KPPSC MCQs

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 most common example of an international cartel is the

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

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

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

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

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

Which of the following is an example of common market?

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

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

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

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

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

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

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

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:

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

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

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

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

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

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

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

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

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