Economics MCQs

Option A: increase in wages

Option B: Decrease in money supply

Option C: Decrease in tax

Option D: None of these

Correct Answer: Decrease in tax ✔

Option A: The balance of visible trade

Option B: The balance of invisible trade

Option C: The balance on the current account

Option D: The balance of payments

Correct Answer: The balance of payments ✔

Option A: interest

Option B: Profit

Option C: rent

Option D: wages

Correct Answer: Profit ✔

Option A: Capital

Option B: Interest

Option C: Profit

Option D: None of these

Correct Answer: Capital ✔

Option A: Hyperinflation

Option B: Reflection

Option C: Stagflation

Option D: Galloping

Correct Answer: Stagflation ✔

Option A: Bullish

Option B: Bearish

Option C: Falling

Option D: Crashing

Correct Answer: Bearish ✔

Option A: Golden bonus

Option B: Golden shake hand

Option C: Friendly handshake

Option D: Golden handshake

Correct Answer: Golden handshake ✔

Option A: Deposit outside one’s home country but in the home country currency

Option B: European currency unit, introduced on Jan, 1 1999

Option C: Both of them

Option D: None of them

Correct Answer: Both of them ✔

Option A: Controlling Banks

Option B: Controlling cooperation

Option C: Controlling markets

Option D: None of them

Correct Answer: Controlling markets ✔

Option A: A big company

Option B: Stock Exchange

Option C: Joint stock

Option D: A multinational company

Correct Answer: Stock Exchange ✔

Option A: National income

Option B: Domestic income

Option C: Protection Income

Option D: Per capita Income

Correct Answer: Per capita Income ✔

Option A: Local currency

Option B: Cold currency

Option C: Lime currency

Option D: Soft currency

Correct Answer: Soft currency ✔

Option A: Sales Tax

Option B: General Tax

Option C: Local Tax

Option D: Gross Tax

Correct Answer: Sales Tax ✔

Option A: Public corporations

Option B: Central and local government

Option C: Nationalized Industries

Option D: All of them

Correct Answer: All of them ✔

Option A: Poverty level

Option B: Poverty line

Option C: Both of them

Option D: None of them

Correct Answer: Both of them ✔

Option A: State’s borrowing from its population

Option B: State’s borrowing from foreign government

Option C: state’s borrowing from international institution

Option D: All of these

Correct Answer: All of these ✔

Option A: Free market economy

Option B: Laissez faire also Laisser faire

Option C: Open market economy

Option D: Liberal market economy

Correct Answer: Laissez faire also Laisser faire ✔

Option A: Increase in the amount of circulating money

Option B: Lowering of purchasing power

Option C: Decrease in the amount of circulation money

Option D: None of these

Correct Answer: Increase in the amount of circulating money ✔

Option A: Where no export duties are levied

Option B: Where no import duties are levied

Option C: Where no export or import duties are levied

Option D: Where everything can be import or export

Correct Answer: Where no export or import duties are levied ✔

Option A: Total debt

Option B: Debt burden

Option C: National liabilities

Option D: External debt

Correct Answer: External debt ✔

Option A: Fiscal period

Option B: Calendar year

Option C: Year unit

Option D: Fiscal year (FY)

