Question # 1

The money called legal tender includes.

Choose an answer

Currency notes and credit cards

Currency notes and bank deposits

Currency notes and coins

Currency notes and cheques

Public spending on health is

Choose an answer

Less than 1%

More than 1 but less than 2%

More than 2 but less than 3%

More than 3

Life expectency in Pakistan is

Choose an answer

57

67

77

87

Under normal circumstances the velocity of circulation of money in a contry is.

Choose an answer

100%

negative

Less than 10

Zero

10-Rupees note is issued by

Choose an answer

National Bank

State Bank

Govt. of Pakistan

Governer State bank

Investment spending included the purchase of.

Choose an answer

Lottery coupon

Prize Bond

Residential construction

all of the above

Commercial bank in Pakistan are supervised by

Choose an answer

State Bank

National Bank

Finance Minister

World Bank

All labour is

Choose an answer

Homogeneious

Heterogenecous

Lazy

Intelligent

Standard of living of worker depends upon their

Choose an answer

Nominal wages

Real wages

Average product

Govt. Policy

International trade and domestic trade fiffer because of.

Choose an answer

Trade restrictions

Immobility of factors

Difference govt Policy

All of the above

Pakistan started its first five year plan in

Choose an answer

1947

1950

1955

1960

If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.

Choose an answer

Demand deposits

Tiem deposit

Saving account

Profit loss account

Environment includes.

Choose an answer

Ecosystem

Wildlife

Forests

All of the above

IMF has given loan to Pakistan. It wilimprove Pakistan's

Choose an answer

Current account

Capital Account

Overall balance of payments

B and c above

Nationalisation of banks was done in

Choose an answer

1974

1976

1978

1980

It would increase the lvel of national income.

Choose an answer

An increase in taxation

A reduction in governmnet spending

An increase in exports

Students scholarships

The bank established for loans to very small enterprises is called.

Choose an answer

Micro Finance Bank

Modarba Bank

SME bank

Firs Mini Bank

Aggregate demand means.

Choose an answer

Aggregate saving

Aggregate Income

Aggregate investment

Aggregate expenditure

The largest type of income in the Pakistan is

Choose an answer

Compensation of employees

Rental income

Proprietors income

Coporate profits

Pakistan exports as percentage GDP are.

Choose an answer

4%

8%

12%

16%

Forest in Pakistan are decreasing beacause.

Choose an answer

Populaton pressure

Poor consercation clanning

Climateic changes

All of the above

More Classes

Other Links

ICS Part 2 Economics English Medium Online Test MCQs With Answers

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer