A. National income
B. Domestic income
C. Protection Income
D. Per capita Income
Term the average income of the people of a country during a year ? Read More »
Basic of Economics, Economics Mcqs A. Local currency
B. Cold currency
C. Lime currency
D. Soft currency
Currency that is expected to drop in value relative to other currencies is called ? Read More »
Basic of Economics, Economics Mcqs A. Sales Tax
B. General Tax
C. Local Tax
D. Gross Tax
A. Public corporations
B. Central and local government
C. Nationalized Industries
D. All of them
What is public sector ? Read More »
Basic of Economics, Economics Mcqs A. Poverty level
B. Poverty line
C. Both of them
D. None of them
A. State’s borrowing from its population
B. State’s borrowing from foreign government
C. state’s borrowing from international institution
D. All of these
What is National debt or public debt ? Read More »
Basic of Economics, Economics Mcqs A. Free market economy
B. Laissez faire also Laisser faire
C. Open market economy
D. Liberal market economy
Governmental non-interference in commerce is called ? Read More »
Basic of Economics, Economics Mcqs A. Increase in the amount of circulating money
B. Lowering of purchasing power
C. Decrease in the amount of circulation money
D. None of these
What is inflation ? Read More »
Basic of Economics, Economics Mcqs A. Where no export duties are levied
B. Where no import duties are levied
C. Where no export or import duties are levied
D. Where everything can be import or export
What is Free port ? Read More »
Basic of Economics, Economics Mcqs A. Total debt
B. Debt burden
C. National liabilities
D. External debt
What is called a country’s total financial obligations to the rest of the world ? Read More »
Basic of Economics, MCQs / Q&A