Correct Answer: Fiscal year (FY) ✔

Option A: Value of all economic activity with in a nation’s border

Option B: Economics output of a country

Option C: Economic activities of federal government

Option D: None of these

Correct Answer: A. Value of all economic activity with in a nation’s border ✔

Option A: Sale of goods in large quantities with high quality

Option B: Sale of goods in large quantities with low quality

Option C: Sale of goods in large quantities and at a low price

Option D: Sale of goods in large quantities with high price

Correct Answer: Sale of goods in large quantities and at a low price ✔

Option A: Decreasing business activity

Option B: Falling prices

Option C: Unemployment

Option D: All of these

Correct Answer: All of these ✔

Option A: Nikki Index

Option B: NASDAQ

Option C: Dow Jones Index

Option D: Major Index

Correct Answer: Dow Jones Index ✔

Option A: deflation

Option B: inflation

Option C: cost effective

Option D: cost

Correct Answer: deflation ✔

Option A: Cost living

Option B: Basic requirement

Option C: Cost of life

Option D: None of these

Correct Answer: Basic requirement ✔

Option A: Limited Company

Option B: Society

Option C: Corporation

Option D: Cooperative

Correct Answer: Cooperative ✔

Option A: Adam smith

Option B: David Ricardo

Option C: David smith

Option D: Adam Ricardo

Correct Answer: Adam smith ✔

Option A: State Bank

Option B: National Bank

Option C: Both of them

Option D: None of them

Correct Answer: State Bank ✔

Option A: removal of individual and corporate investment

Option B: removal of capital drain

Option C: removal of income

Option D: All of these

Correct Answer: All of these ✔

Option A: Less Public spending than amount of revenue corporation

Option B: Balance between public spending and amount of revenue

Option C: More public spending than amount of revenue

Option D: None of them

Correct Answer: More public spending than amount of revenue ✔

Option A: Blue chip

Option B: Blue Chipper

Option C: An extremely valuable asset or property

Option D: All of these

Correct Answer: All of these ✔

Option A: Bankruptcy

Option B: Default

Option C: Total loss

Option D: Crash

Correct Answer: Bankruptcy ✔

Option A: Gold

Option B: Silver

Option C: Wheat

Option D: Sugar

Correct Answer: Sugar ✔

Option A: Jute

Option B: Diamond

Option C: Tin

Option D: Rubber

Correct Answer: Rubber ✔

Option A: Mica

Option B: Rubber

Option C: Silver

Option D: Gold

Correct Answer: Silver ✔

Option A: Bangladesh

Option B: India

Option C: Both of them

Option D: None of them

Correct Answer: Both of them ✔

Option A: Coffee

Option B: Copper

Option C: Diamond

Option D: Gold

Correct Answer: Gold ✔

Option A: Coal

Option B: Copper

Option C: Cotton

Option D: All of these

Correct Answer: All of these ✔

Option A: Income tax

Option B: Sales tax

Option C: Custom duty

Option D: Tariff

Correct Answer: Sales tax ✔

Option A: Wall street

Option B: NASDAQ

Option C: Nikkei index

Option D: Yahoo index

Correct Answer: Wall street ✔

Option A: Trade deficit

Option B: Trade simples

Option C: Both a & b

Option D: Not a nor b

Correct Answer: Both a & b ✔

Option A: Fine

Option B: Surcharge

Option C: Additional Charged

Option D: Extra charges

Correct Answer: Extra charges ✔

Option A: Special Drawing Right (SDR)

Option B: IMF Drawing Rights (SDR)

Option C: International Drawing Right (IDR)

Option D: Sure, Drawing Rights (SDR)

