All Free Economics MCQs with Answers

• A. Consortium
• B. Pool
• C. Incorporation
• D. Conglomerate

Explanation: A consortium is an association of independent companies that combine resources for a particular common objective while generally remaining…

• A. Conglomerate
• B. Multinational
• C. giant
• D. Incorporation

Explanation: A conglomerate is a firm operating in two or more largely unrelated lines of business.

• A. Night Price
• B. Closing Price
• C. End price
• D. Final price

Explanation: The closing price is the price recorded for the final transaction in a stock during a trading session.

• A. A big company
• B. Stock market
• C. Joint-stock
• D. A multinational company

Explanation: Bourse is a French term for a stock exchange or stock market where securities are bought and sold.

• A. Call price
• B. Bid price
• C. Term Price
• D. Future Price

Explanation: The call price is the price at which a bond issuer may redeem or retire the bond on a specified call date.

• A. Management
• B. Board of Governor
• C. Top brass
• D. Board of Directors

Explanation: Shareholders elect the board of directors to oversee the corporation and perform responsibilities established by its charter.

• A. Open bond
• B. Blank bond
• C. Term bond
• D. Bearer bond

Explanation: Bearer bonds are not registered in the owner's name on the issuer's books; possession generally establishes ownership.

• A. Bid
• B. Offer price
• C. Quote price
• D. None of these

Explanation: A bid is the price a prospective buyer is prepared to pay for a security.

• A. Market with upward and stock prices.
• B. Market with a prolonged period of falling stock prices
• C. A very big market
• D. A very big industrial market

Explanation: A bear market is characterised by a sustained or prolonged decline in stock prices and generally pessimistic investor expectations.

• A. Checking
• B. Audit
• C. Stock-taking
• D. Accounting

Explanation: An audit is an independent examination of accounting records and financial statements to assess whether they follow accepted accounting…

• A. Value addition
• B. Excise
• C. Value added
• D. Tax on stage

Explanation: Value added is the increase in worth created at each stage of production or distribution, calculated as output value minus the cost of…

• A. Insignia
• B. Patent mark
• C. Trade Mark
• D. Identification mark

Explanation: A trademark is a distinctive name, symbol, or mark placed on goods or packaging to identify the trader or producer.

• A. Cost push theory
• B. Supply and Demand theory
• C. Fundamental theory
• D. Ricardo's theory

Explanation: The supply-and-demand theory explains price adjustment: excess supply puts downward pressure on prices, while excess demand creates upward…

• A. Share holding
• B. Stake
• C. Partnership
• D. None of these

Explanation: A stake is an ownership share or financial interest in an enterprise. Shareholding is the possession of shares, while partnership is a…

• A. Royalty
• B. Rent
• C. Share
• D. Intellectual royalty

Explanation: A royalty is a payment made for the right to use or exploit a privilege, such as a patent, copyright, mineral deposit, or franchise.

• A. Registering
• B. Going public
• C. Debuting
• D. Public offering

Explanation: When a company offers its newly issued securities for sale to the general public, the transaction is called a public offering and is…

• A. Formal summary of proposed project
• B. Document describing chief features of something for participants
• C. Both of them
• D. None of them

Explanation: A prospectus is a formal document that summarizes a proposed investment or project and explains its main features to prospective…

• A. Price competition
• B. Price support
• C. Price war
• D. Price battle

Explanation: A price war occurs when competing firms repeatedly reduce prices to undercut one another and attract customers.

• A. Real value
• B. Net value
• C. Par value
• D. Gross value

Explanation: Par value is the nominal value printed or legally assigned to a security, especially a bond or share.

• A. Conveyance of property as security for debt
• B. Conveyance of company security for debt
• C. Guarantee for debt
• D. Assurance of debt repayment

Explanation: A mortgage is the transfer or conveyance of an interest in property as security for a loan or other debt.