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Online Tests
Economics Ics Part 2 English Medium Online Test MCQs With Answers
Question # 1
First women bank is
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Govt Bank
Privat bank
Non Scheduled bank
Investment Bank
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Question # 2
Govt. taxatio and spending policieis are called.
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Fiscal policy
Monetary policy
Commercial policy
Finance policy
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Question # 3
In circular flow model
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Govt. owns productive resources
Firms own productive resources
Households own productive resorces
Rent of land is not included
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Question # 4
Govt. prepares its budget
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Weekly
Montly
Quarterly
Annually
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Question # 5
Bank Prepare their balace sheet.
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Weekly
Monthly
Quarterly
Annualy
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Question # 6
State bank was established in .
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1948
1950
1952
1954
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Question # 7
Whcih is the mot widely used tool of monetary policy
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Open market operations
Issuing of notes
Discount rate
Cleaning house
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Question # 8
When economic development takes place
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Market imperfections increase
Population increases
Capital stock increases
B and C above
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Question # 9
GNP is
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Total Sales in the economy
Total monetary transactions in an economy
Sum of market values of all goods and services prodcued in an economy
Totla spending in an economy
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Question # 10
Cross cheque has a cross sign in the
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Right side upper comer
Right side lowr comer
It does not have cross sign
Left side upper corner
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Question # 11
Market value of all final goods and services produced in a country during a year is definition
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GNP
NNP
NI
Consumption
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Question # 12
Unemployment rate in Pakisan is
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6%
16%
20%
More than 20%
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Question # 13
Which is a function of commercial bank
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Acting as a govt. banker
Fixing the exchange rate
Making loans
Issueing bank notes
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Question # 14
The Government can colect funds from
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Taxes
Fees
Prices of public goods
All the three
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Question # 15
Foreign Trade
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Increses employment opportunites
Increases international mobility of labour
Increases competition
All of the above
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Question # 16
We can increase rate of economic growth in Pakistna if we icrease.
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Investment
Population
Imports
taxes
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