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.

Ilmkidunya makes tremendous efforts to provide the students quality educational data Ilmkidunya is providing online test services here for the online preparation. It is best and easy way to get prepare for the exams. There is ample of question are available on the website. These multiple choice questions, short Question /answer are made by under the instruction of expert teachers. Students are able to judge their ability and skills by solving this online test. There is 20 percent paper consist of objective. Students have to solve this part for getting good numbers. After solving these MCQS. Students not only become more competent but it also makes the students more comprehensive knowledge on the subject. Students can achieve brilliant success after attempting the entire question. Students can also review the result. Economics ICS part (2) students can practice these test again and again until they become fully expert in it

ICs students of others bises can also solve these test. All the others students want to get admission other universities, and apply for a job and appear in competition exams like CSS, NTS can take help from this website

 

ICS Part 2 Economics English Medium Full Book Test

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ICS Part 2 Economics English Medium Online Test

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  • Total Questions20

  • Time Allowed30

ICS Part 2 Economics English Medium Online Test

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Question # 1

Whenthe state bank wants be decrease money supply in the country it.

Question # 2

The government spends on education percentage of GDP

Question # 3

Velocity of circulation of money means.

Question # 4

The natures of unemployment due to machanization of agriculture is

Question # 5

GDP atconstnat prices, calculated according to some base year is called.

Question # 6

Banks discount it and adance loans.

Question # 7

The most important source of income of a goernemnt is.

Question # 8

If saving exceed investment then

Question # 9

Out following the only recognised legal tender is

Question # 10

Acting as lender of last resort a cenral bank lend to.

Question # 11

Exchange rate for currencies is determined by supply and demand in system of.

Question # 12

In erms of national income accounts, multiple counting efers to.

Question # 13

Transfer payments are not included in national income becaues.

Question # 14

A country does not trade with othr contries is called an economy

Question # 15

Which statment is true

Question # 16

PI is equivalent to

Question # 17

Litracy rate is lower in

Question # 18

Threre are methods of measurieng natinal income

Question # 19

Which One is equation of exchange.

Question # 20

In Pakistan Income tax is


Topic Test

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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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ICS Part II Economics Important MCQ's

Sr.# Question Answer
1 Demand depostis are.
A. Money
B. Banks notes
C. Legal money
D. Considerd and near money
2 The receipt of payments for goods exported and imported are counted in .
A. Capital Account
B. Trade Account
C. Current account
D. Monetary account
3 All labour is
A. Homogeneious
B. Heterogenecous
C. Lazy
D. Intelligent
4 Which one of the NOT a principle of taxation
A. Principle of equality
B. Pricniple of morality
C. Principleof certainty
D. Principle of diversity
5 The Government can colect funds from
A. Taxes
B. Fees
C. Prices of public goods
D. All the three
6 Which is a flow concept.
A. Number of my shirts
B. My montly income
C. My total wealth
D. Money Supply
7 Every country establishes centralbank to
A. Issue notes
B. Supervise commerical bank
C. Giveloans to businessmen
D. a and b of above
8 Working population is percent of total population of Pakistan.
A. 23%
B. 33%
C. 43%
D. 53%
9 A bank has Rs5 million in cash. The minimum reserve ratio is 20% What is maximum potential increase in total deposits
A. 0
B. 5 m
C. 10 m
D. 25 m
10 Central banks rate of lending to commercial banks is called.
A. Money rate
B. Control rate
C. Intrested rate
D. Discount rate
ic

ICS Part 2 Economics English Medium Full Book Online Test

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  • muhammad naeem

    muhammad naeem

    01 Jun 2019

    Dear Sir, may you provide me economics mcq's please i need 11th and 12th class both

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  • salman

    salman

    09 Oct 2018

    Allah is great

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  • User0

    User0

    10 May 2018

    most important questions full book.

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  • Ali Khan

    Ali Khan

    16 Apr 2018

    Allah is Great

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  • Ali Khan

    Ali Khan

    16 Apr 2018

    Allah is Great

    Like
    Reply