Economics World Economy Test 03 Online Mcqs Preparation World Economy Test 03 Online Mcqs Preparation 1. Who among the following is a famous economist?A. Max MullerB. MacaulayC. Henry Francis Carry D. Gunnar Myrdal Loading... 2. Economics is :A. Creating maximum production B. Producing good at minimum costC. The science of planning and arranging the production, distribution and consumption of goods and services for the material welfare of mankindD. Producing buying and selling for maximum profit Loading... 3. The price of a commodity is fixed :A. By demand and supply of a commodityB. By demand of a commodityC. By supply of a commodityD. By the government Loading... 4. The worker's real wage depends on :A. His ability to increase productionB. His ability to saveC. His gross earnings D. The purchasing power of his earnings Loading... 5. The entrepreneur :A. Formulates the policyB. Benefits at the expense of the other people C. Organizes and takes all responsibility for the business bearing the risks it entailsD. Provides the capital for the business Loading... 6. What is the main function of money ?A. To serve as a medium of exchangeB. To buy luxurious goodsC. To buy eatables from the market D. To earn interest from a bank Loading... 7. In Poland the demand of 'Solidrity' is for :A. Holding of price level for common peopleB. Right to make trade unionsC. Higher pays scales for laborersD. Religious freedom Loading... 8. Supply usually lags behind in the case of :A. Personal serviceB. LuxuriesC. EntertainmentD. Necessities Loading... 9. What is the currency of Bangladesh ?A. RupeeB. Rial C. TakkaD. Dinar Loading... 10. The sum of money paid on shares to a shareholder by a public limited company out of its profits is called ?A. InterestB. AnnuityC. BonusD. Dividend Loading... Loading... Related PostsWorld Economy Test 01 Online Mcqs PreparationWorld Economy Test 02 Online Mcqs PreparationEconomy of Pakistan Test 01 Online PreparationWorld General Knowledge MCQs Test 01World General Knowledge MCQs Test 02 OnlineWorld General Knowledge MCQs Test 03 Online Continue Reading Previous National Income Accounting Test 8 Mcqs Preparation OnlineNext World Economy Test 02 Online Mcqs Preparation Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Δ