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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
"A trade cycle is completed in three years four months" This is stated by
Question # 2
Depreciation means:
Question # 3
The period in which an economy comes back from prosperity to depression is called
Question # 4
If we deduct depreciation from GNP, we get:
Question # 5
Transfer payment means:
Question # 6
During the phase of boom level of income and employment is
Question # 7
Innovation theory is presented by
Question # 8
National income at factor cost is equal to:
Question # 9
Monetary theory of Trade cycle is presented by
Question # 10
According to Prof. Jugglar a trade cycle comletes in
Question # 11
According to Prof. Kitchen a trade cycle completes in
Question # 12
In which phase of a trade cycle national product, wages, prices and profits reach at their peak
Question # 13
If we deduct foreign income from GNP, we get:
Question # 14
During the phase of recovery prices, wages, interest rate and profits
Question # 15
Which phase starts with the increase in expected rate of profit
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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M Minahil Asif 03 - Jun - 2024 01 Min 00 Sec 14/15 -
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 -
R rafay anees 11 - Mar - 2022 03 Min 06 Sec 13/15 -
A ayesha ayaz 22 - Jul - 2022 01 Min 32 Sec 12/15 -
A Aliya hassan 05 - Dec - 2020 02 Min 34 Sec 12/15 -
N Naveera 02 - Jul - 2021 02 Min 44 Sec 12/15 -
H Hamza 01 - Jul - 2021 03 Min 45 Sec 12/15 -
M Muhammad kashif shakoor 14 - Jun - 2024 02 Min 38 Sec 10/15 -
T Tehmina Erum 26 - Jul - 2021 06 Min 19 Sec 10/15 -
F Faizan Bakhsh 23 - Nov - 2023 01 Min 12 Sec 9/15 -
A Ali hamza 25 - Dec - 2018 01 Min 44 Sec 9/15 -
J Jaweria Faraz 11 - Jul - 2024 02 Min 51 Sec 9/15 -
A Alishba Mumtaz 05 - May - 2024 03 Min 03 Sec 9/15
ICom Part 1 Principles of Economics ( English Medium) Chapter 11 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | During depression, increases |
A. Unemployment
B. Employment
C. Profit
D. Production
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| 2 | During the phase of boom level of income and employment is |
A. Increasing
B. Decreasing
C. Highest
D. Lowest
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| 3 | During depression |
A. Employment increases
B. Prices decrease
C. Profit increases
D. Prices increase
|
| 4 | During recession demand for factors of production is |
A. More
B. Limited
C. Very low
D. Too much
|
| 5 | Phases of a trade cycle are |
A. Two
B. Three
C. Four
D. Five
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| 6 | Net foreign income means: |
A. Import - Exports
B. Exports - Imports
C. Import + Exports
D. Income from imports
|
| 7 | Income received without any economic services: |
A. National Income
B. Transfer payments
C. Interest
D. Profit
|
| 8 | 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
|
| 9 | Psychological theory of trade cycles is presented by |
A. Prof Jevons
B. Prof Pigou and Bagehot
C. Prof Keynes
D. Prof Hawtrey
|
| 10 | Methods for measurement of national income are: |
A. Two
B. Three
C. Four
D. Five
|
Test Questions
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