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Economic MCQ Questions with answers

Here Important Economic MCQ questions are added which are frequently asked in almost all the examinations. You can check the correct answer of any question on clicking the show answer button or on option itself. The Correct answer will be displayed below. You can share any question with your friends on whatsapp by tapping whatsapp button.

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Learn Economic MCQs [Page 5 of Department 2]

41) The tree like structure of records in a database in

(A) Network Model
(B) Hierarchical Model
(C) Relational Model
(D) Multi-Dimenmoral Model
Correct Answer - Option (B)

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42) According to Kenz, consumption function shows relation between

(A) Total Consumption and Total Population
(B) Total Consumption and Normal Price Rate
(C) Total Consumption and Total Income
(D) Total Consumption and Rate of Interest
Correct Answer - Option (C)

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43) The interest in infrastructure is less because.

(A) There is large invest in it
(B) There needs a desired project
(C) Time to finish the infrastructure is more
(D) Profit is gained after long time.
Correct Answer - Option (D)

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44) “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.
Correct Answer - Option (A)

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45) 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.
Correct Answer - Option (C)

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46) 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
Correct Answer - Option (A)

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47) 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
Correct Answer - Option (A)

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48) 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
Correct Answer - Option (B)

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49) The capital of IMF is made up by the contribution of–

(A) Credit
(B) Deficit Financing
(C) Member Nations
(D) Borrowings
Correct Answer - Option (C)

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50) The term “Micro Economics” and “Macro Economics” was coined by

(A) Alfred Marshal
(B) Ragner Nurkse
(C) Ragner Frisch
(D) J.M. Keynes
Correct Answer - Option (C)

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