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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
The income which a person can use according to his will called:
Question # 2
The innovation theory of trade cycles was presented by
Question # 3
Transfer payment means:
Question # 4
During depression, increases
Question # 5
According to Prof. Kitchen a trade cycle completes in
Question # 6
Net foreign income means:
Question # 7
In Macro economies the vital role is played by:
Question # 8
One of the following is not include in national income:
Question # 9
During boom
Question # 10
If we deduct depreciation from GNP, we get:
Question # 11
Direct taxes are not included in:
Question # 12
The period in which an economy comes back from prosperity to depression is called
Question # 13
National Income is also known as:
Question # 14
National income is measured for:
Question # 15
National income at factor cost is equal to:
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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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 | Depreciation means: |
A. Wear and Tear
B. Reduction in value
C. Decrease in value
D. All of these
|
| 2 | Under consumption or over saving theory is presented by |
A. Prof Hobson, Foster and Catchings
B. Prof Hawtrey
C. Prof Keynes
D. Prof Jevons
|
| 3 | Net foreign income means: |
A. Import - Exports
B. Exports - Imports
C. Import + Exports
D. Income from imports
|
| 4 | 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
|
| 5 | According to which economist, duration of a trade cycle is 9 to 10 years |
A. Prof Kitchen
B. Prof Jugglar
C. Prof Pigou
D. Prof Kondratieff
|
| 6 | 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
|
| 7 | During recession demand for factors of production is |
A. More
B. Limited
C. Very low
D. Too much
|
| 8 | National income is measured for: |
A. One year
B. Two years
C. Three years
D. Four years
|
| 9 | The innovation theory of trade cycles was presented by |
A. Hayek
B. Hawtray
C. Schumpeter
D. Pigou
|
| 10 | "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
|
Test Questions