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Economics Mcqs

Pakistan’s fiscal years starts from?

September 9, 2021May 26, 2019 by QuizMaster
Pakistan’s fiscal years starts from?

A. 1st September
B. 1st January
C. 1st April
D. 1st July

Categories Basic of Economics, Economics Mcqs

A tariff______________?

September 9, 2021May 26, 2019 by QuizMaster
A tariff______________?

A. Increase the volume of trade
B. Reduces the volume of trade
C. Has no effect on volume of trade?
D. A and C of above

Categories Basic of Economics, Economics Mcqs

Velocity of circulation of money means ?

September 9, 2021May 26, 2019 by QuizMaster
Velocity of circulation of money means ?

A. The number of times a unit of money changes hands daily
B. The number of times as unit of money changes hands monthly
C. The number of times a unit of money changes hands annually
D. The number of times a unit of money changes value

Categories Basic of Economics, Economics Mcqs

Government of Pakistan issues currency on the basis of__________________?

September 9, 2021May 26, 2019 by QuizMaster
Government of Pakistan issues currency on the basis of__________________?

A. Availability of gold in the country
B. Availability of dollars in the country
C. Demand for money in the country
D. Tax collection

Categories Basic of Economics, Economics Mcqs

Economic development is measured on the basis of ?

September 9, 2021May 26, 2019 by QuizMaster
Economic development is measured on the basis of ?

A. Increase in nominal GNP
B. Increase in real GNP
C. Increase in personal income
D. Increase in government revenue

Categories Basic of Economics, Economics Mcqs

When the stock market is rising it is ?

September 9, 2021May 26, 2019 by QuizMaster
When the stock market is rising it is ?

A. Bearish
B. Bullish
C. Hottest
D. Rising up

Categories Basic of Economics, Economics Mcqs

What would cause a country’s exchange rate to fall ?

September 9, 2021May 26, 2019 by QuizMaster
What would cause a country’s exchange rate to fall ?

A. An increases demand for its exports
B. Increased demand for its imports
C. An increased inflow of capital
D. None of the above

Categories Basic of Economics, Economics Mcqs

The cause of inflation is ?

September 9, 2021May 26, 2019 by QuizMaster
The cause of inflation is ?

A. Increase in money supply
B. Fall in production
C. Increase in money supply and fall in production
D. Decrease in money supply and fall in production

Categories Basic of Economics, Economics Mcqs

According to the law of demand. When ?

September 9, 2021May 26, 2019 by QuizMaster
According to the law of demand. When ?

A. Price increase demand decreases
B. Price decreases demand decreases
C. Price increased demand increases
D. None of these

Categories Basic of Economics, Economics Mcqs

Gross National income is always more than Net National income because it includes ?

September 9, 2021May 26, 2019 by QuizMaster
Gross National income is always more than Net National income because it includes ?

A. Foreign income
B. Capital consumption allowance
C. Indirect taxes
D. Direct taxes

Categories Basic of Economics, Economics Mcqs
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