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 is duducted from GNP to find NNP

Question # 2

Threre are methods of measurieng natinal income

Question # 3

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

Question # 4

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

Question # 5

Aggregate demand means.

Question # 6

Net investment is

Question # 7

Population Growth rate in Pakistan is

Question # 8

Every country establishes centralbank to

Question # 9

If CDA gets a loan from world bank for roads it willbe recorded in the balnce of payments in section.

Question # 10

All are advantages of oreign trade Except.

Question # 11

Ric countries have deficit in their balance of payments

Question # 12

It is avoided to make correct estimate of national income.

Question # 13

Pakistan exports as percentage GDP are.

Question # 14

Cross cheque has tow lines drawn on

Question # 15

Demand depostis are.

Question # 16

Labour includes

Question # 17

Barter means.

Question # 18

It is transfer payment

Question # 19

Govt.taxing and spending policies are called.

Question # 20

All labour 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 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
2 Which is the sourceof interest for a bank
A. Advances
B. Bills discounted
C. Investments
D. All
3 The largest type of income in the Pakistan is
A. Compensation of employees
B. Rental income
C. Proprietors income
D. Coporate profits
4 Demand deposit are
A. Money
B. Bank note
C. Legal Money
D. Considered to near money
5 Profit and losss sharing is basis of finance under this system.
A. Islamic
B. Capitalistic
C. Socialistic
D. None
6 Which is likely to be higher in a developing country like Pakistan.
A. Birth Rate
B. GDP per head
C. Life expeciancy
D. Net investment per head
7 Which type of cheque is more safe for transfer of money
A. Cross cheque
B. Order cheque
C. Traveller cheque
D. Bearer cheque
8 It is assumption of quantity theory of money
A. Velocity of circulation of money constant
B. Affects only industrial sector
C. Makes distribution of national income better
D. Has no effect on distribution of income
9 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
10 This is a characeristics of good money
A. High intricnsic value
B. General acceptability
C. Atractive design
D. Easy of duplicate
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ICS Part 2 Economics English Medium Full Book Online Test

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