Correct Answer: Special Drawing Right (SDR) ✔

Option A: Market interest

Option B: Easy interest

Option C: Compound interest

Option D: Simple interest

Correct Answer: Simple interest ✔

Option A: Rearranged loans

Option B: Rescheduled loans

Option C: Altered loans

Option D: None of these

Correct Answer: Rescheduled loans ✔

Option A: Limited company

Option B: Registered company

Option C: Public company

Option D: Public limited company

Correct Answer: Registered company ✔

Option A: Credit worthiness

Option B: Credit Worth

Option C: Credit line

Option D: Ratings

Correct Answer: Ratings ✔

Option A: Proxy vote

Option B: Absentia vote

Option C: Remote vote

Option D: Casting vote

Correct Answer: Proxy vote ✔

Option A: A collection of investments, real or financial

Option B: Net assets of a company

Option C: Total profit of company in a year

Option D: Total unmovable assets of a company

Correct Answer: A collection of investments, real or financial ✔

Option A: To startups or internet startup

Option B: Path to profitability

Option C: Both of them

Option D: None of them

Correct Answer: Both of them ✔

Option A: Oligopoly

Option B: Grey market

Option C: Oligopsony

Option D: Green market

Correct Answer: Oligopsony ✔

Option A: Mainly to Korean equities

Option B: Mainly to international equities

Option C: Mainly to Japanese equities

Option D: Mainly to US equities

Correct Answer: Mainly to international equities ✔

Option A: Lion’s share

Option B: Market share

Option C: Net share

Option D: Holding share

Correct Answer: Market share ✔

Option A: New York Interbank Offered Rates (NIBOR)

Option B: international Interbank Offered Rates (IOBOR)

Option C: London Interbank Offered Rate (LIBOR)

Option D: USA Interbank Offered Rate (UIBOR)

Correct Answer: London Interbank Offered Rate (LIBOR) ✔

Option A: Solvency

Option B: Crash

Option C: Bankruptcy

Option D: Liquidation

Correct Answer: Liquidation ✔

Option A: A free market is necessary for economic growth and stability

Option B: Regulation is necessary for economic growth and stability

Option C: Active government intervention is necessary to ensure economic growth and stability

Option D: Government intervention is not necessary to ensure economic growth and stability

Correct Answer: Active government intervention is necessary to ensure economic growth and stability ✔

Option A: joint company

Option B: Joint stock company

Option C: Limited joint company

Option D: Limited Company

Correct Answer: Joint stock company ✔

Option A: A firm that is unable to pay debts

Option B: A firm that is liquidated

Option C: A firm that is for sale

Option D: A firm that has more liabilities than assets

Correct Answer: A firm that is unable to pay debts ✔

Option A: That moves across country borders in response to interest rate differences

Option B: That moves away when the interest rate differential

Option C: Both of them

Option D: None of them

Correct Answer: Both of them ✔

Option A: Going legal

Option B: Book corporation

Option C: Chartered corporation

Option D: Incorporation

Correct Answer: Incorporation ✔

Option A: Bonus

Option B: Up level

Option C: Goodwill

Option D: Upgradation

Correct Answer: Goodwill ✔

Option A: Public offering

Option B: Public floating

Option C: going public

Option D: Coming public

Correct Answer: going public ✔

Option A: Free float

Option B: Clean float

Option C: Both of them

Option D: None of them

Correct Answer: Both of them ✔

Option A: Foreclosure

Option B: Default

Option C: Bankrupt

Option D: None of these

Correct Answer: Foreclosure ✔

Option A: Pagged exchanged rate

Option B: Fixed exchange rate

Option C: Relative exchange rate

Option D: Knotted exchange rate

Correct Answer: Fixed exchange rate ✔

Option A: Cooperative company

Option B: Finance corporation

Option C: Limited company

Option D: Finance company

Correct Answer: Finance corporation ✔

Option A: European Currency System (ECS)

Option B: European Monetary Mechanism (EMM)

Option C: Common Monetary System (CMS)

Option D: European Monetary Fund (EMF)

