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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 7 of Department 4]

G

Gopal Sharma • 17.50K Points
Tutor I

61) In Economics the ‘Utility’ and ‘Usefulness’ have

(A) Same meaning
(B) Different meaning
(C) Opposite meaning
(D) None of the above
Correct Answer - Option (B)

No Explanation found. Add Explanation and get +2 points.

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G

Gopal Sharma • 17.50K Points
Tutor I

62) “Economics is what it ought to be” – This statement refers to

(A) Fiscal economics
(B) Monetary economics
(C) Positive economics
(D) Normative economics
Correct Answer - Option (D)

No Explanation found. Add Explanation and get +2 points.

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C

Chandani • 9.55K Points
Tutor III

65) Malthusian theory of population explored the relationship between

(A) Optimum growth and resources
(B) Population growth and development
(C) Food supply and technology
(D) Food supply and population growth
Correct Answer - Option (D)

No Explanation found. Add Explanation and get +2 points.

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C

Chandani • 9.55K Points
Tutor III

66) In an economy, the sectors are classified into public and private on the basis of

(A) Use of raw materials
(B) Ownership of enterprises
(C) Employment conditions
(D) Nature of economic activities
Correct Answer - Option (B)

No Explanation found. Add Explanation and get +2 points.

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C

Chandani • 9.55K Points
Tutor III

69) Which one of the following is not a dimension of human development index?

(A) Social status
(B) Knowledge
(C) Life expectancy
(D) Standard of living
Correct Answer - Option (A)

No Explanation found. Add Explanation and get +2 points.

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