অর্থনীতি MCQs
Showing 50 questions (Total: 580)
খুলনা বিশ্ববিদ্যালয় (B Unit) #351
Mr. Abul Kashem has set up a poultry firm with an investment of TA. 50.000 . He gets an average yearly income of TA. 36,000 from the firm. If he did not set up this poultry from such grocery he could get an yearly income of TA. 39,000 . What is the opportunity cost of the Poultry firm that Mr. Kashem is running?
A: TA. 50,000
B: TA . 37,500
C: TA. 39,000
D: TA. 11,000
Correct Answer:
C: TA. 39,000
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খুলনা বিশ্ববিদ্যালয় (B Unit) #352
A demand curve is most likely to shift out for any of the following reasons except:
A: Preference for a good increases
B: Price of a substitute falls
C: Income rises
D: Price of a complement falls
Correct Answer:
A: Preference for a good increases
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খুলনা বিশ্ববিদ্যালয় (B Unit) #353
Ability of goods and services to fulfill certain wants of human beings can be most appropriately explained by concept of
A: Demand
B: Utility
C: capability
D: Production
Correct Answer:
B: Utility
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খুলনা বিশ্ববিদ্যালয় (B Unit) #354
If the wageof firm laborers increases, what is the most likely change in the supply of firm laborers (no change in any possible intervening factor assumed)
A: Increase
B: Decrease
C: Neutral
D: None of these
Correct Answer:
B: Decrease
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খুলনা বিশ্ববিদ্যালয় (B Unit) #355
Rate of change of price of common cooking salt and the quantity demanded of such can be best described by the following elasticity state of demand (no change in any possible intervening factor assumed)
A: Elasticity less than sumity
B: Zero elasticity
C: Elasticity greater than unity
D: Unit elasticity
Correct Answer:
B: Zero elasticity
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খুলনা বিশ্ববিদ্যালয় (B Unit) #356
" ----- is a democratic country where government is elected through the general elcetion, but the Head of the state nominated through inheritance. Which of the following countries best fill sin the blank?
A: Bangladesh
B: Saudi Arabia
C: Australia
D: Britain
Correct Answer:
D: Britain
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খুলনা বিশ্ববিদ্যালয় (B Unit) #357
Which of the given words best fits in the blank ----- means first of all the absence of special privileges.
A: Liberty
B: Equality
C: Communality
D: Atrocity
Correct Answer:
B: Equality
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খুলনা বিশ্ববিদ্যালয় (B Unit) #358
If all the factors of productions are increased in a fixed proportion , volume of production increase proportion which is greater than the proportion of increase in the factors of production -this state can be described most appropriately by -
A: Proportionate return to scale
B: Disproportionate return of scale
C: Increasing return to scale
D: Law of scale
Correct Answer:
C: Increasing return to scale
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খুলনা বিশ্ববিদ্যালয় (B Unit) #359
To increase growth, government should most likely to do all of the followings except:
A: Encourage savings and investment
B: Nationalize major industries
C: Encourage research and development
D: Promote free trade
Correct Answer:
B: Nationalize major industries
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খুলনা বিশ্ববিদ্যালয় (B Unit) #360
In a perfectly competitive market, relationship between 'average revenue (AR) and ' marginal revenue (MR)' can be best described by
A: AR> MR
B: AR =MR
C: AR/MR
D: AR< MR
Correct Answer:
B: AR =MR
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খুলনা বিশ্ববিদ্যালয় (B Unit) #361
which is the top most in the hierarchy of local government in Bangladesh?
A: District Commissioner
B: District Council
C: Upazilla Council
D: Union Council
Correct Answer:
B: District Council
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খুলনা বিশ্ববিদ্যালয় (B Unit) #362
which of the followings is not counted in calculation of 'Goss Domestic Product -GDP' of Bangladesh.
