

MCQOPTIONS
This section includes 189 Mcqs, each offering curated multiple-choice questions to sharpen your Economics Mcqs knowledge and support exam preparation. Choose a topic below to get started.
1. |
What country is the second most covered by forests ? |
A. | French Guiana |
B. | Suriname |
C. | Solomon Islands |
D. | Gabon |
Answer» D. Gabon | |
2. |
The highest grade of coal whose surface is shining and has the highest calorific value is ? |
A. | Lignite |
B. | Peat |
C. | Bituminous |
D. | Anthracite |
Answer» E. | |
3. |
Which one of the following was the most important condition for the growth of the early cities ? |
A. | Discoveries of new trades |
B. | Increase in population |
C. | Surplus food production |
D. | Technological innovations |
Answer» B. Increase in population | |
4. |
Which situation has contributed most recent Japanese economic growth ? |
A. | The Japanese government has place limits on Japanese exports |
B. | Japanese industries spend very little on the research and development of new products |
C. | The Japanese government and Japanese businesses have cooperated with each other |
D. | Japanese citizens save less of their incomes than the citizens of other industrialized nation do |
Answer» D. Japanese citizens save less of their incomes than the citizens of other industrialized nation do | |
5. |
One principle in the theory of mercantilism is that colonies should be_____________? |
A. | granted independence as soon as possible |
B. | Considered an economic burden for the colonial power |
C. | encouraged to develop their own industries |
D. | acquired as markets and sources of raw materials |
Answer» E. | |
6. |
Which factor best accounts for the existence of cash-crop production as a major form of agriculture i many central American nations today ? |
A. | demand of world markets for such crops |
B. | lack of modern agricultural technology |
C. | inadequate supply of water and other natural resources |
D. | peasant ownership of most farmlands |
Answer» B. lack of modern agricultural technology | |
7. |
In recent years, which factor has been major reason for the economic tensions between the United States and China ? |
A. | China’s trade deficit with the United States was very high |
B. | The United States refused to place quotas on Chinese goods |
C. | The United States imported more from China than it exported to China |
D. | China lowered tariffs on goods imported from the United States |
Answer» D. China lowered tariffs on goods imported from the United States | |
8. |
To maintain its economic position, Japan has often limited the number of cars or the quantity of farm products that the United States can sell in Japan Japan has imposed these limits to develop ? |
A. | an equality of trade position |
B. | a favorable balance of trade |
C. | a more open market |
D. | a belief system |
Answer» C. a more open market | |
9. |
During the 1980s and 1990s the economic policies of China, supported by Deng Xiaoping have led directly to______________? |
A. | an expansion of China’s colonial empire |
B. | an increase in trade with the West |
C. | a return to a strict command economy |
D. | the success of the commune system |
Answer» C. a return to a strict command economy | |
10. |
A comparison of Japan’s policies before 1945 with the policies in effect after 1945 indicates that______________? |
A. | reduction in spending on military goods leads to economic depression |
B. | dependence on foreign trade usually leads to a weakened national economy |
C. | territorial aggression is not necessary to secure national economic goals |
D. | democratic institution hinder economic growth |
Answer» D. democratic institution hinder economic growth | |
11. |
The leading producer of sulphur is ? |
A. | Canada |
B. | USA |
C. | Spain |
D. | Italy |
Answer» E. | |
12. |
What country had the third largest area of forest ? |
A. | Canada |
B. | United States |
C. | Brazil |
D. | Russia |
Answer» B. United States | |
13. |
For which agricultural produce Sudan is famous and which comes under Tropical Grassland Region ? |
A. | Coffee |
B. | Millets |
C. | Barley |
D. | Cotton |
Answer» E. | |
14. |
The base of all of the following fuels is organic materials except that of ? |
A. | Coal |
B. | Natural gas |
C. | Petroleum |
D. | Uranium |
Answer» E. | |
15. |
Which of the following is a non-metallic mineral ? |
A. | Cobalt |
B. | Gypsum |
C. | Thorium |
D. | Uranium |
Answer» C. Thorium | |
16. |
Which of the following countries leads the world in the export of oil ? |
A. | Iran |
B. | Iraq |
C. | Saudi Arabia |
D. | Venezuela |
Answer» D. Venezuela | |
17. |
Which of the following is the largest producer of cooper ? |
A. | Ghana |
B. | Malaysia |
C. | Australia |
D. | Chile |
Answer» E. | |
18. |
What country is third most covered by forests ? |
A. | French Guiana |
B. | Surinam |
C. | Solomon Islands |
D. | Gabon |
Answer» C. Solomon Islands | |
19. |
