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Functions and Graphs MCQs for Competitive Exams

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Functions and Graphs MCQs for Competitive Exams

Practice with answers, explanations, and exam-focused revision notes.

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Topic Notes: Functions and Graphs

These notes summarize the key preparation context before you attempt the MCQs. Review the topic focus, then practice the questions below with answers and explanations.

Quick Overview

Functions and Graphs MCQs in Economics are useful for candidates who need targeted practice for CSS, PMS, FPSC, PPSC, NTS, entry tests, and other competitive exams in Pakistan. This topic page is designed for quick revision, repeated practice, and exam-focused preparation.

Attempt the questions page by page, check the correct answers, read the explanations where available, and compare your weak areas with past papers and mock test performance. Consistent MCQ practice improves speed, confidence, and retention for objective exam sections.

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1
Calculate the percentage growth of an income that increases from Rs 10,000 to Rs 12,000 over one year.
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2
Which two parameters are required to define and construct a straight-line diagram?
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3
If a line graph indicates that lower values on the vertical axis correspond to higher values on the horizontal axis, what type of relationship is depicted?
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4
What is the term used to describe a quantity that does not change, representing the opposite of a variable?
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5
How is a positive linear relationship represented on a standard Cartesian coordinate graph?
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6
JCB plans to invest in a factory that will yield a return of Rs 50 million in four years. If the prevailing interest rate is 6%, what is the maximum cost the project can have for the investment to be viable?
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7
In economic modeling, what is the classification for a variable whose value is determined by the internal relationships of the model?
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8
Calculate the future value of a Rs100 deposit after five years with a 4% annual interest rate, compounded annually.
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9
What is the term for the current value of a future sum of money, calculated based on prevailing interest rates?
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