Economic MCQs with answers Page - 5

Here, you will find a collection of MCQ questions on Economic. Go through these questions to enhance your preparation for upcoming examinations and interviews.

To check the correct answer, simply click the View Answer button provided for each question.

Have your own questions to contribute? Click the button below to share your MCQs with others!

+ Add Question

A

Admin • 802.91K Points
Coach

Q. “World Bank” is also called as –

  • (A) International Bank for Reconstruction and development
  • (B) International, rehabilation and development bank
  • (C) International rehabilated and development bank
  • (D) None of these.

A

Admin • 802.91K Points
Coach

Q. What will happen if labour productivity is increased?

  • (A) Balanced cash wage will decrease
  • (B) Competitive firms will be forced to invest more
  • (C) Labour demand curve will shift towards right
  • (D) None of the above.

A

Admin • 802.91K Points
Coach

Q. Socialism is successful in achieving because of–

  • (A) Excess socialistic approach in society
  • (B) To increase standard of living
  • (C) Equal distribution of income
  • (D) None of the above

A

Admin • 802.91K Points
Coach

Q. Which among of the following is not a positive sign for any industry.

  • (A) Decrease in profit
  • (B) Labour instability
  • (C) Decrease in market
  • (D) Decrease in demand

A

Admin • 802.91K Points
Coach

Q. IMF was established to meet which of the following objectives.
(i) Promoting International Monetary Cooperation
(ii) Expending International Trade
(iii) Lessening the inequlibrium in trade
(iv) Avoiding competitive exchange depreciations.

  • (A) i,ii,iii
  • (B) i, iii, iv
  • (C) ii, iv
  • (D) i, ii, iii, iv

A

Admin • 802.91K Points
Coach

Q. The capital of IMF is made up by the contribution of–

  • (A) Credit
  • (B) Deficit Financing
  • (C) Member Nations
  • (D) Borrowings

A

Admin • 802.91K Points
Coach

Q. The term “Micro Economics” and “Macro Economics” was coined by–

  • (A) Alfred Marshal
  • (B) Ragner Nurkse
  • (C) Ragner Frisch
  • (D) J.M. Keynes

A

Admin • 802.91K Points
Coach

Q. “Micro” and “Macro” words was firstly used by

  • (A) Ragnar Frisch
  • (B) I. Fischer
  • (C) James Tobin
  • (D) Garle

A

Admin • 802.91K Points
Coach

Q. Arthashastra by “Kautilya” is related with–

  • (A) Military Phase
  • (B) Political Reign
  • (C) Social phase
  • (D) Economic postulates

A

Admin • 802.91K Points
Coach

Q. The Social Accounting system in India is classified into

  • (A) Assets, Liabilities and Debt Position
  • (B) Public sector, Private Sector and Joint Sector
  • (C) Income, Product and Expenditure
  • (D) Enterprise, Households and Government

Add MCQ in this Category

If you want to share an MCQ question in this category, it's a great idea! It will be helpful for many other students using this website.

Share Your MCQ

Browse Categories

Click on category to learn MCQs of that category.