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

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Question # 1

Which of the following is an example of primary production

Question # 2

Nationalisation of banks was done in

Question # 3

Bank Prepare their balace sheet.

Question # 4

Govt. transfer payment include

Question # 5

State bank was established in .

Question # 6

Exports of goods is called trade in

Question # 7

This wil cause anincrease in national income

Question # 8

Whis is the most widely used tool of monetary policy

Question # 9

Central banks rate of lending to commericalbanks is called.

Question # 10

Consumption spending does NOT include.

Question # 11

Foregn trade creates among countries.

Question # 12

Every country establishes central bank to

Question # 13

A Triff

Question # 14

According to keynes demand for money is affected by

Question # 15

The highest govt body for economic planig is Pakistan is.

Question # 16

Average growth rate of Pakistan's national income in past five years have been

Question # 17

Medium term plan covers

Question # 18

By 2018 Pakistan's total population reached approximately

Question # 19

It would increase the lvel of national income.

Question # 20

Credit money is created by


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 Taxes on commodities are
A. Direct taxes
B. Indirect Taxes
C. Progressive taxes
D. Propotional taxes
3 There are obstacles to rapid economic development of Pakistan
A. Social
B. Political
C. Cultural
D. All of the above
4 Which of the following would NOT be included in GNP
A. Govt. Transfer payments
B. Got. Purchase of an air plane
C. Payment for construction of highway
D. Salary paid for the presidents secretary
5 It is not included in estimation of national incoe
A. Illegal income
B. Services of house wife
C. Imports
D. All are not included
6 The most important source of income of a goernemnt is.
A. Foreign loans
B. Taxes
C. Printing of new money
D. Sale of governemnt property
7 Foregn trade creates among countries.
A. Conficits
B. Cooperation
C. Hatred
D. None
8 In circular flow model
A. Govt. owns productive resources
B. Firms own productive resources
C. Households own productive resorces
D. Rent of land is not included
9 If money supply in a country decreses
A. Price will rise
B. Price will fall
C. Rate of intrese falls
D. B and C of above
10 Acting as lender of last resort a cenral bank lend to.
A. Money market
B. Stock exchange
C. Commercial Bank
D. Does not lend
ic

ICS Part 2 Economics English Medium Full Book Online Test

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