A. To increase price artificially
B. Maintenance of price through public subsidy or government intervention
C. To enhance price
D. To maintain price at specific level
What is price support ? Read More »
Basic of Economics, Economics Mcqs A. Unlawful agreement between manufacturers to set and maintain specified price on typically competing products
B. Artificial setting of price of commodity by government
C. Both of them
D. None of them
Point out the use of the term price fixing ? Read More »
Basic of Economics, Economics Mcqs A. In which economists control production
B. In which production and distribution of wealth is under government’s control
C. In which technocrats control production
D. In which government controls distribution
The economics system planned economy is ? Read More »
Basic of Economics, Economics Mcqs A. Open door market
B. Open door country
C. Open sky market
D. Free economy
A. National income
B. Public income
C. Local income
D. Gross income
A. combine fund
B. Mutual fund
C. Liquid fund
D. Stock holding company
A. Multinational corporation
B. Multinational company
C. Both of them
D. None of them
A. Farming practice of growing a single crop
B. Homogeneous Nations
C. Homogeneous market
D. Homogeneous business
A. Market Economy
B. Free Market
C. Both of them
D. None of them
A. Macroeconomics
B. Gross economics
C. Mega economics
D. Micro economics
What is called the overall study of aspects and working of a national economy ? Read More »
Basic of Economics, Economics Mcqs