MCQs4All - Economics Collection

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

Question. Which of the following should cause the price of a share of stock to rise ?
  1. None of these answers
  2. An increase in expected dividends
  3. A reduction in aggregate risk
  4. A reduction in the interest rate
  5. All of these answers
Question. Scientific research relates to________________?
  1. controlled inquiry
  2. relationships among variables
  3. consideration of independent and dependent variables
  4. all of the above
Question. Societies in which ascribed statuses have been prevalent include______________?
  1. estate systems in feudal Europe
  2. industrial societies like the United States
  3. occupationally-based caste systems as in pre-modern India
  4. A and C only
Question. Housing Benefit is a good example of ?
  1. a means tested cash benefit
  2. a universal (social insurance based) benefit
  3. a benefit in kind
  4. none of the above
Question. The present death rate per thousand in Pakistan in ?
  1. 7.1 persons
  2. 11 persons
  3. 13 persons
  4. 14 persons
Question. The law of demand implies that ?
  1. as prices rise, demand decrease
  2. as prices fall, quantity demanded increase
  3. as prices fall demand increases
  4. as prices rise, quantity demanded increases
Question. How much of the total area is cultivated in Pakistan ?
  1. 35%
  2. 45%
  3. 55%
  4. 25%
Question. Biological factors which make the development of culture possible include ?
  1. vision in depth
  2. opposable thumb
  3. erect walking posture
  4. all of the above
Question. The marginal rate of tax paid is ?
  1. The total tax paid / total income
  2. Total income / total tax paid
  3. Change in the tax paid / change in income
  4. Change in income / change in tax paid
Question. The relationship between population and income is___________________?
  1. an increase in income produces a decline in fertility
  2. the birth rate rises because of an increase in education
  3. the rise in income and population results in a decrease of urbanization
  4. working women have more children
Question. The exchange rate is the ratio at which the currency of one country is exchanged for the currency of another. Which method was developed by the World bank to exchange rates ?
  1. Breton Wood method
  2. Free market exchange rate
  3. Atlas method of exchange rate
  4. Open market exchange rate
Question. In the early eighties, the Federal Reserve pursed a tight monetary policy. All else being equal. the impact of that policy was to interest rates in the United States relative to those in Europe and cause the dollar to _______ against European currencies?
  1. decrease; depreciate
  2. decrease; appreciate
  3. increase; depreciate
  4. increase; appreciate
Question. If marginal utility is zero ?
  1. Total utility is zero
  2. An additional unit of consumption will decrease total utility
  3. An additional unit of consumption will increase total utility
  4. Total utility is maximized