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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
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
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"
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Total Questions15
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Time Allowed20
Principles of Economics Icom Part 1 English Medium Chapter 11 Online Test
00:00
Question # 1
Theory of sun-spot was presented by
Question # 2
Depreciation means:
Question # 3
During boom
Question # 4
National income at factor cost is equal to:
Question # 5
One of the following is not include in national income:
Question # 6
Direct taxes are not included in:
Question # 7
According to Prof. Kitchen a trade cycle completes in
Question # 8
In which phase of a trade cycle level of employment and income become very low
Question # 9
Modern theory of trade cycles is presented by
Question # 10
The period in which an economy comes back from prosperity to depression is called
Question # 11
Income received without any economic services:
Question # 12
Innovation theory is presented by
Question # 13
National income is measured for:
Question # 14
During depression, increases
Question # 15
Methods for measurement of national income are:
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
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S Subtain Ahmed Raza 22 - Jul - 2023 02 Min 12 Sec 14/15 -
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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 | Psychological theory of trade cycles is presented by |
A. Prof Jevons
B. Prof Pigou and Bagehot
C. Prof Keynes
D. Prof Hawtrey
|
| 2 | According to Prof. Jugglar a trade cycle comletes in |
A. Five to six years
B. Nine to ten years
C. Ten to eleven years
D. Eleven to twelve years
|
| 3 | The period in which an economy comes back from prosperity to depression is called |
A. Recovery
B. Recession
C. Boom
D. Depression
|
| 4 | 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
|
| 5 | National Income is also known as: |
A. National product
B. Total expenditure
C. Total population
D. Both a and b
|
| 6 | Innovation theory is presented by |
A. Prof Kegnes
B. Prof Schumpeter
C. Prof Hicks
D. Prof Foster
|
| 7 | Over investment theory is presented by |
A. Pigou
B. Hawtray
C. Hayek, Mises and Cassel
D. Prof Jugglar
|
| 8 | National income at factor cost is equal to: |
A. G.N.P - Subsidies + taxes
B. N.N.P - Direct tax + Subsidies
C. G.D.P - Subsidies + taxes
D. N.N.P - Indirect tax + Subsidies
|
| 9 | During depression, increases |
A. Unemployment
B. Employment
C. Profit
D. Production
|
| 10 | Which phase starts with the increase in expected rate of profit |
A. Depression
B. Recovery
C. Boom
D. Recession
|
Test Questions
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