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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 occurs when a firm’s business is terminated Assets are sold, proceeds are used to pay creditors, and any leftovers are distributed to shareholders ?

A Solvency

B Crash

C Bankruptcy

D Liquidation

Review Detailed Answer

Correct Answer: Liquidation

Keynesian economics is an economic theory of British economist John Maynard. What this theory states ?

A A free market is necessary for economic growth and stability

B Regulation is necessary for economic growth and stability

C Active government intervention is necessary to ensure economic growth and stability

D Government intervention is not necessary to ensure economic growth and stability

Review Detailed Answer

Correct Answer: Active government intervention is necessary to ensure economic growth and stability

Which form of business organization falls between a corporation and partnership ?

A joint company

B Joint stock company

C Limited joint company

D Limited Company

Review Detailed Answer

Correct Answer: Joint stock company

Who is insolvent_______________?

A A firm that is unable to pay debts

B A firm that is liquidated

C A firm that is for sale

D A firm that has more liabilities than assets

Review Detailed Answer

Correct Answer: A firm that is unable to pay debts

Which money is called Hot money ?

A That moves across country borders in response to interest rate differences

B That moves away when the interest rate differential

C Both of them

D None of them

Review Detailed Answer

Correct Answer: Both of them

What is called that legal process through which a company receives a charter and state in which it is based allows it to operate as corporation ?

A Going legal

B Book corporation

C Chartered corporation

D Incorporation

Review Detailed Answer

Correct Answer: Incorporation

What is called the excess of purchase price over fair market value of net assets that are acquired under the purchase method of accounting ?

A Bonus

B Up level

C Goodwill

D Upgradation

Review Detailed Answer

Correct Answer: Goodwill

What is called when a private company first offers shares to the public market and investors ?

A Public offering

B Public floating

C going public

D Coming public

Review Detailed Answer

Correct Answer: going public

Which exchange rate system is characterized by the absence of government intervention ?

A Free float

B Clean float

C Both of them

D None of them

Review Detailed Answer

Correct Answer: Both of them

By which process the holder of a mortgage seizes the property of a homeowner who has not made interest and or principal payments on time as stipulated in the mortgage contract ?

A Foreclosure

B Default

C Bankrupt

D None of these

Review Detailed Answer

Correct Answer: Foreclosure

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Economics Mcqs 4423 MCQs [All-Courses]

All Topics 4423

All Topics 4423

What occurs when a firm’s business is terminated Assets are sold, proceeds are used to pay creditors, and any leftovers are distributed to shareholders ?

Keynesian economics is an economic theory of British economist John Maynard. What this theory states ?

Which form of business organization falls between a corporation and partnership ?

Who is insolvent_______________?

Which money is called Hot money ?

What is called that legal process through which a company receives a charter and state in which it is based allows it to operate as corporation ?

What is called the excess of purchase price over fair market value of net assets that are acquired under the purchase method of accounting ?

What is called when a private company first offers shares to the public market and investors ?

Which exchange rate system is characterized by the absence of government intervention ?

By which process the holder of a mortgage seizes the property of a homeowner who has not made interest and or principal payments on time as stipulated in the mortgage contract ?