MCQOPTIONS
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MCQOPTIONS
This section includes 431 Mcqs, each offering curated multiple-choice questions to sharpen your Economics Mcqs knowledge and support exam preparation. Choose a topic below to get started.
| 201. |
Which economics term describes the takeover of one textile manufactures by another ? |
| A. | Diversification |
| B. | horizontal integration |
| C. | monopoly |
| D. | vertical integration |
| Answer» C. monopoly | |
| 202. |
What is more likely to be found in a free market economy than in a planned economy ? |
| A. | an even distribution of income |
| B. | an incentive to innovate |
| C. | a wide range of public goods |
| D. | full employment of labor |
| Answer» C. a wide range of public goods | |
| 203. |
What is called protection of domestic producers by impeding or limiting the importation of foreign goods and services ? |
| A. | Domestication |
| B. | Protectionism |
| C. | Localization |
| D. | National interest |
| Answer» C. Localization | |
| 204. |
Who among the following is most benefited from inflation ? |
| A. | Government pensioners |
| B. | Creditors |
| C. | Savings Bank Account holders |
| D. | Debtors |
| Answer» E. | |
| 205. |
What do you understand by Laissez faire ? |
| A. | Active intervention |
| B. | Sound commercial affairs |
| C. | Interference by the state in law and order |
| D. | None of these |
| Answer» D. None of these | |
| 206. |
Which is the oldest stock exchange of the world ? |
| A. | New York stock exchange |
| B. | Tokyo stock exchange |
| C. | London stock exchange |
| D. | None of them |
| Answer» D. None of them | |
| 207. |
A very rapid growth in prices in which money loses its value to the point where even barter may be preferable is known as ? |
| A. | Inflation |
| B. | Hyper-inflation |
| C. | Deflation |
| D. | Disinflation |
| Answer» C. Deflation | |
| 208. |
Term the group of countries that have removed all restrictions on trade among themselves? |
| A. | Close-Trade zone |
| B. | Free-trade zone |
| C. | Both of them |
| D. | None of them |
| Answer» D. None of them | |
| 209. |
Market in which forces of demand and supply are not in the control of government is called ? |
| A. | Market Economy |
| B. | Free Market |
| C. | Both of them |
| D. | None of them |
| Answer» D. None of them | |
| 210. |
In Planned economy’ Production and distribution of Wealth is under control of_____________? |
| A. | Private sector |
| B. | Government |
| C. | Bank |
| D. | None of the above |
| Answer» B. Government | |
| 211. |
Term the rules and particles that govern the management of an organization ? |
| A. | Internal laws |
| B. | By laws |
| C. | Character |
| D. | Memorandum of articles |
| Answer» C. Character | |
| 212. |
Restriction on import or export of specified or all goods with a foreign nation by the Government is called ? |
| A. | Embargo |
| B. | Contraband |
| C. | Ban |
| D. | Restriction |
| Answer» B. Contraband | |
| 213. |
Barter is the trade of goods or services with ? |
| A. | free exchange of money |
| B. | exchange of services |
| C. | exchange of goods and services |
| D. | None of them |
| Answer» D. None of them | |
| 214. |
What is called the reduction in the rate of a currency |
| A. | Devolution |
| B. | Devaluation |
| C. | Price cap |
| D. | Cut-rate |
| Answer» C. Price cap | |
| 215. |
Which kind of Tax is Federal subject ? |
| A. | Excise Tax |
| B. | Property Tax |
| C. | Zakat |
| D. | General Sales Tax |
| Answer» E. | |
| 216. |
Downsizing is ? |
| A. | to make in a smaller size |
| B. | to make in actual size |
| C. | To make in half size |
| D. | None of these |
| Answer» B. to make in actual size | |
| 217. |
What is Debt Service ? |
| A. | Interest payments on external debts |
| B. | repayments of external debt |
| C. | none of these |
| D. | Both of them |
| Answer» E. | |
| 218. |
Which country is the chief exporter of Tin ? |
| A. | Malaysia |
| B. | China |
| C. | Russia |
| D. | USA |
| Answer» B. China | |
| 219. |
“Term bond” are bonds whose principle is payable at maturity. What does mean by Term certificate? |
