Important Economics Subject Related MCQs for Exams

Important Economics Subject Related MCQs for Exams (1) Budgetary Deficit refers to: (a) Total Revenue Receipts minus Total Expenditures (b) Fiscal Deficit minus Interest Payments (c) Total Receipts (Revenue Account + Capital Account) Minus Total Expenditure (Revenue + Capital) (d) None of the above (2) Increase in the number of buyers in the market would […]

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Economics Multiple Choice Questions MCQs Practice Test

Economics Multiple Choice Questions MCQs Practice Test (1) A firm’s monopolistic position is strengthened by: (a) Low elasticity of demand for its product. (b) High elasticity of demand for its product. (c) Constant elasticity of demand. (d) None of the above. (2) The overall Budget Deficit is financed from: (a) External borrowing (b) Non-Bank borrowing […]

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