ExamVeda
Login
Home

Economics MCQ Questions and Solutions with Explanations | Commerce

Economics MCQ Questions and answers with easy and logical explanations. Commerce provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. Economics MCQ is important for exams like B.COM, M.COM, BBA, BBM, CA, CS, CMA, CPA, CFA, UPSC, NET, Banking and other commerce department exam. Page-4 section-16

Each section contains 100 MCQs on Economics .
31
Elasticity is commonly stated in the form of
Discuss
Answer & Solution
Answer: Option A
No explanation is given for this question. Let's Discuss on Board
32
Total utility is maximum when
Discuss
Answer & Solution
Answer: Option A
No explanation is given for this question. Let's Discuss on Board
33
Differential monopoly is possible only when there are two markets
Discuss
Answer & Solution
Answer: Option A
No explanation is given for this question. Let's Discuss on Board
34
According to law of demand,
Discuss
Answer & Solution
Answer: Option C
No explanation is given for this question. Let's Discuss on Board
35
Match List-I with List-II
List-I List-II
a. Size of market 1. Globalization of business
b. Demographic environment 2. Foreign trade policy
c. Export oriented units 3. Macro economic environment
d. Multinational corporations 4. Non-economic environment
Choose the correct option from those given below
Discuss
Answer & Solution
Answer: Option D
No explanation is given for this question. Let's Discuss on Board
36
Income elasticity of demand is
Discuss
Answer & Solution
Answer: Option C
No explanation is given for this question. Let's Discuss on Board
37
The responsiveness of changes in quantity demanded to change in price is known as
Discuss
Answer & Solution
Answer: Option A
No explanation is given for this question. Let's Discuss on Board
38
When the aggregate supply of food grains increases, the total income of the farmer falls. On this basis, state what will be the demand curve for food grains
Discuss
Answer & Solution
Answer: Option A
No explanation is given for this question. Let's Discuss on Board
39
Micro-economics deals primarily with
Discuss
Answer & Solution
Answer: Option D
No explanation is given for this question. Let's Discuss on Board
40
With reference to inflation, which of the following statement is/are correct?
1. Expansion of credit increase inflation
2. Inflation leads favourable trade surplus
Select the correct answer
Discuss
Answer & Solution
Answer: Option A
No explanation is given for this question. Let's Discuss on Board