| A. | A bond with a longer time to maturity |
| B. | A certificate of deposit whose principal is payable at maturity |
| C. | A certificate of deposit with a shorter time to maturity |
| D. | certificate of deposit with a longer time to maturity |
| Answer» C. A certificate of deposit with a shorter time to maturity | |
| 220. |
Mention the name for economic theory that the support of business that allows them to flourish will eventually benefit middle- and lower-income people in the form of increased economic activity and reduced unemployment? |
| A. | End benefit |
| B. | Trickle down |
| C. | Free market |
| D. | Capitalism |
| Answer» C. Free market | |
| 221. |
Mention an electronic quotation system in USA that provides price quotations to market participants about more actively traded common stock issues in OTC market ? |
| A. | National Association of Securities Dealers Automatic Quotation system (Nasdaq) |
| B. | New York Stock Exchange |
| C. | Wall Street |
| D. | Nikkei Stock Average |
| Answer» B. New York Stock Exchange | |
| 222. |
Which of the following is referred by principle ? |
| A. | Total amount of money being borrowed or lent |
| B. | Party affected by agent decision in a principal agent relationship |
| C. | Both of them |
| D. | None of them |
| Answer» D. None of them | |
| 223. |
Of which mineral’s chief exporter is Mexico ? |
| A. | Tin |
| B. | Silver |
| C. | Aluminum |
| D. | Gold |
| Answer» C. Aluminum | |
| 224. |
Term a tax that is levied by a country of source on income paid, usually on dividends remitted to the home country of the firm operating in a foreign country? |
| A. | Wealth tax |
| B. | Withholding tax |
| C. | Income tax |
| D. | None of these |
| Answer» C. Income tax | |
| 225. |
Which of the following is called a wholly or partially owned company what is the part of the large corporation? |
| A. | Baby company |
| B. | Child company |
| C. | Small holding |
| D. | Subsidiary |
| Answer» C. Small holding | |
| 226. |
A central bank or monetary authority hold foreign currency for the purpose of exchange intervention and the settlement of intergovernmental claims. Term the currency ? |
| A. | Reserve currency |
| B. | Hot currency |
| C. | Pegged currency |
| D. | Hard currency |
| Answer» B. Hot currency | |
| 227. |
There is a decentralized market where geographically dispersed dealers are linked by telephones and computer screens. The market is for securities not listed on a stock or bond exchange. Name the market ? |
| A. | Grey market |
| B. | Over-the counter (OTC) |
| C. | Open market |
| D. | Back market |
| Answer» C. Open market | |
| 228. |
Name a market that is characterized by a small number of producers who often act together to control the supply of a particular good and its market price ? |
| A. | Oligopoly |
| B. | Monopoly |
| C. | Oligopsony |
| D. | Grey market |
| Answer» B. Monopoly | |
| 229. |
Possibility of negative events or changes in the business climate of country is called? |
| A. | Domestic risk |
| B. | Political risk |
| C. | National risk |
| D. | Country risk |
| Answer» C. National risk | |
| 230. |
What are called goods that satisfy human wants through their direct use ? |
| A. | cash goods |
| B. | consumer items |
| C. | consumer goods |
| D. | cash items |
| Answer» D. cash items | |
| 231. |
A country’s fundamental system of transportation, communications, and other aspects of its physical capabilities are called ? |
| A. | Infrastructure |
| B. | Basic structure |
| C. | Fundamentals |
| D. | Basic infrastructure |
| Answer» B. Basic structure | |
| 232. |
What is called degree of buyer’s responsiveness to price changes ? |
| A. | Production & Supply |
| B. | Demand push Supply |
| C. | Demand & Supply |
| D. | Demand pull supply |
| Answer» D. Demand pull supply | |
| 233. |
Name a corporation that owns enough voting stock in another firm to control management and operations by influencing of electing its board of directors ? |
| A. | Mother company |
| B. | Father company |
