Basic of Economics Mcqs


Q.  Name the system in which the means of production and distribution are privately or corporate owned and development is proportionate to the accumulation and reinvestment of profits which are gained in a free market ?

a. Capitalism
b. Socialism
c. Free market economy
d. Liberalism


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  The branch banking system is in vogue in most countries of the world. In which country was it first developed?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Theory of comparative advantages was presented by ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Open market Operation is ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Central bank’s rate of lending to commercial banks is called ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Which is the most widely used tool of monetary policy ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  In which capacity does a person stand to gain from deflation ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Which of the following is not an instrument of monetary policy ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  When banks prepare their balance sheets. They show the money lent in ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Which of the following would cause income to become more unequal ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Trade between two countries can be useful if cost ratios of goods are ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Which property the paper money does not process ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  The govt. can control inflation by______________?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  When stock market is falling it is_______________?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  What could a government do to correct the current account deficit ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Pakistan follows the policy of_______________?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  ‘Forex’ stands for ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  National income refers to ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Fiscal deficit in the budget means ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  The sum of total income received for the services of labor, land or capital in a country is called?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Which of the following would increase national income ?
Category: Economics Mcqs,   Published by: teswesm