Basic Economics MCQS with answers PDF 2024

Basic Economics MCQS with answers PDF 2024

Introduction: Basic Economics MCQs with Answers PDF

Welcome to the world of Basic Economics MCQs with Answers PDF! This basic economics MCQs document is your key to understanding fundamental economic concepts in a fun and interactive way.

Economics, the study of how societies manage their resources, is a subject that impacts our daily lives. Whether you’re a student beginning your economics journey or someone eager to refresh their knowledge, this economics MCQs pdf is here to guide you.

Inside these Basic Economics MCQs with Answers PDF, you’ll find a collection of Basic Economics MCQs with Answers PDF that cover the basics economics MCQs online test — from the principles of supply and demand to the complexities of market structures. What makes this resource basic economics MCQs with answers pdf is that it not only tests your knowledge but also provides you with the correct answers, helping you learn as you go.

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So, dive into the world of economics MCQs in Urdu, explore the questions, and test your understanding of the economic forces that shape the world around us. Whether you’re preparing for an exam or simply curious about economic concepts, this economics MCQs is designed to make learning economics engaging and accessible.

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Here is the Basic Economics MCQS with answers PDF


Which of the following relevant to the term Liabilities?

مندرجہ ذیل میں سے کون سا واجبات کی اصطلاح سے متعلق ہے؟

  • Resources
  • Obligations
  • Future benefits
  • Expenses

Which of the following the example of the indirect cost?

مندرجہ ذیل میں سے کون سی بالواسطہ لاگت کی مثال ہے؟

  • carriage inwards
  • production wages
  • production materials
  • factory rent

Which of the following is correct about if the price of the floor is higher than equilibrium price?

اگر فرش کی قیمت توازن کی قیمت سے زیادہ ہے تو درج ذیل میں سے کون سا درست ہے۔

  • Scarcity
  • Stability
  • Surpluses
  • None of the these

Which of the following is the primary economic problem in our society?

مندرجہ ذیل میں سے ہمارے معاشرے کا بنیادی معاشی مسئلہ کون سا ہے؟

  • Unemployment
  • Inequality
  • Poverty
  • Scarcity

What is the name of the person who known as the father economics?

باپ معاشیات کے نام سے جانے والے شخص کا کیا نام ہے؟

  1. P KENSE
  2. David Riccardo
  3. Adam Smith
  4. Mankiw

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What is the meaning of the word “utility” according to the economists?

ماہرین اقتصادیات کے نزدیک لفظ “افادیت” کا کیا مطلب ہے؟

  1. versatility and flexibility
  2. rationality
  3. pleasure and satisfaction
  4. purposefulness

The pleasure, happiness or satisfaction from product called in economics language?

مصنوعات سے خوشی، خوشی یا اطمینان کو معاشیات کی زبان میں کہتے ہیں؟

  1. marginal cost
  2. rational outcome
  3. status fulfillment
  4. utility

In which year 1st Nobel prize given in economics category?

معاشیات کے زمرے میں پہلا نوبل انعام کس سال دیا گیا؟

  1. 1901
  2. 1969
  3. 1945
  4. 1968

When you choose the specific course of action in economic language what called

جب آپ معاشی زبان میں عمل کے مخصوص کورس کا انتخاب کرتے ہیں تو کیا کہا جاتا ہے۔

  1. Alternative
  2. Opportunity cost
  3. Consumer cost
  4. Producer cost

In economics languages humans wants are?

معاشیات کی زبانوں میں انسان کیا چاہتا ہے؟

  1. Always fixed
  2. Limited
  3. Unlimited
  4. Likely to decrease over time

Which of the following option is not the relevant to the basic economics?

مندرجہ ذیل میں سے کون سا آپشن بنیادی معاشیات سے متعلق نہیں ہے؟

  1. What to produce
  2. Who to produce
  3. How to produce
  4. How maximize economic growth

Study of inflation is the part of which category of economics?

افراط زر کا مطالعہ معاشیات کے کس زمرے کا حصہ ہے؟

  1. descriptive economics
  2. normative economics
  3. Microeconomics

Total demand for goods and services is known as the which of the following?

سامان اور خدمات کی کل مانگ کو درج ذیل میں سے کس کے نام سے جانا جاتا ہے؟

  1. gross national product.
  2. national demand.
  3. economy-wide demand
  4. aggregate demand

In planned economy all the economic decisions taken by which of the following?

منصوبہ بند معیشت میں تمام معاشی فیصلے مندرجہ ذیل میں سے کس کے ذریعے لیے جاتے ہیں؟

  1. Consumers
  2. voters
  3. government
  4. Workers

Which of the following option is correct for increasing the productivity?

پیداواری صلاحیت بڑھانے کے لیے درج ذیل میں سے کون سا آپشن درست ہے؟

  1. by improving the education of workers
  2. by raising union wages.
  3. by raising minimum wages.
  4. by start restriction trade with foreign countries.

The retail price index is used for which of the following?

ریٹیل پرائس انڈیکس مندرجہ ذیل میں سے کس کے لیے استعمال ہوتا ہے؟

  1. construct price lists
  2. compare shop prices
  3. measure changes in living cost
  4. None of these

When we know about the quantity of product and byer wants to purchase it at any price known as?

جب ہم مصنوعات کی مقدار کے بارے میں جانتے ہیں اور خریدار اسے کسی بھی قیمت پر خریدنا چاہتا ہے تو اسے کیا کہتے ہیں؟

  1. Demand
  2. Supply
  3. Excess demand
  4. Excess supply

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