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.
| 351. |
Interest payments and any principal repayments which are due on a country’s external debt are known as ? |
| A. | Debt Payment |
| B. | Service Charges |
| C. | Debt Charges |
| D. | Debt service |
| Answer» E. | |
| 352. |
What is called increased demand for a limited supply of goods and service result of which is increase in consumer prices ? |
| A. | Demand push |
| B. | Demand pulls |
| C. | Cost pull |
| D. | Demand supply |
| Answer» C. Cost pull | |
| 353. |
Trade name is ? |
| A. | Used to identify a commercial product or service |
| B. | By which commodity service or process is known to trade |
| C. | Under which a business firm operates |
| D. | All of them |
| Answer» E. | |
| 354. |
Government borrows in the form of promissory note to repay the bearer after some fixed days from the date of issue. How is called such borrowing ? |
| A. | Bond |
| B. | Treasury bill |
| C. | Term bound |
| D. | Securities |
| Answer» C. Term bound | |
| 355. |
An adjustment is made in wages that corresponds with the change in the cost of living. What this adjustment is called ? |
| A. | Free adjustment |
| B. | Cost effective adjustment |
| C. | Comparative adjustment |
| D. | Cost of living adjustment |
| Answer» E. | |
| 356. |
What is referred by cost push inflation ? |
| A. | Decreased production costs drive prices up |
| B. | Decreased production costs drive prices down |
| C. | increased production costs drive prices down |
| D. | increased production costs drive prices up |
| Answer» E. | |
| 357. |
The sole legal right to print or publish anything which belongs to the author or his assignees is called ? |
| A. | Property right |
| B. | Sole right |
| C. | Copyright |
| D. | Right |
| Answer» D. Right | |
| 358. |
Amount of money needed to purchase the goods and services required to maintain a certain standard of living called ? |
| A. | Cost of living |
| B. | Basic requirement |
| C. | Cost of life |
| D. | None of the above |
| Answer» B. Basic requirement | |
| 359. |
What meant by excise ? |
| 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 these |
| D. | None of the above |
| Answer» D. None of the above | |
| 360. |
How is termed the government’s order to prevent the arrival or departure of merchant ships or to restrict import or export of specified or all goods with a foreign nation ? |
| A. | Embargo |
| B. | Contraband |
| C. | Ban |
| D. | Restriction |
| Answer» B. Contraband | |
| 361. |
A detailed, itemized list, report or record or things in one’s possession or the process of making such a list, or items listed in this list, or the stock, is called inventory. Which of the following is also inventory ? |
| A. | List of stock a company own |
| B. | List of assets of a corporation |
| C. | Total obligation of a firm |
| D. | An evaluation or a survey, as of abilities or resources |
| Answer» E. | |
| 362. |
Inflation is ? |
| A. | Increase in the amount of circulating money |
| B. | Lowering of purchasing power |
| C. | Decrease in the amount of circulation money |
| D. | None of the above |
| Answer» B. Lowering of purchasing power | |
| 363. |
Because of the decrease in the value of money, there comes exaggerated increase in incomes and prices. How is termed this system ? |
| A. | Hyperinflation |
| B. | Ultra-inflation |
| C. | A cute inflation |
| D. | Super inflation |
| Answer» B. Ultra-inflation | |
| 364. |
What is referred by the hard currency ? |
| A. | Any currency backed by gold or silver bullion rather than credit |
| B. | Stable currency value of which does not fluctuate greatly |
| C. | Both of them |
| D. | None of them |
| Answer» D. None of them | |
| 365. |
Unlike a black market, what is called a system of secretly selling or trading commodities which is not necessarily illegal ? |
| A. | Grey market |
| B. | White market |
| C. | Red market |
| D. | Open market |
| Answer» B. White market | |
| 366. |
There are certain products which are sold without brand name or trademark What these products are called ? |
| A. | Generic |
| B. | Forged goods |
