Most Competitive World Economy ( Economics ) MCQs – Up To Date Economics MCQs
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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
B. USA
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
C. USA
D. Canada
What is the second sheep producing country ?
A. China
B. Australia
C. UK
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
C. USA
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
B. USA
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
C. USA
D. Russia
Which of the following countries lead in the production of sugarcane in the world ?
A. India
B. Brazil
C. China
D. USA
Which of the following countries leads in the production of sugar in the world ?
A. Cuba
B. India
C. USA
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
D. USA
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
C. USA
D. Australia
Among the world’s largest cotton growing countries. Pakistan stands at number ?
A. Six
B. Four
C. Three
D. Eight