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Economics Mcqs

What is called the result of a state’s borrowing from its population, from foreign governments or from international institutions ?

What is called the result of a state’s borrowing from its population, from foreign governments or from international institutions ?

A. National debt
B. Public debt
C. Both of them
D. None of them

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Basic of Economics, Economics Mcqs

Term the exclusive right of one or more persons to carry on some branch of trade of manufacture It is a sole power of dealing in something ?

Term the exclusive right of one or more persons to carry on some branch of trade of manufacture It is a sole power of dealing in something ?

A. Encroachment
B. Monotony
C. Unipolarity
D. Monopoly

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Basic of Economics, Economics Mcqs

Termed the written statement which expresses the intention of undersigned to enter into a formal agreement ?

Termed the written statement which expresses the intention of undersigned to enter into a formal agreement ?

A. Letter of intent
B. Letter of Credit
C. Letter of Expression
D. Papers of Landing

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Basic of Economics, Economics Mcqs

Which economics doctrine opposes government regulation or interference in commerce beyond the minimum necessary for a free enterprise system to operate according to its own economics laws and non-interference in affairs of others ?

Which economics doctrine opposes government regulation or interference in commerce beyond the minimum necessary for a free enterprise system to operate according to its own economics laws and non-interference in affairs of others ?

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

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Basic of Economics, Economics Mcqs