A: Ready -made garment produced in Bangladesh
B: Shrimp produced in Bangloadesh
C: Bangladeshi workers working abroad
D: Jute produced in Bangladesh
Correct Answer:
C: Bangladeshi workers working abroad
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খুলনা বিশ্ববিদ্যালয় (B Unit) #363
Which of the followings is most likely not the function of legislature in Bangladesh?
A: Amendment of Constitution
B: Running the tax administration
C: Formulation of law
D: Formulation of rules for the government
Correct Answer:
B: Running the tax administration
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খুলনা বিশ্ববিদ্যালয় (B Unit) #364
Which of the following sections of the constitution of Bangladesh describes fundamental rights of the citizen?
A: Section 16-35
B: section 26-45
C: section 35-55
D: section 46-65
Correct Answer:
B: section 26-45
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খুলনা বিশ্ববিদ্যালয় (B Unit) #365
which of the following are the elements of nationality?
A: Increasing production
B: Increasing demand
C: Increasing supply
D: Increasing savings
Correct Answer:
D: Increasing savings
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খুলনা বিশ্ববিদ্যালয় (B Unit) #366
which one the followings is the most appropriate example of 'pressure group' in Bangladesh?
A: University Grants Commission
B: Office of the prime Minister
C: Anticorruption Commission
D: Consumers Association of Bangladesh
Correct Answer:
D: Consumers Association of Bangladesh
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খুলনা বিশ্ববিদ্যালয় (B Unit) #367
which one of the followings was not one of the basic principles of state policy according to 1972 constitution of Bangladesh?
A: Democracy
B: Nationalism
C: Economic Justice
D: Secularism
Correct Answer:
C: Economic Justice
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খুলনা বিশ্ববিদ্যালয় (B Unit) #368
which of the given terms best fits in the blank: ---- is the pattern of individual attitudes and orientations toward politics among the members of a political system.
A: Political culture
B: Political economy
C: Political sociology
D: political capital
Correct Answer:
A: Political culture
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খুলনা বিশ্ববিদ্যালয় (B Unit) #369
Opportunity cost is best defined as the value of :
A: All the other possible things that the decision maker could have chosen
B: The alternative that the decision maker would have chosen from the available
C: What is gained from the alternative that is chosen.
D: The next best alternative that the decision forces one to give up
Correct Answer:
D: The next best alternative that the decision forces one to give up
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খুলনা বিশ্ববিদ্যালয় (B Unit) #370
The law of diminishing marginal production is more applicable to which of the following sector's?
A: Industry
B: Agriculture
C: Handicrafts
D: Services
Correct Answer:
B: Agriculture
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খুলনা বিশ্ববিদ্যালয় (B Unit) #371
Equation of total cost is :
A: TC=VC+TC
B: TC=FC +MC
C: MC =TC +AC
D: TC = FC +VC
Correct Answer:
D: TC = FC +VC
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খুলনা বিশ্ববিদ্যালয় (B Unit) #372
In the mixed economy:
A: Economic problems are solved by the govermen
B: Economic decisions are made by the private sector and free market
C: Economic allocation is achieved by the invisible hand .
D: Economic questions are solved by the government departments
Correct Answer:
A: Economic problems are solved by the govermen
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খুলনা বিশ্ববিদ্যালয় (B Unit) #373
Mr. Abul Kashem has set up a pultry firm with investment of TA, 50,000. He gets an average yearly income of TA. 36,000 from the firm, If he did not set up this poultry firm, with this investment he could set up a grocery shop. From such grocery he could get an yearly income of TA. 39,000. What is the opportunity cost of the Poultry firm that Mr. Kashem is running?
A: TA. 50,000
B: TA. 37,500
C: TA. 39,000
D: TA. 11,000
Correct Answer:
C: TA. 39,000
Related Topics
খুলনা বিশ্ববিদ্যালয় (B Unit) #374
Ability of goods and services to fulfill certain wants of human beings can be most appropriately explained by the concept of-
A: Demand
B: Unility
C: Capability
D: Production
Correct Answer:
B: Unility
Related Topics
খুলনা বিশ্ববিদ্যালয় (B Unit) #375
Rate of change of price of common cooking slat and the quantity demanded of such can be best described by the following elasticity state of demand (no change in any possible intervening factor assumed).
