Most Competitive World Economy ( Economics ) MCQs – Up To Date Economics MCQs

Most Competitive World Economy ( Economics ) MCQs – Up To Date Economics MCQs

This post is comprising of latest ” ( Economics ) MCQs – Latest Competitive Medical MCQs “. Here you’ll get latest Economics mcqs for written test, interview with answers. If you want to improve your knowledge regarding Economics then read these mcqs of Design of Steel Structures.

Latest Economics MCQs

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Latest World Economy ( Economics ) Mcqs

The most occurred mcqs of World Economy ( Economics ) in past papers. Past papers of World Economy ( Economics ) Mcqs. Past papers of World Economy ( Economics ) Mcqs . Mcqs are the necessary part of any competitive / job related exams. The Mcqs having specific numbers in any written test. It is therefore everyone have to learn / remember the related World Economy ( Economics ) Mcqs. The Important series of World Economy ( Economics ) Mcqs are given below:

To maintain its economic position, Japan has often limited the number of cars or the quantity of farm products that the United States can sell in Japan Japan has imposed these limits to develop ?

A. an equality of trade position
B. a favorable balance of trade
C. a belief system
D. a more open market

One principle in the theory of mercantilism is that colonies should be_____________?

A. encouraged to develop their own industries
B. Considered an economic burden for the colonial power
C. granted independence as soon as possible
D. acquired as markets and sources of raw materials

During the 1980s and 1990s the economic policies of China, supported by Deng Xiaoping have led directly to______________?

A. a return to a strict command economy
B. an increase in trade with the West
C. an expansion of China’s colonial empire
D. the success of the commune system

Which factor best accounts for the existence of cash-crop production as a major form of agriculture i many central American nations today ?

A. demand of world markets for such crops
B. peasant ownership of most farmlands
C. inadequate supply of water and other natural resources
D. lack of modern agricultural technology

In recent years, which factor has been major reason for the economic tensions between the United States and China ?

A. The United States refused to place quotas on Chinese goods
B. China’s trade deficit with the United States was very high
C. The United States imported more from China than it exported to China
D. China lowered tariffs on goods imported from the United States

Which situation has contributed most recent Japanese economic growth ?

A. Japanese industries spend very little on the research and development of new products
B. The Japanese government has place limits on Japanese exports
C. The Japanese government and Japanese businesses have cooperated with each other
D. Japanese citizens save less of their incomes than the citizens of other industrialized nation do

A comparison of Japan’s policies before 1945 with the policies in effect after 1945 indicates that______________?

A. democratic institution hinder economic growth
B. dependence on foreign trade usually leads to a weakened national economy
C. territorial aggression is not necessary to secure national economic goals
D. reduction in spending on military goods leads to economic depression

Throughout the 1800’s Russia was interested in acquiring Turkey mainly because Russia wanted ?

A. to reestablish the Byzantine Empire
B. access to the Mediterranean Sea
C. to main peace in the Middle East
D. The rich farmland of the Anatolian Plateau

Which condition is a major obstacle to economic development in the Middle East and Northern Africa ?

A. use of strip mining to obtain minerals
B. lack of access to world markets
C. reliance on capitalist economic systems
D. scarcity of water resources

What was the third buffalo producing country ?

A. Pakistan
B. Nepal
C. India
D. China

Cucumbers are almost how old ?

A. 15,000 years
B. 1000 years
C. 300 years
D. 4000 years

Application Of Economics MCQs

Wisconsin in the US leading distributor in what producer ?

A. broccoli
B. lettuce
C. cabbage
D. onions

Which fruit is an offspring of the pummel ?

A. Strawberry
B. Kiwi
C. Grapefruit
D. Peach

Which of the following is not a Cash Crop ?

A. Sugarcane
B. Wheat
C. Cotton
D. None of them

Which is not a type of mushroom ?

A. Oyster
B. Moral
C. Bugouy
D. Cremini

Wheat being a plant of temperate zone grows well on plains away from sea and having moderately dry climate World’s maximum production of wheat is obtained from ?

A. Canada
B. China
C. Australia
D. Russia

Which of the following countries is known as sugar bowl ?

A. Argentina
C. China
D. Cuba

What country had the largest area of forest ?

A. Brazil
B. United States
C. Canada
D. Russia

Which country produced the second most rubber ?

A. Thailand
B. Indonesia
C. India
D. Malysia

The crop most susceptible to frost is_______________?

A. Wheat
B. cotton
C. red gram
D. black gram

What was the third mild producing country ?

A. Russia
B. Germany
C. United States
D. France

What was the top milk producing country ?

A. United States
B. Russia
C. Germany
D. France

Brassical in the Latin name for what spice ?

A. mustard
B. Salt
C. pepper
D. basil

Groundnut crop is the monopoly of ____________?

A. Bangladesh
B. Indonesia
C. Pakistan
D. India

Loas Ginger is otherwise known as_______________?

A. Glalangal
B. Ghialiangale
C. Ghalingale
D. Galangal

What was the top timber producing country ?

A. China
B. United States
C. India
D. Brazil

Which country leads in production of barley among the following ?

A. India
B. China
D. Canada

What is the second sheep producing country ?

A. China
B. Australia
D. India

What is the second cattle producing country ?

