Economics (2016) Study Mode

Try this quiz in CBT Mode
Economics (2016) in CBT Mode

Please share this quiz link to your friends, they might need it!

Quiz link
you can share this link with your friends
copy link veiw live

Question 1
A
Equally distribute national income among citizens 
B
Determine the total population 
C
Compare population growth among nations 
D
Estimate per capita income 
Explanation.

No official Explanation yet!

Correct Option:
D

Question 2
A
Over-dependence on foreign products 
B
Dominance of the industrial sector 
C
High per capita income 
D
Efficient and sensitive financial sector 
Explanation.

No official Explanation yet!

Correct Option:
A

Question 3
A
Federal Mortgage Bank 
B
Microfinance Banks 
C
Insurance Banks 
D
Federal Ministry of Finance 
Explanation.

No official Explanation yet!

Correct Option:
D

Question 4
A
0.25 
B
10 
C
1.55 
D
9.95 
Explanation.

No official Explanation yet!

Correct Option:
D

Question 5
A
Over-capacity utilization 
B
The discovery of alternative oil sources 
C
Shortage of indigenous manpower 
D
The excess supply of petroleum products 
Explanation.

No official Explanation yet!

Correct Option:
C

Question 6
A
Positively sloped 
B
Vertical 
C
Horizontal 
D
Negatively Sloped 
Explanation.

No official Explanation yet!

Correct Option:
D

Question 7
A
Exchange rate 
B
Fiscal policy 
C
Risk associated with the loan 
D
Rate of production in the country 
Explanation.

No official Explanation yet!

Correct Option:
C

Question 8
A
Low birth rate 
B
Low per capita income 
C
High wage rate 
D
Full employment 
Explanation.

No official Explanation yet!

Correct Option:
B

Question 9
A
Total product starts declining 
B
Average product has become zero 
C
Diminishing returns has set in 
D
Increasing returns is operating 
Explanation.

No official Explanation yet!

Correct Option:
C

Question 10
A

Minimum price

 
B

Shut-down price

 
C

Maximum price

 
D

Mark-up price

 
Explanation.

No official Explanation yet!

Correct Option:
A

Next Page
Question Map