12th Class ICS Economics Chapter Wise Online MCQ Test With Answers PDF

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

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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

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

Money market A
Stock exchange B
Commercial Bank C
Does not lend D

Question # 2

When the country development

Per capita incoe rises A
Specialization increases B
Urbanization rises C
All of the above D

Question # 3

It helps countries to meet deficit in balcne of payments.

IMF A
WTO B
World Bank C
UNO D

Question # 4

In Pakistan Income tax is

Progressive tax A
Regressive tax B
Proportional tax C
Fixed tax D

Question # 5

Cross cheque has a cross sign in the

Right side upper comer A
Right side lowr comer B
It does not have cross sign C
Left side upper corner D

Question # 6

Credit money is controlled by

Central bank A
Market forces B
Commercial Bank C
Government D

Question # 7

Pakistan per capita income in less than.

Japan A
India B
Korea C
All D

Question # 8

If no money is used to exchange goods it is called.

Barter A
Currency B
Black Market C
Free Trade D

Question # 9

A Triff

Increase the volume trade A
Reduces the volume of trade B
Has no effect on volume of tradea C
a and c above D

Question # 10

In the equation MV =Py. V represents

Value of money A
Velocity of circulation of money B
Variation of nation income C
All of the above D

Question # 11

Union leaders are in a better position to bargain for higher wages if labour demand is.

Elastic A
Inelastic B
Very large C
Permanent D

Question # 12

When economic development takes place

Market imperfections increase A
Population increases B
Capital stock increases C
B and C above D

Question # 13

National income equals.

c+ I+g A
c-i-g B
c-s-g C
c+s+g D

Question # 14

By 2018 Pakistan's total population reached approximately

180 million A
210 million B
240 million C
270 million D

Question # 15

The natures of unemployment due to machanization of agriculture is

Seasonal A
Structural B
Frictional C
Permanent D

Question # 16

They are NOT much affected by rising prices.

Salaried persons A
Business B
Debtors C
Importers D

Question # 17

Macroeconomics is concerned with.

Aggregate economic activity A
Spending decisions of households B
Hod to produce goods C
How tobuy stocks and bonds D

Question # 18

Flxible exchange rate sytem has the advantage.

Automatic adjustment of balcne of payments A
Easy to borrow form world bank B
Encouragds exports C
None of the above D

Question # 19

The Government can colect funds from

Taxes A
Fees B
Prices of public goods C
All the three D

Question # 20

Medium term plan covers

Less than 2 years A
3 to 5 years B
5 to 10 years C
10 to 15 years D

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Here is List Of Chapter Wise Tests

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

Top Scorers of ICS Part 2 Economics English Medium Online Test

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Laiba Muqaddas 23 - Jul - 2024 00 Min 26 Sec 20/20
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Muhammad Kashif 26 - Apr - 2024 02 Min 57 Sec 20/20
H

Hira Ishaq 16 - Jul - 2023 01 Min 30 Sec 19/20
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M.Attiq-U-Rehman 11 - Jan - 2024 02 Min 14 Sec 19/20
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Salman Jutt 23 - Jul - 2022 01 Min 50 Sec 17/20
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Nadira Nazrul 02 - Nov - 2022 02 Min 32 Sec 17/20
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Zahra Haq 20 - Jan - 2024 10 Min 03 Sec 17/20
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Saim Ali 23 - Oct - 2024 02 Min 38 Sec 13/20
A

Aleena Ahsan 04 - Aug - 2023 06 Min 16 Sec 13/20
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Shad Ali Shah 12 - Aug - 2024 06 Min 23 Sec 13/20
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shahid 22 - May - 2023 09 Min 26 Sec 13/20
A

Asad Abdullah 28 - Apr - 2024 10 Min 56 Sec 13/20
V

VENOM oP 28 - Apr - 2024 03 Min 16 Sec 12/20
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Suleman Sarwar 27 - Oct - 2022 04 Min 20 Sec 12/20
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Meme x Gaming 23 - May - 2023 07 Min 17 Sec 12/20

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

ICS Part 2 Economics English Medium Full Book Test

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

ICS Part 2 Economics English Medium Online Test

ICS Part 2 Economics English Medium Online Test

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

When the country development

It helps countries to meet deficit in balcne of payments.

In Pakistan Income tax is

Cross cheque has a cross sign in the

Credit money is controlled by

Pakistan per capita income in less than.

If no money is used to exchange goods it is called.

A Triff

In the equation MV =Py. V represents

Union leaders are in a better position to bargain for higher wages if labour demand is.

When economic development takes place

National income equals.

By 2018 Pakistan's total population reached approximately

The natures of unemployment due to machanization of agriculture is

They are NOT much affected by rising prices.

Macroeconomics is concerned with.

Flxible exchange rate sytem has the advantage.

The Government can colect funds from

Medium term plan covers

ICS Part 2 Economics English Medium Full Book Online Test

Here is List Of Chapter Wise Tests

Top Scorers of ICS Part 2 Economics English Medium Online Test

Test Questions

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