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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

Two countries can gain from foreign trade if ?
A Cost ratios are different
B Tariff rates are different
C Price ratios are different
D A and C of above
Correct Answer: A and C of above
Which of the following is a valid currency______________?
A Promissory note
B Currency note
C Exchange rate
D Bank cheque
Correct Answer: Currency note
From each according to his ability to each according to his need is the theoretical slogan of ?
A Feudal System
B Capitalist System
C Fascist System
D Communist System
Correct Answer: Communist System
Exchange rate of which of the following currencies falls because of persistent balance of payments deficit ?
A Gold currency
B Hard currency
C Silver currency
D Soft currency
Correct Answer: Soft currency
Oil is measured in barrels. What is the abbreviation for barrels________________?
A Brl
B Bel
C Bbl
D Obl
Correct Answer: Bbl
Commercial policy means_______________?
A Policy about markets
B Policy about money supply
C Policy about imports and exports
D Policy of controlling of prices of goods
Correct Answer: Policy about imports and exports
Which city in Germany has the distinction of housing the first car manufacturing plant in the world ?
A Frankfurt
B Bonn
C Berlin
D Stuttgart
Correct Answer: Bonn
Balance of payments of a country includes ?
A Balance of trade
B Capital receipts and payments
C Savings and investment account
D A and B of above
Correct Answer: A and B of above
Which of the following is not a function of a commercial bank?
A Accepting public deposits
B Granting loan and advances
C Undertaking agency functions
D Banker to the government
Correct Answer: Banker to the government
The bank established for loans to very small enterprises in Pakistan is called_______________?
A Micro Finance Bank
B Moderba Bank
C SME- Bank
D First MINI Bank
Correct Answer: Micro Finance Bank
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