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Online Tests
Economics Ics Part 2 English Medium Online Test MCQs With Answers
Question # 1
Balance of payment of a country has major parts.
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2
3
4
5
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Question # 2
Macroeconomics is concerned with.
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Aggregate economic activity
Spending decisions of households
Hod to produce goods
How tobuy stocks and bonds
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Question # 3
In foreign trde protection policy means.
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Restrictions on imports
Restrictions on exports
Restriction on transfer of foreign exchagne
All of the above
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Question # 4
Pakistan is an economy
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Developing
Developed
Fast growing economy
a and c above
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Question # 5
Demand depostis are.
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Money
Banks notes
Legal money
Considerd and near money
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Question # 6
Which one is per capita income is
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Per worker income
Per person Income
Per family income
Per Industtrial unit income
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Question # 7
Whis is the largest figure
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NNP
GNP
DPI
PI
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Question # 8
In erms of national income accounts, multiple counting efers to.
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The addition to GNP of multiple units of a good
Counting cureently producedgoods more than once
The inclusion in GNP of gross spending and taxes
Counting both goods and services
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Question # 9
Which is money
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Cheque
Credite card
Currency
Prize Bond
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Question # 10
The bank established for loans to very small enterprises is called.
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Micro Finance Bank
Modarba Bank
SME bank
Firs Mini Bank
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Question # 11
Taxes on commodities are
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Direct taxes
Indirect Taxes
Progressive taxes
Propotional taxes
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Question # 12
It is avoided to make correct estimate of national income.
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Free services
Double counting
Export earnings
All of the above
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Question # 13
In Pakistan money a account is
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Paisa
Rupee
Gold
Dollar
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Question # 14
Quantity of oney has relation with alue of money
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Direct
Indirect
Inverse
No relation
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Question # 15
Which of the following is a withdrawal from the circular flow of income stream.
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Taxation
Consumption
Subsides
Investment
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Question # 16
Govt policy about exports and imports is called.
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Monetary policy
Fiscal policy
Commercial Policy
Finance policy
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