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1. Which of the following is the safest investment?




2. Net Present Value (NPV) is calculated as




3. IMF provides assessments of latest public finance developments in its




4. The ratio between amount of profit and investment is known as




5. In Finance, risk is calculated by calculating the _____ of possible outcomes.




6. The Internal Rate of Return (IRR) is the rate of discount that makes Net Present Value (NPV)




7. An investment should be accepted if its Net Present Value (NPV) is




8. An investment should be accepted if




9. World Trade Organization (WTO) was established on 1 January




10. USMCA (United States-Mexico-Canada) free trade agreement has replaced




11. A company sent a job offer letter to a candidate on 2 May 2020. The candidate received the letter on 4 May 2020. The communication of offer is completed on




12. A company sent a job offer letter to a candidate. The candidate sent the acceptance letter on 2 May 2020 and the company received the letter on 4 May 2020. The communication of acceptance is completed on




13. Which of the following product is likely to be produced using division of labour?




14. Which source of financing is not available to a sole proprietor and a partnership?




15. Which of the following is an example of a credit sale?




16. Which of the following is not a function of a warehouse?




17. At which stage the production is completed?




18. Which from the following risk is non-insurable?




19. Exports are ____ and imports are ____.




20. What document will be sent to a buyer when the buyer returns some damaged goods?




21. An asset that pays the regular interest payments and repay the original amount at the maturity is known as




22. An asset that pays a fixed amount of cash at regular intervals for a specified number of years is known as




23. An increase in supply _____ the price and _____ the quantity demanded.




24. A businessman opportunity should be accepted if it has _____ net present value.




25. In a monopolistic competition, a business obtains its maximum-profit position where




26. The fundamental concept of Economics about resources is that the resources are




27. Consider a world without scarcity of resources. Then what would be the consequences?




28. Who is considered the founder of Microeconomics?




29. Who is considered the founder of modern Macroeconomics?




30. When analyzing the impact of a variable on the economic system, the other things




31. Inputs are combined with technology to produce outputs. The fundamental inputs (also called factors of production) are




32. Goods produced to produce yet other goods is called




33. Which economic term is used to represent inequality in income distribution?




34. The value of the good or service forgone by choosing another investment is called




35. The central role of markets is to determine the




36. The branch of economics concerned with overall performance of the economy is known as




37. The branch of economics concerned with the use of statistical methods to obtain empirical results for economic relations is known as




38. The branch of economics concerned with the behavior of markets, firms, and households is known as




39. An economy is producing efficiently when no individuals economic welfare can be improved unless




40. Taxes are used to discourage __________ of a commodity.




41. Subsidies are used to encourage __________ of a commodity.




42. Which from the following economic resources cannot be converted into commodity?




43. Which from the following are features of a modern economy?




44. When no firm or consumer is large enough to affect the market price, the market is assumed to have




45. Which from the following are the results of imperfect competition in the markets?




46. When one event occurred before another event, the fallacy in economic reasoning that the first event caused the second event is called




47. When we assume that what is true for the part is also true for the whole, we are committing




48. The three fundamental economic problems every human society must confront and resolve are




49. The three fundamental economic problems of what, how, and for whom are solved by




50. Fiscal policy consists of governments