A. Argentina
B. India
C. United States
D. China

The impact of industrialization in India is most conspicuously reflected in ?

A. crimes
B. widow marriage
C. the increasing rate of growth in urban population
D. inter-caste marriage

The relative deprivation approach attempts to______________?

A. determine the privileges of the rich
B. measure poverty of those below the poverty line
C. assess the deprivation of section of population as compared to the others
D. assess the minimum food Requirements

Which one of the following is the best criterion of contrast between a rural and urban community ?

A. Specific density of population
B. Specific size of population
C. Geographic location
D. Diversification of occupations

Average And Total Cost MCQs

Demography is the social science of ?

A. Type of attitude
B. A person
C. Mid of the way
D. population

Which is not a characteristic of urban life ?

A. Impersonal relationship
B. Loss of humanistic value
C. informal relationship
D. Competition

The degree of urbanisation of any given community is indicated by its?

A. population density
B. population size
C. population heterogeneity
D. All of the above

Which is the biggest seaport of the world ?

A. Singapore seaport
B. Rotterdam seaport
C. Settle seaport
D. None of these

The extent to which the results of a study can be generalized to the larger population refers to ?

A. face validity
B. internal validity
C. reliability
D. external validity

Which of the following countries lead in the production of Nickel ?

A. Canada
B. China
D. Russia

Continent of South America covers ___ of the total land of earth ?

A. 10.8%
B. 11.8%
C. 15.8%
D. 15.4%

Which of the following countries leads in the production of gold in the world ?

A. Bhutan
B. Indai
C. South Africa
D. China

What is the currency of Western Sahara ?

A. Dollar
B. Peso
C. Dirham
D. Pound

With which of the following items is Kimberley associated ?

A. Diamonds
B. Perfumes
C. Silver
D. Cereals

India is the world’s largest producer of ?

A. Coal
B. Iron ore
C. Mica
D. Copper

The leading producer of silver is ?

A. Russia
C. Mexico
D. South Africa

Copper may be found native that is in its pure state but is more often found in chemical combinations with ?

A. Gold, silver and lead
B. Iron, gold and silver
C. Iron, lead and sulphur
D. All of the above minerals

Higher summer temperature stiff soil capable of supporting heavy weight of plant is essential for ?

A. Jute
B. Rubber
C. Rice
D. None of these

Coffee requires hot and moist climate and grows best on slopes which of the following countries is leading in coffee production ?

A. India
B. Indonesia
C. Brazil
D. None of these

Which of the following is a kharif crop ?

A. Gram
B. Rice
C. Wheat
D. None of these

Which soil is best suited for deep rooted crops ?

A. Literate soil
B. Black soil
C. Red Soil
D. None of these

The highest population growth rate in the world is ?

A. India
B. Bangladesh
C. Pakistan
D. SriLanka

Which of the following countries lead in the production of Nickel in the world ?

A. Canada
B. China
D. Russia

Which of the following countries lead in the production of sugarcane in the world ?

A. India
B. Brazil
C. China

Which of the following countries leads in the production of sugar in the world ?

A. Cuba
B. India
D. Brazil

The world’s largest oil refinery of the world is located at ?

A. Tabriz (Iran)
B. Riyadh (Saudi Arabia)
C. Lagos (Nigeria)
D. Abadan (Iran)

Which of the following countries is the largest producer of coal in the world ?

A. Pakistan
B. China
C. Russia

The Meaning And Measurement Of Economic Development MCQs

The largest producer of silk in the world is ?

A. China
B. Japan
C. India
D. Brazil

Which of the following countries is the leading producer of rice in the world ?

A. Argentina
B. Australia
C. China
D. Cuba

Malnutrition is one of the main reasons behind the high mortality rates among ?

A. infants
B. mothers
C. both a & b
D. not a nor b

What is the total population of Nauru ?

A. 1800
B. 1950
C. 1900
D. 2510

Which country produced the third most rubber ?

A. Indonesia
B. India
C. Thailand
D. Malaysia

What kind of soil is treated with gypsum to make it suitable for cropping ?

A. Alkaline
B. Waterlogged
C. Acidic
D. None of these

In which of crops Russia does not lead ?

A. Wheat
B. Cotton
C. Barley
D. Sugarcane

What country produces the original Edam cheese ?

A. Australia
B. Sweden
C. Netherlands
D. Switzerland

Name the country which is the largest producer of Dry Milk in the World is?

A. Norway
B. Netherlands
C. Switzerland
D. Peru

Which country produced the most rubber ?

A. India
B. Thailand
C. Indonesia
D. Malaysia

What was the second milk producing country ?

A. Germany
B. United States
C. Russia
D. France

The largest fishing catching ground in the world is ?

A. Mediterranean sea
B. Arabia Sea
C. North West Pacific Ocean
D. East China Sea

How much of the total population of the world is living in Asia ?

A. 62%
B. 51%
C. 55.5%
D. 58.6%

Which country is the biggest producer of wool in the world ?

A. Russia
B. Pakistan
D. Australia

Among the world’s largest cotton growing countries. Pakistan stands at number ?

A. Six
B. Four
C. Three
D. Eight

Most Competitive World Economy ( Economics ) MCQs – Up To Date Economics MCQs

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