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Economics Mcqs 4423 MCQs [All-Courses]

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Economics MCQs cover fundamental concepts of microeconomics and macroeconomics, including demand and supply, inflation, national income, and economic policies.
This section is designed to strengthen analytical skills and conceptual understanding for competitive examinations.
Highly useful for PPSC, FPSC, NTS, OTS, KPPSC, and other testing services preparation.

All Topics  4423

Utilitarian organizations are so named because they ?
A produce useful things
B serve the practical purposes of their owners
C provide useful services to the community
D provide material benefits in exchange for work
Correct Answer: provide material benefits in exchange for work
A formal structure of an organizations is its_______________?
A leadership structure
B full-time employees
C bylaws and body of officers
D appearance to its general public
Correct Answer: bylaws and body of officers
Conflict_______________?
A underlies both competition and coercion
B is diametrically opposed to competition
C is a hostile form of struggle?
D all of the above
Correct Answer: is a hostile form of struggle?
According to Daniel Bell the first technological revolution_______________?
A was the first of three such revolution
B entailed the harnessing of electricity
C involved a change in farming techniques
D all of the above
Correct Answer: was the first of three such revolution
A separation of institutional forms is most characteristic of__________________?
A industrial societies
B agricultural societies
C pastoral societies
D horticultural societies
Correct Answer: industrial societies
The most self-sufficient group is________________?
A the family
B the military
C ones in-group
D society
Correct Answer: society
Which of the following is NOT true of primary relations ?
A they cannot exist in secondary groups
B they are always harmonious
C the family is the only source of primary relation
D all of the above
Correct Answer: all of the above
“Humanity “is__________________?
A an aggregate
B a group
C a category
D all of the above
Correct Answer: a category
The struggle of women and ethnic minorities to change certain discriminatory practices concerns ?
A role strain
B ascribed statuses
C master statuses
D role conflict
Correct Answer: ascribed statuses
Master status refers to________________?
A the attainment of recognized excellence
B a dominant position in a relationship
C the most widely recognized among several positions
D the position from which all other positions are derived
Correct Answer: the most widely recognized among several positions
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