Economics Mcqs – MCQs

4553 questions. Click to practice.

Correct options are highlighted when revealed.

1.On which date did the Pakistan Meteorological Department successfully conduct an artificial rainfall experiment in Thar, Sindh?

2.What was the per capita income during the fiscal year 2010-11?

3.Which country assisted in the establishment of Heavy Mechanical Complex Taxila?

4.On which date did Pakistan successfully launch its first satellite, Badr I, which was primarily developed and constructed by SUPARCO?

5.Which is the largest industrial enterprise in the public sector?

6.Which city is renowned for its textile mills that manufacture the finest worsted suiting fabrics globally?

7.Besides saddles, for which other product is Sialkot well-known?

8.Where are surgical instruments primarily manufactured in Pakistan?

9.Which of the following is classified as an agro-based industry?

10.Chiniot city is famous for its intricate brick designs and which other craft?

11.What is the percentage growth rate of industrial development in the country?

12.According to the Phillips curve theory, when does unemployment revert to its natural rate?

13.What do menu costs signify in the context of inflation?

14.What is the effect of a rise in production costs on the economy?

15.What is the likely effect on the economy when injections into it increase?

16.Which of the following can trigger demand-pull inflation?

17.If both borrowers and lenders agree on a nominal interest rate, but the actual inflation rate ends up being lower than expected, who benefits from this outcome?

18.In which scenario would it be most advantageous for you to act as the lender?

19.Which of the following statements accurately describes the relationship between nominal interest rate, real interest rate, and inflation?

20.What is the real interest rate when the nominal interest rate is 7% and the inflation rate is 3%?