MANAGERIAL ECONOMICS MCQs

MANAGERIAL ECONOMICS MCQs

Here are some multiple-choice questions for the Managerial Economics course with the correct solution. These MCQs are collected and compiled from different online and offline sources. Which of the following is NOT one of the four basic types of market structure? Which of the following is an example of a public good? In microeconomics, what … Read more

Limitations of Macroeconomics

MACROECONOMICS LIMITATIONS

Introduction Macroeconomics is a branch of economics that deals with the study of the economy as a whole, rather than an individual or a unit. Macroeconomics is concerned with macro issues such as economic growth , inflation, unemployment, monetary and fiscal policies, and international trade. Macroeconomics aims to understand the causes and effects of economic … Read more

What is Money Laundering?

money laundering

Introduction Money laundering is an illegal practice of making the illegitimately obtained money into legitimate money, typically through complex financial transactions. Money laundering hides the true source of money. The main purpose of money laundering is to create a veil of legitimacy around the illicit funds. Money laundering involves taking money or assets that were … Read more

What is De-dollarization? Meaning and Reasons

DEDOLLARIZATION MEANING

Introduction Before we go into the growing concept of de-dollarization, it is necessary to understand the concept of dollarization. In simple terms, dollarization means the widespread use of the U.S. currency (dollar) as a medium of exchange, store of value, or unit of account in and during international transactions. Economist Steve H. Hanke popularized this … Read more

BANKING AND FINANCIAL SERVICES [2023]

BANKING AND FINANCIAL SERVICES OBJECTIVES

This article presents the multiple choice question for the course Banking and Financial Services. The Banking and Financial Services course is about understanding of banking system and banking services. _____________ is not a type of bank account. Which of the following is the main function of a commercial bank? What does ‘KYC’ stand for in … Read more

Principles of Management MCQs [2023]

PRINCIPLES OF MANAGEMENT OBJECTIVES

This article presents the multiple choice question for the course Principle of Management. The Principles of Management course presents the overview on concepts of management along with the principles and contemporary practices.

Development Economics MCQs [2023]

Development Economics MCQs

This article includes multiple choice question for Development Economics. References

Activity Based Costing (ABC) Method

ADVANTAGES AND DISADVANTAGES OF ACTIVITY BASED COSTING

Introduction Activity Based Costing (ABC)  is a costing method in accounting that focuses on different activities and resources that are essential to produce a product or service. The main focus of this costing method is to identify and analyze the activities and cost drivers that contribute to the production and then to assign costs to … Read more