PPSC FPSC One Paper MCQs Test Online Preparation Test No.29

The total amount of physical capital in the economy or in a firm or industry is termed as

Pairs of goods for which consumption is interdependent e.g. cars and petrol or cups and saucers are known as:

Which of the following is an example of common market?

A certificate that specifies the country of origin of an export or import is called

What is called if estimate of income and expenditure are for future as opposed to an account that records financial transaction?

The flow of money payments to or from a firm is called “Cash Flow”. Expenditure is sometimes referred to as:

The output from a process designed for the production of some other product. is called

The economic system with little or no external trade is called:

The order written by the drawer to a commercial bank or central bank to pay on demand a particular sum to a bearer is referred to as:

The most common example of an international cartel is the

The banker’s bank and lender of last resort is the

The law governing the establishment and conduct of incorporated business enterprise is called

Short-term loans to the public for the purchase of specific goods is called:

In economic theory, a tangible good or service resulting from the process of production is known as

An association of producers to regulate prices by restricting output and competition is called

The profits retained in the business and set aside for specified purposes are known as

The interest due by applying the rate to the sum of the capital invested plus the interest previously earned and reinvested is referred to as

The market for long term loanable funds as different from the market that deals in short term loans is called:

An economic good or commodity purchased by households for final consumption is called:

The asset that is capable of generating income and that have itself been produced is termed

The production of a commodity in which a higher proportion of capital is used is known as

A percentage of the value of a transaction taken by an intermediary as payment for his services is called:

A measurement of unemployment based on the number of people out of work and claiming unemployment benefits is called in terms of economic theory

Privately owned banks operating cheque current accounts, receiving deposits, taking in and paying out notes and coins and making loans are generally called

The dominant body of economic thinking, economic method and economic style in the period from 18th to 19th century is termed as