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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
According to which economist, duration of a trade cycle is 9 to 10 years
Question # 2
In which phase of a trade cycle level of employment and income become very low
Question # 3
Monetary theory of Trade cycle is presented by
Question # 4
Under consumption or over saving theory is presented by
Question # 5
During the phase of recession prices of goods
Question # 6
Net foreign income means:
Question # 7
In which phase of a trade cycle production, employment, wages and rate of interest etc start rising gradually
Question # 8
Direct taxes are not included in:
Question # 9
During boom
Question # 10
The income which a person can use according to his will called:
Question # 11
Depreciation means:
Question # 12
Economy gets prosperity during
Question # 13
During the phase of boom level of income and employment is
Question # 14
The period in which an economy comes back from prosperity to depression is called
Question # 15
During depression, increases
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.
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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 | During the phase of boom level of income and employment is |
A. Increasing
B. Decreasing
C. Highest
D. Lowest
|
| 2 | 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
|
| 3 | If we deduct depreciation from GNP, we get: |
A. P.I
B. G.D.P
C. D.P.I
D. N.N.P
|
| 4 | 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
|
| 5 | Which phase starts with the increase in expected rate of profit |
A. Depression
B. Recovery
C. Boom
D. Recession
|
| 6 | 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
|
| 7 | National Income is also known as: |
A. National product
B. Total expenditure
C. Total population
D. Both a and b
|
| 8 | In which phase of a trade cycle level of employment and income become very low |
A. Depression
B. Recovery
C. Boom
D. Recession
|
| 9 | Net foreign income means: |
A. Import - Exports
B. Exports - Imports
C. Import + Exports
D. Income from imports
|
| 10 | 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
|
Test Questions
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