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Aptitude Test Topic: Economics

This section is comprised of MCQs on Economics.

Directions

The following are questions on Economics. Select the correct option to represent your answer.

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Economics: All Topics Practice MCQ

Question Statement:

Which among the following statements is not true when there is an increase in interest rate in an economy?

increase in saving

decrease in loan

increase in production cost

increase in capital return

Explanation:

Correct Answer: D

Sol. Interest rate increase the cost of borrowing, which results in lesser investment activity and the purchase of consumer durables. In a low interest-rate environment, shares become a more attractive buy, raising households’ financial assets.

Question: 5 Test: 5 of 5 Next Test

Tests

You are taking Aptitude Test No. 5

Each aptitude test is comprised of 10 except the last test which might have fewer than 10 in some topics.

You are at question (MCQ) number 5 and Test Number 5 of Economics: All topics. To deal with Economics questions, you must take lesson on the subject. In case of science and Art subjects revise your text books and in case of general aptitude topics take lessons from the topic page.

The question: Which among the following statements is not true when there is an increase in interest rate in an e .... with options: increase in saving , decrease in loan , increase in production cost, increase in capital return can be solved with the concepts and understanding of Economics.