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

It helps countries to meet deficit in balcne of payments.

Question # 2

Invisible items in balce of payments include.

Question # 3

Which is likely to be higher in a developing country like Pakistan.

Question # 4

Short term loans can be obtained in.

Question # 5

In equilibrium of nationalincome.

Question # 6

If we put this letter in the blank space we get quantity theory of money PY =M

Question # 7

The most important source of income of a goernemnt is.

Question # 8

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

Question # 9

This steps will increase investment in Pakistan.

Question # 10

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

Question # 11

If a person is more intrested to earn income he shud deposit his money in

Question # 12

Foreign Trade are

Question # 13

Cross cheque has tow lines drawn on

Question # 14

Transfer payments include.

Question # 15

Every country establishes central bank to

Question # 16

Central Bank rate lending to commercial banks is called.

Question # 17

Cheque is

Question # 18

People do not care for environmetn problems because of.

Question # 19

Central banks rate of lending to commercial banks is called.

Question # 20

Net Exports are


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 Life expectency in Pakistan is
A. 57
B. 67
C. 77
D. 87
2 The four factor payments are.
A. Money, Capital, salaries, and income
B. Wages, rent internest and profts
C. Money, power, Prices, and wwalth
D. Wags, intrest, salareis,andtaxes.
3 If we include it. national income will be over estimated
A. Transfer payment
B. Income from abroad
C. Illegal income
D. Exports
4 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
5 Acting as lender of last resort a cenral bank lend to.
A. Money market
B. Stock exchange
C. Commercial Bank
D. Does not lend
6 Unemployment due to mechanizatin of agriculture is.
A. Seasonal
B. Structural
C. Industrial
D. Personal
7 This is a characeristics of good money
A. High intricnsic value
B. General acceptability
C. Atractive design
D. Easy of duplicate
8 A bank has Rs. 5 million in cash The minimum reserve ratio is 20% What is maximum potential increase in total deposite.
A. 25 m
B. 10 m
C. 5 m
D. 0 m
9 This is a difficulty of barter
A. Lack of double coincidence of wants
B. Diffculty to produce goods at larger scale
C. Lack of divisiblility of many goods
D. All of the above
10 When the nations money supply is Rs. 1200 million and GDP is Rs. 4800 billion. velocity of circulation money is.
A. 0.25
B. 4
C. 0.4
D. Billion Rupees
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ICS Part 2 Economics English Medium Full Book Online Test

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