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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
If we deduct direct taxes from personal income, we get:
Question # 2
Under consumption or over saving theory is presented by
Question # 3
In which phase of a trade cycle level of employment and income become very low
Question # 4
According to which economist some trade cycles complete their cycle during a period of fifty years or sixty years
Question # 5
Depreciation means:
Question # 6
National income is measured for:
Question # 7
According to Prof. Jugglar a trade cycle comletes in
Question # 8
Direct taxes are not included in:
Question # 9
In which phase of a trade cycle production, employment, wages and rate of interest etc start rising gradually
Question # 10
During the phase of recession prices of goods
Question # 11
Monetary theory of Trade cycle is presented by
Question # 12
"A trade cycle is fluctuation in employment, production and prices" This definition of Trade cycle is stated by
Question # 13
Methods for measurement of national income are:
Question # 14
According to which economist, duration of a trade cycle is 9 to 10 years
Question # 15
During depression
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 | During the phase of recovery prices, wages, interest rate and profits |
A. Start falling gradually
B. Start rising gradually
C. are highest
D. are lowest
|
| 2 | Methods for measurement of national income are: |
A. Two
B. Three
C. Four
D. Five
|
| 3 | Psychological theory of trade cycles is presented by |
A. Prof Jevons
B. Prof Pigou and Bagehot
C. Prof Keynes
D. Prof Hawtrey
|
| 4 | Depreciation means: |
A. Wear and Tear
B. Reduction in value
C. Decrease in value
D. All of these
|
| 5 | 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
|
| 6 | In Macro economies the vital role is played by: |
A. Marshall
B. J.R.Hicks
C. Robbins
D. Keynes
|
| 7 | If we deduct direct taxes from personal income, we get: |
A. NNP
B. GDP
C. DPI
D. PI
|
| 8 | Subsidies means: |
A. Relief price to consumers
B. Relief in price to Producers
C. Surplus budget
D. Both a and b
|
| 9 | Over investment theory is presented by |
A. Pigou
B. Hawtray
C. Hayek, Mises and Cassel
D. Prof Jugglar
|
| 10 | Income received without any economic services: |
A. National Income
B. Transfer payments
C. Interest
D. Profit
|
Test Questions
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