12th Class Economics MCQ Test With Answer for Economics Full Book

Economics online test MCQS ICS part (2) 12th class

Economics is main subject for ICS students. it is taught by expert and professional teachers . Economics is science that deals with production, distribution and consumption of goods or the services or the material welfare of mankind.

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ICS Part 2 Economics English Medium Full Book Test

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ICS Part 2 Economics English Medium Chapter Wise MCQ's Test

ICS Part 2 Economics English Medium Online Test

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  • Total Questions20

  • Time Allowed30

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ICS Part 2 Economics English Medium Online Test

00:00
Question # 1

Unemployment tkes place because of.

Question # 2

Pakistan started its first five year plan in

Question # 3

The countribution of industrial section our GDP is.

Question # 4

Commercial banks accept deposits and provide

Question # 5

It is duducted from GNP to find NNP

Question # 6

The lower literacy rate in females is due to.

Question # 7

Which of the following would NOT be included in GNP

Question # 8

Exports of goods is called trade in

Question # 9

Balance sheet of a bank has two parts

Question # 10

Theory of omparative advantages was presented.

Question # 11

Which of the following compares everage pricw of exports to avarage Price of imports.

Question # 12

Barter means.

Question # 13

Which is the charactertistic of good money

Question # 14

National Income is.

Question # 15

Govt policy about exports and imports is called.

Question # 16

Unemployment rate in Pakisan is

Question # 17

Private sector participation is expending in.

Question # 18

10-Rupees note is issued by

Question # 19

The quantity demanded of money rises.

Question # 20

Measurement of economic development is based on.

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Here is List Of Chapter Wise Tests

Ch. # Test Name MCQs Available PDF File Launch Test
0 ICS Part 2 Economics English Medium Chapter 1 Online Test 66 Download PDF Launch Test
0 ICS Part 2 Economics English Medium Chapter 2 Online Test 16 Download PDF Launch Test
0 ICS Part 2 Economics English Medium Chapter 3 Online Test 30 Download PDF Launch Test
0 ICS Part 2 Economics English Medium Chapter 4 Online Test 20 Download PDF Launch Test
0 ICS Part 2 Economics English Medium Chapter 5 Online Test 50 Download PDF Launch Test
0 ICS Part 2 Economics English Medium Chapter 6 Online Test 20 Download PDF Launch Test
0 ICS Part 2 Economics English Medium Chapter 7 Online Test 20 Download PDF Launch Test
0 ICS Part 2 Economics English Medium Chapter 8 Online Test 20 Download PDF Launch Test
0 ICS Part 2 Economics English Medium Chapter 9 Online Test 16 Download PDF Launch Test
0 ICS Part 2 Economics English Medium Chapter 10 Online Test 20 Download PDF Launch Test
0 ICS Part 2 Economics English Medium Chapter 11 Online Test 21 Download PDF Launch Test
0 ICS Part 2 Economics English Medium Chapter 12 Online Test 16 Download PDF Launch Test
0 ICS Part 2 Economics English Medium Chapter 13 Online Test 20 Download PDF Launch Test

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Sr.# Question Answer
1 Cross cheque has a cross sign in the
A. Right side upper comer
B. Right side lowr comer
C. It does not have cross sign
D. Left side upper corner
2 Transfer payments means
A. Bank loans
B. The payment without work
C. Tax payments
D. Payments made to all factors of production
3 Foregn trade creates among countries.
A. Conficits
B. Cooperation
C. Hatred
D. None
4 What would encourage trade betwene two countries.
A. Different tax system
B. Frontier checks
C. National currencies
D. Reduce traiff
5 By 2018 Pakistan's total population reached approximately
A. 180 million
B. 210 million
C. 240 million
D. 270 million
6 The following is not a bank liability.
A. Demand Deposit
B. Time deposit
C. Loans
D. Saving Deposit
7 Medium term plan covers
A. Less than 2 years
B. 3 to 5 years
C. 5 to 10 years
D. 10 to 15 years
8 Which statemetn is true of the relationship betwene bond prices and bond yields.
A. They very invesrsely
B. They are not related
C. They tool very directly
D. They are related in long run and not in the short run
9 Which of the following would NOT be included in GNP
A. Govt. Transfer payments
B. Got. Purchase of an air plane
C. Payment for construction of highway
D. Salary paid for the presidents secretary
10 Central banks rate of lending to commercial banks is called.
A. Money rate
B. Control rate
C. Intrested rate
D. Discount rate
11 Whom of the followng propounded principles of taxation
A. Keynes
B. Adam Smith
C. Marshall
D. Ghazali
12 Mobility of labour
A. Increases efficiency of labour
B. Spolic labour
C. Incrresases division of labour
D. a and c above
13 Out of the following the only reconised legal lender is.
A. Bank notes
B. Cheque
C. Draft
D. Credite card
14 The most importnat fature of money
A. General acceptability
B. Store of value
C. Covertibility into gold
D. Medium of exchange
15 Oneof he following is NOT a feature of private finance.
A. Balancing of incoem and expenditure
B. Secrecy
C. Publicity
D. Saving some part of income
16 Under normal circumstances the velocity of circulation of money in a contry is.
A. 100%
B. negative
C. Less than 10
D. Zero
17 Life expectancy in Pakistan is
A. Less than 60 years
B. Betwene 60 and 70 years
C. Between 70 and 80 years
D. More than 80 years
18 Treasury bill is used for
A. Getting short term loans by central bank
B. Getting long term loans
C. Collecting govt. taxes
D. Make payments of utility bills
19 The highest govt body for economic planig is Pakistan is.
A. Planning Council
B. Planning Board
C. Planning commission
D. Planning Department
20 Value of money and supply of money are related.
A. Inversely
B. Directly
C. Govt.Law
D. Are not related
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