| C. | Contraband |
| D. | Clean goods |
| Answer» B. Forged goods | |
| 367. |
Which term is used for the total net value of all goods and services produced in a country in specified period of time ? |
| A. | National income |
| B. | Public income |
| C. | Local income |
| D. | Gross income |
| Answer» B. Public income | |
| 368. |
Monoculture is ? |
| A. | Farming practice of growing a single crop |
| B. | Homogeneous Nations |
| C. | Homogeneous market |
| D. | Homogeneous business |
| Answer» B. Homogeneous Nations | |
| 369. |
How is known the process in which an investment company continually offers new shares and buys existing shares back on demand and uses its capital to invest in diversified securities of other companies ? |
| A. | combine fund |
| B. | Mutual fund |
| C. | Liquid fund |
| D. | Stock holding company |
| Answer» C. Liquid fund | |
| 370. |
A company or corporation which was subsidiaries, investments or operation in more than one country is known as ? |
| A. | Multinational corporation |
| B. | Multinational company |
| C. | Both of them |
| D. | None of them |
| Answer» D. None of them | |
| 371. |
What is called the market in which forces of demand and supply are not in the control of government ? |
| A. | Market Economy |
| B. | Free Market |
| C. | Both of them |
| D. | None of them |
| Answer» D. None of them | |
| 372. |
What is called the overall study of aspects and working of a national economy ? |
| A. | Macroeconomics |
| B. | Gross economics |
| C. | Mega economics |
| D. | Micro economics |
| Answer» B. Gross economics | |
| 373. |
What is the rate of exchange or exchange rate ? |
| A. | Power to buy foreign currency |
| B. | Foreign currency holding |
| C. | Ratio at which unit of one country’s currency is exchanged for unit of another country currency |
| D. | None of them |
| Answer» D. None of them | |
| 374. |
Which term is used for a country’s holdings of intentionally acceptable means of payment ? |
| A. | Holdings |
| B. | Reserves |
| C. | Foreign currency |
| D. | Treasure |
| Answer» C. Foreign currency | |
| 375. |
What is comprised by public sector ? |
| A. | Public corporations |
| B. | Central and local government |
| C. | Nationalized industries |
| D. | All of them |
| Answer» E. | |
| 376. |
What is called the advocacy of protecting 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 | |
| 377. |
Which of the following is a price that is equal to the face value of a security ? |
| A. | Balanced |
| B. | At Equilibrium |
| C. | At Par |
| D. | None of them |
| Answer» D. None of them | |
| 378. |
How is termed a written promise to pay back a specified sum of money at a stated time or on demand ? |
| A. | Promissory Note (PN) |
| B. | Note of hand |
| C. | Both of them |
| D. | None of them |
| Answer» D. None of them | |
| 379. |
What is underwriter ? |
| A. | To assume financial responsibility for grantee against failure |
| B. | To sign so as to assume liability in case of specified losses |
| C. | To guarantee the purchase or to agree to buy the unsold part of stock at fixed time and price |
| D. | All of them |
| Answer» E. | |
| 380. |
What is referred by the Working capital ? |
| A. | Assets of business that can be applied to its operation |
| B. | Amount of current assets that exceeds current liabilities |
| C. | Both of them |
| D. | None of them |
| Answer» D. None of them | |
| 381. |
What is called a check that is returned by a bank because it is not payable, usually because of insufficient funds ? |
| A. | Bounce |
| B. | Return |
| C. | Grossed |
| D. | Refused |
| Answer» B. Return | |
| 382. |
A bank deposit, that cannot be withdrawn before the date which is specified at the time of deposit, is called ? |
| A. | Bond deposit |
| B. | term deposit |
| C. | time deposit |
| D. | Fixed investment |
| Answer» C. time deposit | |
| 383. |
Term a country’s decision to tie the value of its currency to another country’s currency gold or a basket of currencies ? |
| A. | Pagged exchanged rate |
| B. | Fixed exchange rate |
| C. | Relative exchange rate |
| D. | Knotted exchange rate |
| Answer» C. Relative exchange rate | |
| 384. |
Where ‘Nikkei Stock average’ applies ? |
| A. | Mainly to Korean equities |
| B. | Mainly to international equities |
| C. | Mainly to Japanese equities |
| D. | Mainly to US equities |
| Answer» C. Mainly to Japanese equities | |
| 385. |
A market in which prices are in an upward trend is known as ? |
| A. | Bull market |
| B. | Beamish market |
| C. | Upward market |
| D. | Hot market |
| Answer» B. Beamish market | |
| 386. |
Capital Flight from a country is called ? |
| A. | removal of individual and corporate investment |
| B. | removal of capital drain |
| C. | removal of income |
| D. | All of these |
| Answer» E. | |
| 387. |
What is called that market in which supply overwhelms demand ? |
| A. | Deflated market |
| B. | Depressed market |
| C. | Bearish market |
| D. | Weak market |
| Answer» C. Bearish market | |
| 388. |
In the context of equities What is called a firm with two divisions that may split into two companies and issue original shareholders two shares for every old share they have ? |
| A. | Spreadsheet |
| B. | Splinter |
| C. | Family growth |
| D. | Butterfly |
| Answer» E. | |
| 389. |
What is called when a private company first offers shares to the public market and investors ? |
| A. | Public offering |
| B. | Public floating |
| C. | going public |
| D. | Coming public |
| Answer» D. Coming public | |
| 390. |
Which statistical factor is used to convert current currency purchasing power into inflation adjusted purchasing power ? |
| A. | Deflector |
| B. | Purchasing power parity |
| C. | Inflator |
| D. | Deflation |
| Answer» B. Purchasing power parity | |
| 391. |
Which of the following is referred by the Debt retirement ? |
| A. | To write-off debt |
| B. | To reschedule debt |
| C. | To repay debt in easy installments |
| D. | The complete repayment of debt |
| Answer» E. | |
| 392. |
Failure to make timely payment of interest or principal on a debt security or to otherwise comply with the provisions of a bound indenture is called ? |
| A. | Rolling debt |
| B. | Bad debt |
| C. | Rescheduling |
| D. | Default |
| Answer» E. | |
| 393. |
What is called the excess of purchase price over fair market value of net assets that are acquired under the purchase method of accounting ? |
| A. | Bonus |
| B. | Up level |
| C. | Goodwill |
| D. | Upgradation |
| Answer» D. Upgradation | |
| 394. |
By which process the holder of a mortgage seizes the property of a homeowner who has not made interest and or principal payments on time as stipulated in the mortgage contract ? |
| A. | Foreclosure |
| B. | Default |
| C. | Bankrupt |
| D. | None of these |
| Answer» B. Default | |
| 395. |
Which exchange rate system is characterized by the absence of government intervention ? |
| A. | Free float |
| B. | Clean float |
| C. | Both of them |
| D. | None of them |
| Answer» D. None of them | |
| 396. |
What occurs when a firm’s business is terminated Assets are sold, proceeds are used to pay creditors, and any leftovers are distributed to shareholders ? |
| A. | Solvency |
| B. | Crash |
| C. | Bankruptcy |
| D. | Liquidation |
| Answer» E. | |
| 397. |
What is called the difference in the value of a nation’s imports over exports or exports over imports ? |
| A. | Trade deficit |
| B. | Trade simples |
| C. | Both a & b |
| D. | Not a nor b |
| Answer» D. Not a nor b | |
| 398. |
Which of the following is rate of interest the major international banks charge each other for borrowings ? |
| A. | New York Interbank Offered Rates (NIBOR) |
| B. | international Interbank Offered Rates (IOBOR) |
| C. | London Interbank Offered Rate (LIBOR) |
| D. | USA Interbank Offered Rate (UIBOR) |
| Answer» D. USA Interbank Offered Rate (UIBOR) | |
| 399. |
Percentage of total industry sales that a particular company controls is called ? |
| A. | Lion’s share |
| B. | Market share |
| C. | Net share |
| D. | Holding share |
| Answer» C. Net share | |
| 400. |
What is called an additional levy added to some charge ? |
| A. | Fine |
| B. | Surcharge |
| C. | Additional Charged |
| D. | Extra charges |
| Answer» E. | |