Economics MCQs

Page No. 402

Depression is a drastic decline in a national of international economy It’s characteristic is ?


a Decreasing business activity


b Falling prices


cUnemployment


d All of these


View Answer All of these

Scale for measuring the average share price and percentage change of 30 major US industrial companies is called ?


aNikki Index


b NASDAQ


cDow Jones Index


dMajor Index


View Answer Dow Jones Index

Reduction in the circulation of money resulting from fall of prices is known as ?


adeflation


b inflation


c cost effective


d cost


View Answer deflation

What is called amount of money to purchase the goods and services to maintain life ?


aCost living


bBasic requirement


cCost of life


dNone of these


View Answer Basic requirement

Name the organization that is managed by those who use its facilities ?


aLimited Company


bSociety


cCorporation


dCooperative


View Answer Cooperative

Who is called Father of Economics ?


aAdam smith


b David Ricardo


cDavid smith


d Adam Ricardo


View Answer Adam smith

Central bank of Pakistan is ________________?


aState Bank


bNational Bank


cBoth of them


dNone of them


View Answer State Bank

Capital Flight from a country is called ?


aremoval of individual and corporate investment


bremoval of capital drain


c removal of income


dAll of theseAll of these


View Answer All of these

Estimated income and plane for expenditure is called Budget. What is Budget deficit ?


aLess Public spending than amount of revenue corporation


b Balance between public spending and amount of revenue


cMore public spending than amount of revenue


dNone of them



What is called the stock that sells at a high price ?


aBlue chip


bBlue Chipper


cAn extremely valuable asset or property


dAll of these


View Answer All of these

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