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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
In Macro economies the vital role is played by:
Question # 2
The income which a person can use according to his will called:
Question # 3
"A trade cycle is completed in three years four months" This is stated by
Question # 4
Psychological theory of trade cycles is presented by
Question # 5
During boom
Question # 6
Net foreign income means:
Question # 7
If we deduct depreciation from GNP, we get:
Question # 8
"A trade cycle is fluctuation in employment, production and prices" This definition of Trade cycle is stated by
Question # 9
If we deduct foreign income from GNP, we get:
Question # 10
During the phase of recovery prices, wages, interest rate and profits
Question # 11
Innovation theory is presented by
Question # 12
National income at factor cost is equal to:
Question # 13
According to which economist, duration of a trade cycle is 9 to 10 years
Question # 14
Income received without any economic services:
Question # 15
Under consumption or over saving theory is presented by
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 -
A Aiman 12 - May - 2018 03 Min 11 Sec 14/15 -
S Saba 27 - Jun - 2021 09 Min 27 Sec 14/15 -
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A ayesha ayaz 22 - Jul - 2022 01 Min 32 Sec 12/15 -
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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 | Subsidies means: |
A. Relief price to consumers
B. Relief in price to Producers
C. Surplus budget
D. Both a and b
|
| 2 | In which phase of a trade cycle national product, wages, prices and profits reach at their peak |
A. Recovery
B. Boom
C. Recession
D. Depression
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| 3 | 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
|
| 4 | The period in which an economy comes back from prosperity to depression is called |
A. Recovery
B. Recession
C. Boom
D. Depression
|
| 5 | Under consumption or over saving theory is presented by |
A. Prof Hobson, Foster and Catchings
B. Prof Hawtrey
C. Prof Keynes
D. Prof Jevons
|
| 6 | Methods for measurement of national income are: |
A. Two
B. Three
C. Four
D. Five
|
| 7 | One of the following is not include in national income: |
A. Transfer payments
B. Depreciation
C. Wages
D. Both a and b
|
| 8 | According to which economist some trade cycles complete their cycle during a period of fifty years or sixty years |
A. Prof Kitchen
B. Prof Jugglar
C. Prof Pigou
D. Prof Kondratieff
|
| 9 | Modern theory of trade cycles is presented by |
A. Prof Schumpeter
B. Prof Keynes
C. Prof Hawtrey
D. Prof Hicks and Samuelson
|
| 10 | In Macro economies the vital role is played by: |
A. Marshall
B. J.R.Hicks
C. Robbins
D. Keynes
|
Test Questions
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