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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.

India is the chief exporter of ?

A Mica

B Rubber

C Silver

D Gold

Review Detailed Answer

Correct Answer: Silver

Which country is the chief exporter of jute ?

A Bangladesh

B India

C Both of them

D None of them

Review Detailed Answer

Correct Answer: Both of them

South Africa is the chief exporter of ?

A Coffee

B Copper

C Diamond

D Gold

Review Detailed Answer

Correct Answer: Gold

USA is the chief exporter of ?

A Coal

B Copper

C Cotton

D All of these

Review Detailed Answer

Correct Answer: All of these

Which of the following is not an indirect tax ?

A Income tax

B Sales tax

C Custom duty

D Tariff

Review Detailed Answer

Correct Answer: Sales tax

Pick out the generic term for the securities industry firms that buy sell and underwrite securities ?

A Wall street

B NASDAQ

C Nikkei index

D Yahoo index

Review Detailed Answer

Correct Answer: Wall street

What is called the difference in the value of a nation’s imports over exports or exports over imports ?

A Trade deficit

B Trade simples

C Both a & b

D Not a nor b

Review Detailed Answer

Correct Answer: Both a & b

What is called an additional levy added to some charge ?

A Fine

B Surcharge

C Additional Charged

D Extra charges

Review Detailed Answer

Correct Answer: Extra charges

Which of the following is a form of international reserve assets, created by IMF in 1967 whose value is based on a portfolio of widely used currencies ?

A Special Drawing Right (SDR)

B IMF Drawing Rights (SDR)

C International Drawing Right (IDR)

D Sure, Drawing Rights (SDR)

Review Detailed Answer

Correct Answer: Special Drawing Right (SDR)

Interest that is calculated as a simple percentage of the original principal amount is called ?

A Market interest

B Easy interest

C Compound interest

D Simple interest

Review Detailed Answer

Correct Answer: Simple interest

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Economics Mcqs 4423 MCQs [All-Courses]

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All Topics 4423

India is the chief exporter of ?

Which country is the chief exporter of jute ?

South Africa is the chief exporter of ?

USA is the chief exporter of ?

Which of the following is not an indirect tax ?

Pick out the generic term for the securities industry firms that buy sell and underwrite securities ?

What is called the difference in the value of a nation’s imports over exports or exports over imports ?

What is called an additional levy added to some charge ?

Which of the following is a form of international reserve assets, created by IMF in 1967 whose value is based on a portfolio of widely used currencies ?

Interest that is calculated as a simple percentage of the original principal amount is called ?