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Economics Mcqs

Governmental non-interference in commerce is called ?

September 9, 2021May 26, 2019 by QuizMaster
Governmental non-interference in commerce is called ?

A. Free market economy
B. Laissez faire also Laisser faire
C. Open market economy
D. Liberal market economy

Categories Basic of Economics, Economics Mcqs

What is inflation ?

September 9, 2021May 26, 2019 by QuizMaster
What is inflation ?

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

Categories Basic of Economics, Economics Mcqs

What is Free port ?

September 9, 2021May 26, 2019 by QuizMaster
What is Free port ?

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

Categories Basic of Economics, Economics Mcqs

What is the period called 12-months plan of a country to use its funds ?

September 9, 2021May 26, 2019 by QuizMaster
What is the period called 12-months plan of a country to use its funds ?

A. Fiscal period
B. Calendar year
C. Year unit
D. Fiscal year (FY)

Categories Basic of Economics, Economics Mcqs

Gross Domestic Product (GDP) is__________________?

September 9, 2021May 26, 2019 by QuizMaster
Gross Domestic Product (GDP) is__________________?

A. Value of all economic activity with in a nation’s border
B. Economics output of a country
C. Economic activities of federal government
D. None of these

Categories Basic of Economics, Economics Mcqs

Depression is a drastic decline in a national of international economy It’s characteristic is ?

September 9, 2021May 26, 2019 by QuizMaster
Depression is a drastic decline in a national of international economy It’s characteristic is ?

A. Decreasing business activity
B. Falling prices
C. Unemployment
D. All of these

Categories Basic of Economics, Economics Mcqs

Scale for measuring the average share price and percentage change of 30 major US industrial companies is called ?

September 9, 2021May 26, 2019 by QuizMaster
Scale for measuring the average price and percentage change of 30 major US industrial companies is called ?

A. Nikki Index
B. NASDAQ
C. Dow Jones Index
D. Major Index

Categories Basic of Economics, Economics Mcqs

Reduction in the circulation of money resulting from fall of prices is known as ?

September 9, 2021May 26, 2019 by QuizMaster
Reduction in the circulation of money resulting from fall of prices is known as ?

A. deflation
B. inflation
C. cost effective
D. cost

Categories Basic of Economics, Economics Mcqs

What is called amount of money to purchase the goods and services to maintain life ?

September 9, 2021May 26, 2019 by QuizMaster
What is called amount of money to purchase the goods and services to maintain life ?

A. Cost living
B. Basic requirement
C. Cost of life
D. None of these

Categories Basic of Economics, Economics Mcqs

Name the organization that is managed by those who use its facilities ?

September 9, 2021May 26, 2019 by QuizMaster
Name the organization that is managed by those who use its facilities ?

A. Limited Company
B. Society
C. Corporation
D. Cooperative

Categories Basic of Economics, Economics Mcqs
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