| C. | Holding company |
| D. | joint company |
| Answer» D. joint company | |
| 234. |
China is the chief exporter of_______________? |
| A. | Rubber |
| B. | Manganese’s |
| C. | Rice |
| D. | Gold |
| Answer» D. Gold | |
| 235. |
Mention a mutual fund that is invested primarily in stocks with a history of and future potential for capital gains ? |
| A. | Common fund |
| B. | Stock fund |
| C. | Growth fund |
| D. | Capital growth fund |
| Answer» D. Capital growth fund | |
| 236. |
Term a large payment to a senior employee who is forced into retirement or fired as a result of takeover or similar development ? |
| A. | Golden bonus |
| B. | Golden shake hand |
| C. | Friendly handshake |
| D. | Golden handshake |
| Answer» E. | |
| 237. |
The French term Bourse refers to_________________? |
| A. | A big company |
| B. | Stock market |
| C. | Joint-stock |
| D. | A multinational company |
| Answer» C. Joint-stock | |
| 238. |
From the sale of capital assets tax is levied on profits. What this tax is called ? |
| A. | Profit tax |
| B. | Capital gains tax |
| C. | Excise duty |
| D. | Capital tax |
| Answer» C. Excise duty | |
| 239. |
What is called the acquisition abroad of physical assets with operating control that resides in parent corporation ? |
| A. | Fixed Direct Investment |
| B. | Foreign Direct Investment (FDI) |
| C. | Foreign Investment |
| D. | Remote Foreign Investment |
| Answer» C. Foreign Investment | |
| 240. |
By the way of an underwriter, the sale of a new security is issued to the public a transaction that must be registered with the securities and exchange commission. How is know this process ? |
| A. | Registering |
| B. | Going public |
| C. | Debuting |
| D. | Public offering |
| Answer» E. | |
| 241. |
Term a tax or duty rebate on imported goods that are exported at a later date ? |
| A. | Duty |
| B. | Custom |
| C. | Rebut |
| D. | Drawback |
| Answer» E. | |
| 242. |
Deregulation is the reduction of government’s role in controlling markets. Which of the following is result(s) of deregulation ? |
| A. | Lead to freer market |
| B. | Lead to a more efficient marketplace |
| C. | Both of them |
| D. | None of them |
| Answer» D. None of them | |
| 243. |
Term a film that is engaged in two or more unrelated businesses ? |
| A. | Conglomerate |
| B. | Multinational |
| C. | giant |
| D. | Incorporation |
| Answer» B. Multinational | |
| 244. |
Mention the theory of inflation or price increase that results from so-called excess demand ? |
| A. | Demand curve theory |
| B. | Cost-push inflation |
| C. | Demand-pull inflation |
| D. | Demand push inflation |
| Answer» D. Demand push inflation | |
| 245. |
What is called that executive who is brought in to turn a company around and make it profitable ? |
| A. | Savior |
| B. | Company doctor |
| C. | Super manager |
| D. | Manager doctor |
| Answer» E. | |
| 246. |
Which of the following is Price of the last transaction of a particular stock completed during a day’s trading session on an exchange ? |
| A. | Night Price |
| B. | Closing Price |
| C. | End price |
| D. | Final price |
| Answer» C. End price | |
| 247. |
Which of the following is indicated by the term unemployed ? |
| A. | Employed only part time when one needs full time employment |
| B. | Inadequately employed |
| C. | Note fully used or employed |
| D. | All of them |
| Answer» E. | |
| 248. |
Estimated value that is added to a product or material to each stage, of its manufacture or distribution, is known as ? |
| A. | Value addition |
| B. | Excise |
| C. | Value added |
| D. | Tax on stage |
| Answer» D. Tax on stage | |
| 249. |
Name the price at which the issuer of a bond may retire part of the pond at a specified call date ? |
| A. | Call price |
| B. | Bid price |
| C. | Term Price |
| D. | Future Price |
| Answer» B. Bid price | |
| 250. |
Which market is called Bear market ? |
| A. | Market with upward and stock prices. |
| B. | Market with a prolonged period of falling stock prices |
| C. | A very big market |
| D. | A very big industrial market |
| Answer» C. A very big market | |