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MCQs4All - Economics MCQs for NTS, FPSC, CSS, IELTS, TOEFL

Question. The home country government can confiscate the revenue effect of an import quota if ?
  1. quota licenses are given to foreign exporting companies
  2. quota licenses are auctioned to the highest bidding importing company
  3. if quota licenses are given to domestic consumers of the good
  4. Both A and C
Question. The demand for labor is the same as the
  1. marginal revenue product
  2. marginal physical product
  3. marginal cost
  4. wage
Question. The main reason why cheques can be regarded as money is that:
  1. They are accepted by most people
  2. They act as receipts
  3. They can be written for any amount
  4. They can be sent safely by post
Question. Name the price at which the issuer of a bond may retire part of the pond at a specified call date ?
  1. Call price
  2. Bid price
  3. Term Price
  4. Future Price
Question. Sex stereotypes are traditionally found in________________?
  1. books
  2. movies
  3. segregation of boys and girls in certain activities
  4. all of the above
Question. The following factors are important in production_______________?
  1. water space air
  2. earth wind fire
  3. animal vegetable object
  4. technology time efficiency

Economics MCQs for NTS, FPSC, CSS, PPSC, PMS, UTS, FTS, OTS, Economy, Finance, Accounting, MBA, BBA of past papers
Question. A fixed exchange rate, plus perfect capital mobility ________ the scope for monetary policy ?
  1. enhances
  2. undermines
  3. encourages
  4. facilitates
Question. Currency speculation is _____ if speculators bet against market forces that cause exchange fluctuations, thus moderating such fluctuations ?
  1. destabilizing
  2. stabilizing
  3. inflationary
  4. deflationary
Question. The advantages of audience selectivity no ad competition and personalization apply to which type of media ?
  1. Newspapers
  2. Television
  3. Direct Mail
  4. Radio
Question. As of 2002, the ________ became the official currency union of the European Monetary System ?
  1. dollar
  2. mark
  3. franc
  4. euro
Question. A firm that breaks even after all economic costs are paid is earning ?
  1. Economic profit
  2. Accounting profit
  3. Normal profit
  4. Supernormal profit
Question. Products of the economy used in production as opposed to gifts of nature are______________?
  1. land
  2. labor
  3. capital
  4. entrepreneurship
Question. Structural functionalism is the intellectual descendent of________________?
  1. Marxism
  2. Social Darwinism
  3. Classical liberalism
  4. Classical conservatism
Important MCQs
Question: The World’s longest glacier “Lambert” is located in___________?
Question: Genetic material of human cells is present in the
Question: _________ is the best eatable thing mentioned in the Holy Qur’an.
Question: Amphoteric exides are those which possess ____________ properties?
Question: Largest moon in our solar system is ________?
Question: Ex-state of “Amb” is famous for__________?
Question: Organelles are_______________?
Question: In which Country ruins of “Cyrene” is located?
Question: First Muslim to win Nobel Prize is
Question: Third Wife of Hazrat Muhammad (SAW) was _______.
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Worthy Quote
Education without values, as useful as it is, seems rather to make man a more clever devil. ― C.S. Lewis