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

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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

00:00
Question # 1

The most important source of income of a goernemnt is.

Question # 2

Trade between two countries can be useful if cost ratios of goods are.

Question # 3

In the equation MV =PY represents

Question # 4

It helps countries to meet deficit in balcne of payments.

Question # 5

Which of the following is an example of primary production

Question # 6

Commodity sector contributes to national income of Pakistan.

Question # 7

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

Question # 8

Unemployment tkes place because of.

Question # 9

All labour is

Question # 10

Litracy rate is lower in

Question # 11

It would increase the lvel of national income.

Question # 12

Convert money means.

Question # 13

It creates credit

Question # 14

Unemployment rate in Pakisan is

Question # 15

Productive of labour can be increases by

Question # 16

Which type of card is not issued by central banks

Question # 17

According to Keynesmotives for holding money are.

Question # 18

Total number of branches of Pakistani banks is approximately

Question # 19

First women bank is

Question # 20

If we include it. national income will be over estimated


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 Real national income increases when
A. Prics of goods are rising
B. National savings increases
C. Quantity of goods and services increases
D. None of the above
2 Threre are methods of measurieng natinal income
A. 5
B. 4
C. 2
D. 3
3 It is counted in GDP
A. Sale price of an old car
B. A TV set produced this year but not sold
C. Purchase of 100 shares of PSO
D. The leisure people consume
4 Commodity sector contributes to national income of Pakistan.
A. 40%
B. 50%
C. 60%
D. 70%
5 MPC is always.
A. Positive
B. Negative
C. Zero
D. More then APC
6 By 2018 Pakistan's total population reached approximately
A. 180 million
B. 210 million
C. 240 million
D. 270 million
7 What would encourage trade betwene two countries.
A. Different tax system
B. Frontier checks
C. National currencies
D. Reduce traiff
8 Which of the following is a withdrawal from the circular flow of income stream.
A. Taxation
B. Consumption
C. Subsides
D. Investment
9 Commercial bank in Pakistan are supervised by
A. State Bank
B. National Bank
C. Finance Minister
D. World Bank
10 The countribution of industrial section our GDP is.
A. 10%
B. 20%
C. 30%
D. 40%
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