A. Private sector
B. Government
C. Bank
D. None of the above
A. Market Economy
B. Free Market
C. Both of them
D. None of them
A. Payment made for the use of another person’s money
B. Payment made for the use of bank’s money
C. in profit
D. Devaluation in the Currency
Interest is______________? Read More »
Basic of Economics, Economics Mcqs A. Close-Trade zone
B. Free-trade zone
C. Both of them
D. None of them
A. Gross Domestic Product (GOP)
B. Gross National output (GNO)
C. Gross National product (GNP)
D. Gross National Output
During a given period how the economic activity of a nation is measured? Read More »
Basic of Economics, Economics Mcqs A. Open trade
B. Free trade
C. Open sky trade
D. Easy trade
A. Four Dragons
B. Little Tigers
C. Four Tigers
D. All of these
Group of Singapore, Hong, Kong, Taiwan, and south Korea is called? Read More »
Basic of Economics, Economics Mcqs A. Floor price
B. Fixed price
C. Bid Price
D. Basic Price
A. A tax levied on certain articles produced and consumed in a country
B. A licensing charge or a fee levied for certain privileges
C. Both of them
D. None of them
What is meant by excise? Read More »
Basic of Economics, Economics Mcqs A. Embargo
B. Contraband
C. Ban
D. Restriction
