MCQs4All - Economics Collection

EconomicsMCQs for NTS, FPSC, CSS, PPSC, PMS, UTS, FTS, OTS, Economy, Finance, Accounting, MBA, BBA of past papers

Question. If a firm were to bid to do a turnkey operation where they would choose a building site designing a cement factory to build the plant hire construction crews assemble materials and equipment to run the new factory and turn over the finished factory ready to operate to the owners the firm would be using which of the following ?
  1. Core Process products selling
  2. Design Products selling
  3. Reciprocal spelling
  4. Systems selling
Question. Which term is used for an addition to normal payment by a company or extra payment of gratuity to workers ?
  1. Bonus
  2. Overtime
  3. Prize
  4. Gift
Question. Governments around the world tend to auction quota licenses ?
  1. never
  2. seldom
  3. often
  4. always
Question. A ghetto tends to contain________________?
  1. slums
  2. a concentration of one racial group in an area
  3. residents who make up an economic underclass
  4. all of the above
Question. A country’s export commodity concentration ratio is the ?
  1. average annual investment made in production of exported commodities
  2. proportion of the primary export commodity in total exports
  3. ratio of four leading commodities to total merchandise exports
  4. total annual investment made in production of exported commodities
Question. Death rates are______________?
  1. defined as the number of deaths per 1000 people per country per year
  2. the rate at which infants survive past their first year
  3. deaths of infants before they are one year old
  4. the rate a which the elderly die in any given year
Question. Who is a “Lame Duck” in a stock market ?
  1. A new investor
  2. A old investor
  3. A member of the stock exchange who cannot meet his obligations
  4. None of the above
Question. Which of the following is not a macroeconomic issue ?
  1. Unemployment
  2. Inflation
  3. The wages paid to footballers
  4. Economic growth
Question. Rice is very important food as well as ?
  1. export crop
  2. cash crop
  3. raw material
  4. import item
Question. Which of the following is the Pakistan’s central bank ?
  1. State Bank
  2. National Bank
  3. Both of them
  4. None of them
Question. During the fiscal year 2009-10 gross fixed capital formation or domestic investment grew by ?
  1. 19.8%
  2. 10.3%
  3. 9.2%
  4. 11.5%
Question. When marginal costs are below average total costs ?
  1. average fixed cost is rising
  2. average total cost is falling
  3. average total cost is raising
  4. average total cost is minimized
Question. If supply is price inelastic the value of the price elasticity of supply must be ?
  1. infinite
  2. Zero
  3. less than 1
  4. none of these
  5. greater than 1