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

It is not included in estimation of national incoe

Question # 2

Foreign Trade

Question # 3

If money supply in a country decreses

Question # 4

International trade and domestic trade fiffer because of.

Question # 5

When a commercial bank creaes credite. Its immediate effect is tha tit raises.

Question # 6

A bank has Rs. 5 million in cash The minimum reserve ratio is 20% What is maximum potential increase in total deposite.

Question # 7

In GNP of pakistan rises. It will encourage

Question # 8

In equilibrium of nationalincome.

Question # 9

If C = 200 and I = 40 then Y will equal

Question # 10

If C= 200 and I= 40 Than Y will equal

Question # 11

Demand deposite mean

Question # 12

Direct taxes are not included in

Question # 13

Theory of omparative advantages was presented.

Question # 14

Pakistan per capita income in less than.

Question # 15

According to Keynes people demand money for purposes .

Question # 16

This is a characeristics of good money

Question # 17

Governmet finance is called.

Question # 18

Which is a flow concept.

Question # 19

Unemployment tkes place because of.

Question # 20

Total value fo all final goods and services produced annually by a country.

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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 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
2 Economic planning in Pakistan started
A. During 1950s
B. During 1960s
C. During 1970s
D. During 1980s
3 This will cause decrease in natioal income.
A. Rise in exports
B. Rise in saving
C. Increas in taxese
D. B and C above
4 Which shows equilibrium of national income
A. Consumption = investment
B. Saving = investment
C. Saving > investment
D. Saving < investment
5 When value of money falls, they benefits more
A. Debtors
B. Lenders
C. Farmers
D. Industrialist
6 Final balance of the payment of a country is
A. Always balance
B. Always dificit
C. Always surplus
D. Flucluates
7 Marginal propensity to consume MPC is.
A. Total income spent on consumption
B. Ratio of additionalincome consumed
C. Ratio of total income consumed
D. Consumption divided by saving
8 Acting as lender of last resort a cenral bank lend to.
A. Money market
B. Stock exchange
C. Commercial Bank
D. Does not lend
9 It is transfer payment
A. Payment o college tuition
B. A social securiy payment
C. Payment for a leased car
D. Intrest paid for a bank loan
10 GNP is always.
A. Less than NNP
B. Grether than NNP
C. Equal to NNP
D. Is found from NNP
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ICS Part 2 Economics English Medium Full Book Online Test

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