Economics MCQs MCQs - General Knowledge Practice | PakExamPoint
Practise Economics MCQs MCQs in General Knowledge. Attempt multiple-choice questions, check answers and revise related subtopics.
Economics MCQs MCQs and revision practice
Study Economics MCQs through multiple-choice questions in General Knowledge. This subtopic contains 276 practice questions. Read the wording carefully, compare the options and attempt an answer before checking the solution in learning mode.
Use these Economics MCQs MCQs to identify the facts, rules or methods you need to revise. Where an explanation is available, work through it and write down why your chosen option was correct or incorrect. Revisit difficult questions after reviewing your notes, then use exam mode for timed practice.
Explanation A bear market occurs when stock prices fal l significantly over a period of time. Typically, it is defined as a decline of 2 0% or more from recent highs. Bullish: The opposite; a period of rising prices, optimism, and strong economic growth. Crashing: A sudden, severe, and rapid decline in stock prices, usually due to panic or major economic shocks.
پیٹنٹس اور پبلک فرنچائزز کس قسم کی مارکیٹ میں داخلے کی رکاوٹیں ہیں؟
A. Natural; natural
B. Natural; legal
C. Legal; legal
D. None of these
Check answer and explanation
Answer: Legal; legal
Explanation Barriers to entry restrict new firms from entering a market. Patents are government-granted rights to protect inventions. Public franchises are government licenses to operate a service. Both are created through laws and regulations . Hence, both are legal barriers to entry. Last verified on 22-04-2026
__ ماڈل سروسز میں جیسے آن لائن بینکنگ، سفر اور صحت کی معلومات
A. B2C
B. B2B
C. C2C
D. None of these
Check answer and explanation
Answer: B2B
Explanation In B2B model services like online banking, travel and health information B2B ecommerce is one of the fastest-growing sales models. B2B ecommerce, or business-to-business electronic commerce , is the sale of goods or services through online transactions between businesses. Manufacturing materials, clothing and semiconductors are B2B examples.
ترقی پسند ٹیکس کا مطلب ہے کہ آمدنی بڑھنے کے ساتھ ٹیکس کی شرح بھی بڑھ جاتی ہے۔
A. False
B. True
Check answer and explanation
Answer: True
Explanation A progressive tax system means tax rates increase as income increases. Higher income groups pay a larger percentage of their income as tax. Lower income groups pay a smaller percentage. This system aims to reduce income inequality. So, the statement correctly describes progressive taxation . Last verified on 23-04-2026
رقم صرف تب موخر ادائیگیوں کا معیار بن سکتی ہے جب اس کی قدر کیسی ہو؟
A. Decreases
B. Remains stable
C. None of these
D. Increases
Check answer and explanation
Answer: Remains stable
Explanation Money serves as a standard of deferred payments when it can be used to settle future debts . For this function to work properly , the value of money must be stable over time. If the value of money changes, contracts become unfair for either debtor or creditor. Thus, stability of value is essential for this function. Last verified on 23-04-2026
مرکزی بینکاری کے تناظر میں "آخری قرض دہندہ" سے کیا مراد ہے؟
A. A central bank offering loans to foreign governments
B. A bank providing loans to commercial banks during times of financial crisis
C. A Commercial bank providing loans to the central bank
D. A government agency providing loans to individuals and businesses
Check answer and explanation
Answer: A bank providing loans to commercial banks during times of financial crisis
Explanation The Lender of Last Resort is the central bank role. It provides emergency funds to commercial banks. This happens during financial crisis or liquidity shortage . It helps maintain banking system stability. Last verified on 24-04-2026
Explanation The Human Development Index (HDI) measures a country's average achievements in key dimensions of human development: Life expectancy (health) Education level Income (standard of living) New method of HDI Published on 4 November 2010 (and updated on 10 June 2011) It was developed by Pakistani economist Mahbub ul-Haq
مجموعی برآمدات کا کتنا حصہ زراعت کے ذریعے حاصل ہوتا ہے؟
A. 65%
B. 45%
C. 75%
D. 55%
Check answer and explanation
Answer: 65%
Explanation In many developing countries , agriculture plays a significant role in the economy. It is estimated that around 65% of total export earnings come from agricultural products. Such as crops, livestock, and fisheries.
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