review Detailed Answer

Correct Answer: National income

Debenture holders of a company are its_______________?

A Shareholders

B Creditors

C Debtors

D Directors

Review Detailed Answer

Correct Answer: Creditors

The smallest unit of ownership of a company is______________?

A A share

B A debenture

C Invest

D Capital

Review Detailed Answer

Correct Answer: A share

Which of the following is not rated by credit rating agencies ?

A Shares

B Debentures and bonds

C Commercial paper

D Government securities

Review Detailed Answer

Correct Answer: Shares

Which of the following payment instruments introduced by the banks is known as plastic money ?

A Bearer cheques

B Credit Cards

C Demand Drafts

D Gift Cheques

Review Detailed Answer

Correct Answer: Credit Cards

Which is the best measure of economic growth of a country ?

A GNP

B GDP

C Net revenue

D None of the above

Review Detailed Answer

Correct Answer: GNP

Hard currency is defined as ?

A Currency traded in foreign exchange market for which demand is persistently relative to the supply

B Currency Which is used in times of war

C Currency which loses its value very fast

D None of these

Review Detailed Answer

Correct Answer: Currency traded in foreign exchange market for which demand is persistently relative to the supply

National income of a country is based on ?

A The taxes earned by the State

B The sum of all factors of income

C Personal incomes of all the citizens

D Surplus of exports over imports

Review Detailed Answer

Correct Answer: The sum of all factors of income

What is more likely to be found in a free market economy than in a planned economy ?

A an even distribution of income

B an incentive to innovate

C a wide range of public goods

D full employment of labor

Review Detailed Answer

Correct Answer: an incentive to innovate

To what does the phrase terms of trade refer ?

A the currency exchange rate

B the difference between the value of visible exports and visible imports

C The government’s policies to increase exports

D the rate at which exports are exchanged for imports

Review Detailed Answer

Correct Answer: the rate at which exports are exchanged for imports

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Economics Mcqs 4423 MCQs [All-Courses]

All Topics 4423

All Topics 4423

Rate of growth of an economy is measured in terms of________________?

Debenture holders of a company are its_______________?

The smallest unit of ownership of a company is______________?

Which of the following is not rated by credit rating agencies ?

Which of the following payment instruments introduced by the banks is known as plastic money ?

Which is the best measure of economic growth of a country ?

Hard currency is defined as ?

National income of a country is based on ?

What is more likely to be found in a free market economy than in a planned economy ?

To what does the phrase terms of trade refer ?