M C Q s D r i v e

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.

Which of the following is not among the most advanced global food chain cluster with headquarters in the US ?
A cargil/Monsanto
B ConAgra
C Novartis/ADM
D Procter & Gamble
Correct Answer: Procter & Gamble
Which of the following statement about rural and agricultural development is true ?
A Rural development is the same as agricultural development
B The agrarian community requires a full range of services such as schools merchants banks and so on
C Household nonfarm income is uncorrelated to farm productivity and uncorrelated to farm productivity and household incomes in Kenya
D China’s rural population receives little income from nonfarm income
Correct Answer: The agrarian community requires a full range of services such as schools merchants banks and so on
Which of the following is not a consequence of growing agricultural commercialization ?
A An increase in the number of landless laborers
B An increase in rural poverty
C Women gain in decision making power
D Workers nutrition is reduced
Correct Answer: Women gain in decision making power
Most of Latin America has been characterized by ______ large land-grand estates owned by the few and ________ small poor holdings that rarely provide adequate employment for a family ?
A multitudinous latitudinous
B latifundios, minifundios
C feudum, nocere
D grameen, repetto
Correct Answer: latifundios, minifundios
Amartya K. Sen emphasizes that having enough to eat depends on ?
A society’s system of entitlement
B an egalitarian income distribution
C low poverty rates
D society’s high Gini concentration
Correct Answer: an egalitarian income distribution
Which index combines measures of calorie availability (in relation to requirement) the growth of per capita daily energy supply food production food staples self-sufficiency, and variability of food production and consumption ?
A food sufficiency index
B food security index
C food self-intake index
D food growth index
Correct Answer: food security index
Which of the following is not a major factor raising LDC agricultural labor productivity ?
A new biological chemical mechanical inputs in production
B new technical and organizational knowledge from greater specialization
C expanded markets for agricultural output
D massive government intervention
Correct Answer: massive government intervention
Which scholar argues the following Plantations have no significant advantage over peasants [for] crops for which centralized processing and marketing are not necessary Cocoa and coconuts are typical examples of a lack of large scale economies Peasants can grow and process these crops in small lots with no large capital requirement beyond small indigenous tools and facilities ?
A Yujiro Hayami
B Raanan Weitz
C Hans Singer
D Tim Dyson
Correct Answer: Yujiro Hayami
Which of the following is not true about the specialized farm ?
A Such a farm is the most advanced
B Such a farm usually emphasizes
C Such a farm is labor intensive
D Such a farm uses advanced technology and takes advantage of economies of scale.
Correct Answer: Such a farm is labor intensive
Which of the following is not true about most farmers in LDCs ?
A The staple crop is the chief sources of food
B labor is underutilized except for planting and harvesting seasons
C On the traditional farm, output is always greater than consumption
D cultivators farm only as much land as their
Correct Answer: cultivators farm only as much land as their