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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.

What is called amount of money to purchase the goods and services to maintain life ?

A Cost living

B Basic requirement

C Cost of life

D None of these

Review Detailed Answer

Correct Answer: Basic requirement

Name the organization that is managed by those who use its facilities ?

A Limited Company

B Society

C Corporation

D Cooperative

Review Detailed Answer

Correct Answer: Cooperative

Who is called Father of Economics ?

A Adam smith

B David Ricardo

C David smith

D Adam Ricardo

Review Detailed Answer

Correct Answer: Adam smith

Central bank of Pakistan is ________________?

A State Bank

B National Bank

C Both of them

D None of them

Review Detailed Answer

Correct Answer: State Bank

Capital Flight from a country is called ?

A removal of individual and corporate investment

B removal of capital drain

C removal of income

D All of these

Review Detailed Answer

Correct Answer: All of these

Estimated income and plane for expenditure is called Budget. What is Budget deficit ?

A Less Public spending than amount of revenue corporation

B Balance between public spending and amount of revenue

C More public spending than amount of revenue

D None of them

Review Detailed Answer

Correct Answer: More public spending than amount of revenue

What is called the stock that sells at a high price ?

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

What is called the situation in which a debtor remains unable to pay his creditors in full ?

A Bankruptcy

B Default

C Total loss

D Crash

Review Detailed Answer

Correct Answer: Bankruptcy

Of which item’s chief exporter is Indonesia ?

A Gold

B Silver

C Wheat

D Sugar

Review Detailed Answer

Correct Answer: Sugar

Malaysia is the chief exporter of ?

A Jute

B Diamond

C Tin

D Rubber

Review Detailed Answer

Correct Answer: Rubber

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Economics Mcqs 4423 MCQs [All-Courses]

All Topics 4423

All Topics 4423

What is called amount of money to purchase the goods and services to maintain life ?

Name the organization that is managed by those who use its facilities ?

Who is called Father of Economics ?

Central bank of Pakistan is ________________?

Capital Flight from a country is called ?

Estimated income and plane for expenditure is called Budget. What is Budget deficit ?

What is called the stock that sells at a high price ?

What is called the situation in which a debtor remains unable to pay his creditors in full ?

Of which item’s chief exporter is Indonesia ?

Malaysia is the chief exporter of ?