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

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Note:-

There will be 25 multiple choice question in the test.
Answer of the questions will change randomly each time you start this test.
Practice this test at least 5 times if you want to secure High Marks.
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If you found any incorrect answer in Quiz. Simply click on the quiz title and comment below on that MCQ. So that I can update the incorrect answer on time.

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Test Instructions:-
Test Name One Paper Preparation
Subject One Paper Test No. 29
Test Type MCQs
Total Questions 25
Total Time 20 Minutes
Total Marks 100
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You have 20 minutes to pass to the quiz.


PPSC FPSC ONE PAPER MCQs PRACTICE TEST NO. 29

1 / 25

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

2 / 25

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

3 / 25

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

4 / 25

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

5 / 25

The most common example of an international cartel is the

6 / 25

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

7 / 25

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

8 / 25

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

9 / 25

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

10 / 25

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

11 / 25

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

12 / 25

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

13 / 25

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

14 / 25

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

15 / 25

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

16 / 25

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

17 / 25

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

18 / 25

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

19 / 25

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

20 / 25

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:

21 / 25

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

22 / 25

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

23 / 25

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

24 / 25

Which of the following is an example of common market?

25 / 25

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

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