A: Elasticity less than unity
B: Zero elasticity
C: Elasticity greater than unity
D: Unit eleasticity
Correct Answer:
B: Zero elasticity
Related Topics
খুলনা বিশ্ববিদ্যালয় (B Unit) #376
It all the factors of productions are increased in a fixed proportion, volume of production increase proportion which is greater than the proportion of increase in the factors of production this state can be described most appropriately by-
A: Proportionate return to scale
B: Disproportionate return of scale
C: Increasing return to scale
D: Law of scale
Correct Answer:
C: Increasing return to scale
Related Topics
খুলনা বিশ্ববিদ্যালয় (B Unit) #377
Which of the followings is not counted in calculation of 'Gross Domestic Product- GDP" of Bangladesh.
A: Ready made garments produced in Bangladesh
B: Shrimp produced in Bangladesh
C: Bangladeshi workers working abroad
D: Jute produced in Banglaesh
Correct Answer:
C: Bangladeshi workers working abroad
Related Topics
খুলনা বিশ্ববিদ্যালয় (B Unit) #378
In a perfectly competitive market, relationship between 'average revenue (AR)' and 'marginal revenue (MR)' can be best described by-
A: Ar>MR
B: AR = MR
C: AR/MR
D: AR
Correct Answer:
B: AR = MR
Related Topics
খুলনা বিশ্ববিদ্যালয় (B Unit) #379
Which of the given words best fits in the blank--------means first of all the absence of special privileges.
A: Liberty
B: Equality
C: Communality
D: Atrocity
Correct Answer:
B: Equality
Related Topics
খুলনা বিশ্ববিদ্যালয় (B Unit) #380
If the wage of firm laborers increases, what is the most likely change in the supply of firm laborers (no change in any possible intervening factor assumed)
A: Increase
B: Decrease
C: Neutral
D: None of these
Correct Answer:
B: Decrease
Related Topics
খুলনা বিশ্ববিদ্যালয় (B Unit) #381
Which of the followings are the elements of nationality?
A: Sovereignty and Geographic unity
B: Religious unity and Economic Solvency
C: Sovereignty and Religious unity
D: Religious unity and Geographic unity
Correct Answer:
D: Religious unity and Geographic unity
Related Topics
খুলনা বিশ্ববিদ্যালয় (B Unit) #382
Which of the followings is the main responsibility of the Supreme Judicial Council in Bangladesh?
A: Define code of conduct for the judges
B: Interpret the laws approved in the parliament
C: Take actions against violation of code of conduct of judges
D: All of the above
Correct Answer:
C: Take actions against violation of code of conduct of judges
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খুলনা বিশ্ববিদ্যালয় (B Unit) #383
Which of the followings is most likely not be function of Legislature in Bangladesh?
A: Amendment of Constitution
B: Running the tax administration
C: Formulation of law
D: Formulation of rules for the government
Correct Answer:
B: Running the tax administration
Related Topics
খুলনা বিশ্ববিদ্যালয় (B Unit) #384
Which of the followings is the primary element of building capital?
A: Increasing rpduction
B: Increasing demand
C: Increasing supply
D: Increasing savings
Correct Answer:
D: Increasing savings
Related Topics
খুলনা বিশ্ববিদ্যালয় (B Unit) #385
Which of the given terms best fits in the blank:------is the pattern of individual attitudes and orientations toward polities among the members of a political system.
A: Political culture
B: Political ecomony
C: Political sociology
D: Political capital
Correct Answer:
A: Political culture
Related Topics
খুলনা বিশ্ববিদ্যালয় (B Unit) #386
"--------is a democratic country where government is elected through the general election, but the Head of the state is nominated through inheritance, Which of the following countries best fills in the blank?
