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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

A tax which is paid by the person on whom the tax is incident is called a ?
A Local tax
B Indirect tax
C Direct tax
D Rate
Correct Answer: Direct tax
Who is a “Lame Duck” in a stock market ?
A A new investor
B A old investor
C A member of the stock exchange who cannot meet his obligations
D None of the above
Correct Answer: A member of the stock exchange who cannot meet his obligations
Which company holds the world record for having the maximum number of shareholders ?
A Reliance Industries Ltd.
B British Gas
C General Motors
D State Bank
Correct Answer: Reliance Industries Ltd.
Devaluation of currency helps to promote ?
A National income
B Saving
C Imports at lower cost
D Exports
Correct Answer: Exports
If saving exceeds investment the national income will ?
A Fall
B Rise
C Fluctuate
D Remain constant
Correct Answer: Remain constant
Which function is performed by both commercial banks and central banks ?
A Acting as bankers to the government
B Advising the government on monetary policy
C Dealing in foreign exchange
D Fixing the main interest rate
Correct Answer: Dealing in foreign exchange
What is Black Money ?
A Income on which payment of tax is usually evaded
B Illegally earned money
C Money earned through underhand deals
D None of these
Correct Answer: Income on which payment of tax is usually evaded
The most industrialized country in Asia is ?
A Japan
B South Korea
C Taiwan
D Malaysia
Correct Answer: Japan
What can a central bank increase in order to reduce consumer borrowing ?
A commercial bank deposits
B government bank deposits
C government spending
D interest rates
Correct Answer: interest rates
Which of the following is an example of government policy that could reduce inflation ?
A increasing bank lending
B increasing import duties
C reducing government expenditure
D None of these
Correct Answer: reducing government expenditure
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