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Online Tests
ICS Part 2 Economics English Medium Online Test MCQs With Answers
Question # 1
Unemployment tkes place because of.
Choose an answer
High demand for labour
High population growth rate
More exports
Higher education
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Question # 2
There are obstacles to rapid economic development of Pakistan
Choose an answer
Social
Political
Cultural
All of the above
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Question # 3
Transfer payments means.
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Bank loans
The payment without work
Payments made to all factors of production
Tax payments
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Question # 4
The lower literacy rate in females is due to.
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Lack of access to educational institutions
Parental ignorance
Discriminatory socialnorms
all of the above
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Question # 5
The largest share in Pakistan's GNP is that of.
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Services
Industry
Agriculture
Banking
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Question # 6
Infrant mortality rate in Pakistanis.
Choose an answer
45
65
85
105
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Question # 7
Demand deposite are
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Bank notes
Money
Considered as ner money
Legal money
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Question # 8
It Japan and Pakistan start free trade differene in wges in two counties will
Choose an answer
Increase
Decrease
Double
No effect
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Question # 9
All are advantages of oreign trade Except.
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People get foreign exchange
Difference in politicla system
Difference in markets
Difference in ideology
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Question # 10
Which of the following would increase national income.
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Increase in taxation
incerese in savings
Increase in govt spending
Decrease in consumption spending
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Question # 11
The countribution of industrial section our GDP is.
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10%
20%
30%
40%
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Question # 12
It would increase the lvel of national income.
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An increase in taxation
A reduction in governmnet spending
An increase in exports
Students scholarships
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Question # 13
PI is equivalent to
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DPI Minus personal taxes
DIP Plus unerned receipts
DPI Minus income earned but not received
NI plus unearned receipts minus personal taxes
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Question # 14
MPC is always.
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Positive
Negative
Zero
More then APC
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Question # 15
The government spends on education percentage of GDP
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2
6
8
10
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Question # 16
This wil cause anincrease in national income
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Rise in exports
Fall in consumer spending
Rise in imports
Increase in saving
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Question # 17
Working population in Pakistan i in the ratio of total population
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1/3
1/2
1/4
1/5
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Question # 18
Short term loans can be obtained in.
Choose an answer
Money market
Capital market
Exchange market
Stock Market
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Question # 19
Life expectancy in Pakistan is
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Less than 60 years
Betwene 60 and 70 years
Between 70 and 80 years
More than 80 years
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Question # 20
If C = 200 and I = 40 then Y will equal
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160
240
8000
None of the above
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Question # 21
Visible exports include
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Remittance
Computer Hardware
Computer software
Transport cost
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