What is the currency of United Arab Emirates ? |
A. | Dollar |
B. | Dirham |
C. | Peso |
D. | Pound |
Answer» C. Peso | |
20. |
The largest producer of diamond in the world is ? |
A. | The largest producer of diamond in the world is ? |
B. | Canada |
C. | South Africa |
D. | Russia |
Answer» E. | |
21. |
Second largest uranium producer in the world is ? |
A. | Tajikistan |
B. | khazakhstan |
C. | Sudan |
D. | Nigeria |
Answer» C. Sudan | |
22. |
Which of the following countries is the leading producer of rice ? |
A. | Australia |
B. | Argentina |
C. | China |
D. | Cuba |
Answer» D. Cuba | |
23. |
What was the top buffalo producing country ? |
A. | Nepal |
B. | Pakistan |
C. | India |
D. | China |
Answer» D. China | |
24. |
Which of the following countries is the leading producer of wheat ? |
A. | USA |
B. | Argentina |
C. | China |
D. | Cuba |
Answer» D. Cuba | |
25. |
What was the top sheep producing country ? |
A. | United Kingdom |
B. | Australia |
C. | China |
D. | India |
Answer» D. India | |
26. |
What was the second chicken producing country ? |
A. | China |
B. | Indonesia |
C. | United States |
D. | Brazil |
Answer» D. Brazil | |
27. |
What was the third sheep producing country ? |
A. | England |
B. | Australia |
C. | China |
D. | China |
Answer» E. | |
28. |
What was the second cattle producing country ? |
A. | India |
B. | Argentina |
C. | United States |
D. | China |
Answer» E. | |
29. |
What is the currency of Georgia ? |
A. | Dollar |
B. | Lari |
C. | Peso |
D. | Pound |
Answer» C. Peso | |
30. |
What was the top mild producing country ? |
A. | United States |
B. | Germany |
C. | Russia |
D. | France |
Answer» B. Germany | |
31. |
The World biggest oil refinery is situated in ? |
A. | Saudi Arabia |
B. | Iran |
C. | Kuwait |
D. | Iraq |
Answer» C. Kuwait | |
32. |
Which of the following countries lead in the production of tea in the world ? |
A. | Kenya |
B. | Myanmar |
C. | SriLanka |
D. | Japan |
Answer» B. Myanmar | |
33. |
Which is the most famous waterfall of the world ? |
A. | Superior |
B. | Balkan |
C. | Niagara |
D. | Angel |
Answer» D. Angel | |
34. |
The crop most susceptible to frost is ? |
A. | Wheat |
B. | red gram |
C. | Cotton |
D. | black gram |
Answer» D. black gram | |
35. |
Which country possesses the largest foreign exchange reserves in the world ? |
A. | Japan |
B. | Canada |
C. | Germany |
D. | USA |
Answer» B. Canada | |
36. |
Which country is the source of Stilton cheese ? |
A. | England |
B. | Norway |
C. | Scotland |
D. | Swaden |
Answer» B. Norway | |
37. |
What is the third cattle producing country ? |
A. | India |
B. | Argentina |
C. | United States |
D. | China |
Answer» D. China | |
38. |
The country which leads in the production of rubber is ? |
A. | Thailand |
B. | Indonesia |
C. | Malaysia |
D. | None of these |
Answer» B. Indonesia | |
39. |
Name the largest synthetic rubber and tyre making centre in the world is ? |
A. | Cleveland |
B. | Sharon |
C. | Akron |
D. | Wheeling |
Answer» D. Wheeling | |
40. |
Trees which are considered the tallest in the world ? |
A. | Cedar |
B. | Redwood |
C. | Eucalyptus |
D. | Data palm |
Answer» C. Eucalyptus | |
41. |
Name the country which has the largest tin production in the world is ? |
A. | China |
B. | Bolivia |
C. | Malaysia |
D. | Nigeria |
Answer» B. Bolivia | |
42. |
Which country leads in production of barley among the following? |
A. | China |
B. | India |
C. | USA |
D. | Canada |
Answer» E. | |
43. |
Which is the largest continent (population wise) of the world ? |
A. | America |
B. | Asia |
C. | Europe |
D. | Australia |
Answer» C. Europe | |
44. |
Which of the following countries lead in the production of Nickel ? |
A. | Canada |
B. | USA |
C. | China |
D. | Russia |
Answer» B. USA | |
45. |
Continent of South America covers ___ of the total land of earth ? |
A. | 15.8% |
B. | 11.8% |
C. | 10.8% |
D. | 15.4% |
Answer» C. 10.8% | |
46. |
Minor crops in Rabi season are pulses potatoes and ? |
A. | onions |
B. | bajra |
C. | garlic |
D. | All of these |
Answer» E. | |
47. |
Which country in the World is leading in jute production ? |
A. | Brazil |
B. | India |
C. | Thailand |
D. | None of these |
Answer» C. Thailand | |
48. |
Which one of the following is the best criterion of contrast between a rural and urban community ? |
A. | Geographic location |
B. | Specific size of population |
C. | Specific density of population |
D. | Diversification of occupations |
Answer» C. Specific density of population | |
49. |
The leading producer of silver is ? |
A. | USA |
B. | Russia |
C. | Mexico |
D. | South Africa |
Answer» D. South Africa | |
50. |
The relative deprivation approach attempts to______________? |
A. | measure poverty of those below the poverty line |
B. | determine the privileges of the rich |
C. | assess the deprivation of section of population as compared to the others |
D. | assess the minimum food Requirements |
Answer» D. assess the minimum food Requirements | |