Top 550+ Solved Economics (GK) MCQ Questions Answer

a. free movement of goods from one country to another

b. movement of goods free of cost

c. unrestricted exchange of goods and service

d. trade free of duty

a. Trade sector

b. Share market

c. Credit market

d. Horse racing

a. Analysis of Capital Market

b. SWOT Analysis

c. Capital Market.

d. Analysis of Capital Market and Capital Market.

a. GDP

b. GPN

c. OMP

d. GNP

a. Income Approach

b. Expenditure Approach

c. Savings Approach

d. Value Added Approach

a. Socialist economy

b. Closed economy

c. Open economy

d. Mixed economy

a. Services of a teacher

b. Services of a doctor

c. Services of a housewife

d. Services of a maid servant

a. relationship between income and employment

b. relationship between savings and investment

c. relationship between input and output

d. relationship between income and consumption

a. its per unit cost of production

b. the amount of capital invested per unit of output

c. the ratio of capital depreciation to quantity of output

d. the ratio of working capital employed to quantity of output

a. J. B. Say

b. J. S. Mill

c. J. M. Keynes

d. Senior

a. Steady growth begins.

b. Economy is stagnant.

c. Economy is about to collapse.

d. All controls are remove

a. Per Capita Income

b. Gross Domestic Product

c. Personal Income

d. Net National Product

a. Debt Servicing

b. Deficit Financing

c. Discounted Budgeting

d. Bridge-loan

a. employment conditions

b. nature of economic activities

c. ownership of enterprises

d. use of raw materials

a. Import duty

b. Income tax

c. Octoroi

d. Sales tax