A: Bangladesh
B: Saudi Arabia
C: Australia
D: Britain
Correct Answer:
D: Britain
Related Topics
খুলনা বিশ্ববিদ্যালয় (B Unit) #387
The marginal revenue of capital is the:
A: Change in a company's balance
B: Additional value of output from using an extra, unit of capital
C: Change in company's share price.
D: Changing value of the capital stock
Correct Answer:
B: Additional value of output from using an extra, unit of capital
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খুলনা বিশ্ববিদ্যালয় (B Unit) #388
Assume that the price of product Y decreases by 5% and the quantity supplied decreases by 2%. The coefficient of price elasticity of supply for product Y is:
A: Negative and therefore Y is an inferior product.
B: Less than one and therefore supply is-inelastic
C: More than-one and therefore supply is elastic,
D: Negative & supply curve is download slopping.
Correct Answer:
B: Less than one and therefore supply is-inelastic
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খুলনা বিশ্ববিদ্যালয় (B Unit) #389
The word "Civics" is derived from:
A: Civies
B: Civitas
C: Cevis
D: Civitatula
Correct Answer:
B: Civitas
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খুলনা বিশ্ববিদ্যালয় (B Unit) #390
Which of the following factors of production is most-mobile?
A: Land
B: Labor
C: Capital
D: Organization
Correct Answer:
B: Labor
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খুলনা বিশ্ববিদ্যালয় (B Unit) #391
Which of the followings is not a basis (element) of nationality?
A: Language
B: Religion
C: Ethnicity
D: Occuption
Correct Answer:
D: Occuption
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খুলনা বিশ্ববিদ্যালয় (B Unit) #392
All of followings are the type of utility EXCEPT:
A: Form utility
B: Time utility
C: Place utility
D: Value utility
Correct Answer:
D: Value utility
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খুলনা বিশ্ববিদ্যালয় (B Unit) #393
Microeconomics focuses on all of the followings EXCEPT:
A: Effects of increasing money supply on inflation
B: Buying behavior of an individual customer.
C: Labor recruitment decisions made by a business
D: Reasons for an increase in the price of orange juice.
Correct Answer:
B: Buying behavior of an individual customer.
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খুলনা বিশ্ববিদ্যালয় (B Unit) #394
The functions of family can be best expressed as:
A: Multifarious and dynamic
B: Limited and static
C: Routine and specified
D: None of these
Correct Answer:
A: Multifarious and dynamic
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খুলনা বিশ্ববিদ্যালয় (B Unit) #395
Social change can be brought out by:
A: Education
B: Religion
C: Renaissance
D: All of theses
Correct Answer:
D: All of theses
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খুলনা বিশ্ববিদ্যালয় (B Unit) #396
Which of the followings is the most important indicator of a civilized society?
A: Democracy
B: Constitution
C: Rule of law
D: Judicial system
Correct Answer:
C: Rule of law
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খুলনা বিশ্ববিদ্যালয় (B Unit) #397
Federal government is opposite to:
A: State government
B: Unitary government
C: Parliamentary government
D: Presidential government
Correct Answer:
C: Parliamentary government
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খুলনা বিশ্ববিদ্যালয় (B Unit) #398
Which of the followings is the medium of exchange in business and industry?
A: Paper
B: Share
C: Bond
D: Currency
Correct Answer:
D: Currency
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খুলনা বিশ্ববিদ্যালয় (B Unit) #399
The United Nations' Security Council consists of------permanent members.
A: 3
B: 4
C: 5
D: 6
Correct Answer:
C: 5
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খুলনা বিশ্ববিদ্যালয় (B Unit) #400
"Democracy is the government of the people, by the people and for the people"-whose definition is this?
A: Abraham Lincoln
B: George Washington
C: Jawaharal Neheru
D: A. K. Fazlul Haq
Correct Answer:
A: Abraham Lincoln
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