Correct Answer: Common Monetary System (CMS) ✔

Option A: Deposit outside one’s home country but in the home country currency

Option B: European currency unit, introduced on January 1, 1999

Option C: Both of them

Option D: None of them

Correct Answer: Both of them ✔

Option A: Financial markets of developing economies

Option B: Financial markets of East Europe’s economies

Option C: Financial markets of Asian economies

Option D: Financial markets of Latin America

Correct Answer: Financial markets of developing economies ✔

Option A: Drawback

Option B: Duty

Option C: Custom

Option D: Excise

Correct Answer: Duty ✔

Option A: Gross Profit

Option B: Profit share

Option C: Dividend

Option D: Right share

Correct Answer: Dividend ✔

Option A: Deflated market

Option B: Depressed market

Option C: Bearish market

Option D: Weak market

Correct Answer: Depressed market ✔

Option A: Deflector

Option B: Purchasing power parity

Option C: Inflator

Option D: Deflation

Correct Answer: Deflector ✔

Option A: Rolling debt

Option B: Bad debt

Option C: Rescheduling

Option D: Default

Correct Answer: Default ✔

Option A: To write-off debt

Option B: To reschedule debt

Option C: To repay debt in easy installments

Option D: The complete repayment of debt

Correct Answer: The complete repayment of debt ✔

Option A: Debenture

Option B: Securities

Option C: Credit rating

Option D: None of them

Correct Answer: Debenture ✔

Option A: Credibility

Option B: Credit risk

Option C: Credit credibility

Option D: Credit rating

Correct Answer: Credit risk ✔

Option A: International economic risk

Option B: Country economic risk

Option C: Ultra-country economic risk

Option D: Outcome risk

Correct Answer: Country economic risk ✔

Option A: Efficient Account

Option B: Cost Accounting

Option C: Ultra-country economic risk

Option D: Outcome risk

Correct Answer: Cost Accounting ✔

Option A: Gross interest

Option B: Simple interest

Option C: Total interest

Option D: Compound interest

Correct Answer: Simple interest ✔

Option A: Free movement of capital and labor

Option B: Free movement of goods and services

Option C: Both of them

Option D: None of them

Correct Answer: Both of them ✔

Option A: Stock market

Option B: Open market

Option C: Capital market

Option D: International market

Correct Answer: Capital market ✔

Option A: Bull market

Option B: Beamish market

Option C: Upward market

Option D: Hot market

Correct Answer: Bull market ✔

Option A: Bounce

Option B: Return

Option C: Grossed

Option D: Refused

Correct Answer: Bounce ✔

Option A: Internal laws

Option B: By laws

Option C: Character

Option D: Memorandum of articles

Correct Answer: By laws ✔

Option A: Spreadsheet

Option B: Splinter

Option C: Family growth

Option D: Butterfly

Correct Answer: Butterfly ✔

Option A: A multinational company

Option B: Large and creditworthy company

Option C: A conglomerate company

Option D: A consortium of companies

Correct Answer: Large and creditworthy company ✔

Option A: Offer price

Option B: Bid price

Option C: Quote price

Option D: Market price

Correct Answer: Bid price ✔

Option A: Nationalist policy

Option B: Domestic policy

Option C: Protectionist policy

Option D: Beggar-thy-beighbour

Correct Answer: Beggar-thy-beighbour ✔

Option A: B2B

Option B: Indirect contact

Option C: Step by step

Option D: Trickle down

Correct Answer: B2B ✔

Option A: Balanced

Option B: At Equilibrium

Option C: At Par

Option D: None of them

Correct Answer: At Par ✔

Option A: Assets of business that can be applied to its operation

Option B: Amount of current assets that exceeds current liabilities

Option C: Both of them

Option D: None of them

Correct Answer: Both of them ✔

Option A: To assume financial responsibility for grantee against failure

Option B: To sign so as to assume liability in case of specified losses

Option C: To guarantee the purchase or to agree to buy the unsold part of stock at fixed time and price

Option D: All of them

Correct Answer: All of them ✔

Option A: Bond

Option B: Treasury bill

Option C: Term bound

Option D: Securities

Correct Answer: Treasury bill ✔

Option A: Used to identify a commercial product or service

Option B: By which commodity service or process is known to trade

Option C: Under which a business firm operates

Option D: All of them

Correct Answer: All of them ✔

Option A: Bond deposit

Option B: term deposit

Option C: time deposit

Option D: Fixed investment

Correct Answer: term deposit ✔

Option A: Custom

Option B: Exercise Duty

Option C: Tariff

Option D: Freight

Correct Answer: Tariff ✔

Option A: Liberalism

Option B: Free market economics

Option C: Supply-side economics

Option D: Supervised market

Correct Answer: Supply-side economics ✔