MCQs of economics subject for BG 4th semester students

MCQs of economics subject for BG 4th semester students

MCQS  Of Economics subject ‌For BG 4th Semester

Qno1 :- Inflation is mostly harmful to which of the following
  • ‌ Debtors 
  • Creditors(  Ans)
  • Business class
  • Holder of real estate ‌

‌Qno2 :- Which is correct with respect to inflation

  • ‌ Rise in budgets deficit
  •  Rise in money supply‌
  •  Rice in general price index (Ans)
  •  Rice in price of consumer goods

‌Qno3 :- Who is the father of modern economics

  • ‌ Dr. Marshall
  • Adam smith( Ans) 
  •  robbins‌
  • samuelson

‌Qno4 :- Is economics a science or a art

  • ‌ Only science
  • Only art 
  •  Both a science and a art (Ans) 
  •  None of the above

‌Qno5 :- which among the following is the type of economic activity

  • ‌ Production
  • Consumption ‌
  •  Exchange 
  • All of these (Ans) 

‌Qno6 :- A cause of inflation is 

  • ‌Increase in money supply
  • ‌Increases in money supply, fall in production
  • Fall of production ( Ans) 
  • All of these

‌Qno7:- A shift in AS is likely to

  • ‌Reduce the general price level and reduce national income
  • Reduce the general price level and increase national income (Ans) 
  • Increase the general price level and reduce national income‌
  • Increase the general price level and increase national income

‌Qno8 :- Balance of payments include

  • ‌ Visible items 
  • In-visible items
  • Both (Ans) 
  • None of the above

‌Qno9:- At long run macroeconomic equilibrium……..

  • ‌ An inflationary gap exists
  • Real GDP equals potential GDP (Ans) 
  • A recessionary gap exists
  • None of the above

‌Qno10:- Net exports will be negative if 

  • ‌Exports exceed imports
  • Exports and imports are equal
  • Imports exceeds exports  (Ans) 
  • None of these 

‌Qno11:- The rate of current transaction is known as

  • ‌ Spot rate ( Ans ) 
  • ‌ Domestic rate
  • ‌ Forward rate
  • ‌ Domestic rate

‌Qno12:- when was gold standard abandoned 1930’s

  • 1920’s( Ans )
  • ‌1950’s
  • ‌1940

‌Qno13:- Informal letter is also called

  • ‌ Personal letter
  • ‌Private letter
  • ‌ Friendly letter
  • ‌ All of the above ( Ans)

‌Qno14:- The position of IS curve depends on

  • ‌ Rate of interest (Ans)
  • ‌ Rate of investment
  • ‌ Autonomous expenditure
  • ‌ None of the above

‌Qno15:- LM curve slopes…..

  • ‌ Downward to the right
  • Upward to the right (Ans)
  • ‌ Vertical 
  • ‌ Horizontal

‌Qno16:-  Downloaded from LM shifts to the right when the stock of money is 

  • ‌ Decreased 
  • Increased  (Ans)
  • ‌ Constant 
  • ‌None of the above 

‌Qno17:- Economics is a ………………science

  • ‌ Natural 
  • ‌ Computer 
  • ‌Social ( Ans)
  • ‌ Political 

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