First Year Principles of Economics Chapter 11 Online MCQ Test for 1st Year Principles of Economics Chapter 11 (Business Cycle)

This online test contains MCQs about following topics:

. Phase of trade cycle . Main characteristics of trade cycles . Theories of trade cycles . Psychological theory . Under consumption or over saving theory . Monetary theory . Keynes theory . Modern theory of trade cycle . Remedial measuers

ICOM Part 1 Economics Ch 11 Test
ic

MCQ's Test For Chapter 11 "Principles of Economics Icom Part 1 English Medium Chapter 11 Online Test"

Try The MCQ's Test For Chapter 11 "Principles of Economics Icom Part 1 English Medium Chapter 11 Online Test"

  • Total Questions15

  • Time Allowed20

Principles of Economics Icom Part 1 English Medium Chapter 11 Online Test

00:00
Question # 1

National Income is also known as:

Question # 2

National income at factor cost is equal to:

Question # 3

If we deduct depreciation from GNP, we get:

Question # 4

During depression

Question # 5

Innovation theory is presented by

Question # 6

Depreciation means:

Question # 7

Methods for measurement of national income are:

Question # 8

The income which a person can use according to his will called:

Question # 9

Modern theory of trade cycles is presented by

Question # 10

Income received without any economic services:

Question # 11

According to Prof. Kitchen a trade cycle completes in

Question # 12

The innovation theory of trade cycles was presented by

Question # 13

During recession demand for factors of production is

Question # 14

Economy gets prosperity during

Question # 15

Over investment theory is presented by

Prepare Complete Set Wise Chapter 11 "Principles of Economics Icom Part 1 English Medium Chapter 11 Online Test" MCQs Online With Answers


Topic Test

00:00

11th Principle of Economics Chapter 11 Test

Here you can prepare 11th Principle of Economics English Medium Chapter 11 Business Cycle Test. Click the button for 100% free full practice test.

Top Scorers Of Chapter 11 "Principles of Economics Icom Part 1 English Medium Chapter 11 Online Test" MCQ`s Test

  • M
    Minahil Asif 03 - Jun - 2024 01 Min 00 Sec 14/15
  • S
    Subtain Ahmed Raza 22 - Jul - 2023 02 Min 12 Sec 14/15
  • A
    Aiman 12 - May - 2018 03 Min 11 Sec 14/15
  • S
    Saba 27 - Jun - 2021 09 Min 27 Sec 14/15
  • R
    rafay anees 11 - Mar - 2022 03 Min 06 Sec 13/15
  • A
    ayesha ayaz 22 - Jul - 2022 01 Min 32 Sec 12/15
  • A
    Arzoo Qaiser 30 - Jan - 2026 02 Min 06 Sec 12/15
  • A
    Aliya hassan 05 - Dec - 2020 02 Min 34 Sec 12/15
  • N
    Naveera 02 - Jul - 2021 02 Min 44 Sec 12/15
  • H
    Hamza 01 - Jul - 2021 03 Min 45 Sec 12/15
  • M
    Muhammad kashif shakoor 14 - Jun - 2024 02 Min 38 Sec 10/15
  • T
    Tehmina Erum 26 - Jul - 2021 06 Min 19 Sec 10/15
  • F
    Faizan Bakhsh 23 - Nov - 2023 01 Min 12 Sec 9/15
  • A
    Ali hamza 25 - Dec - 2018 01 Min 44 Sec 9/15
  • J
    Jaweria Faraz 11 - Jul - 2024 02 Min 51 Sec 9/15

ICom Part 1 Principles of Economics ( English Medium) Chapter 11 Important MCQ's

Sr.# Question Answer
1 During depression, increases
A. Unemployment
B. Employment
C. Profit
D. Production
2 Depreciation means:
A. Wear and Tear
B. Reduction in value
C. Decrease in value
D. All of these
3 Market value of all final goods and services is known as:
A. N.I
B. G.N.P
C. N.N.P
D. Both a and b
4 If we deduct direct taxes from personal income, we get:
A. NNP
B. GDP
C. DPI
D. PI
5 Psychological theory of trade cycles is presented by
A. Prof Jevons
B. Prof Pigou and Bagehot
C. Prof Keynes
D. Prof Hawtrey
6 "A trade cycle is completed in three years four months" This is stated by
A. Prof Kitchen
B. Prof Jugglar
C. Prof Jevons
D. Prof Pigou
7 Modern theory of trade cycles is presented by
A. Prof Schumpeter
B. Prof Keynes
C. Prof Hawtrey
D. Prof Hicks and Samuelson
8 Innovation theory is presented by
A. Prof Kegnes
B. Prof Schumpeter
C. Prof Hicks
D. Prof Foster
9 The income which a person can use according to his will called:
A. Net income
B. Per capital income
C. Personal income
D. Disposable personal income
10 Theory of sun-spot was presented by
A. Prof Jevons and Henry L, Moor
B. Prof Pigou and begehot
C. Prof Hobson
D. Prof Cassel

Test Questions

Share your comments & questions here

Guest
  • No comments yet. Be the first to comment!