Home
News
Colleges
Courses
Admission
Lectures
Online Test
Past Papers
Date Sheets
Results
Study Abroad
Jobs
Tutors
More
Apps
.jpg)
This online test contains MCQs about following topics:
. Various concepts of national income . Measurement of national income . Product method . Income method . Expenditue method . CIrcular flow of national income . Factors of national income . Importance of study of national income
ICOM Part 1 Economics Ch 9 Test
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
MCQ's Test For Chapter 9 "Principles of Economics Icom Part 1 English Medium Chapter 9 Online Test"
Try The MCQ's Test For Chapter 9 "Principles of Economics Icom Part 1 English Medium Chapter 9 Online Test"
-
Total Questions15
-
Time Allowed20
Principles of Economics Icom Part 1 English Medium Chapter 9 Online Test
00:00
Question # 1
In the long run monopolist earns profit:
Question # 2
Transfer payments are included in the income
Question # 3
Individual income means
Question # 4
Concept of equilibrium level of national income in comprehensive way was presented by
Question # 5
National income means the income
Question # 6
Main elements of circular flow of national income are
Question # 7
Net national product is found by
Question # 8
One of the following is not included in net national product
Question # 9
Under monopoly the price is always equal to:
Question # 10
After subtracting depreciation allowance from gross national product is known
Question # 11
A firm gains abnormal profit, when:
Question # 12
After deducting direct tax from personal income, it is called
Question # 13
The income which a person can use according to his will is called
Question # 14
Individuals of a country produce a certain quantity of goods and services using the resources of the country with the help of their capital, it is called national income this definition is presented by
Question # 15
If we subtract direct taxes from personal income, we get
11th Principle of Economics Chapter 9 Test
Here you can prepare 11th Principle of Economics English Medium Chapter 9 National Income Test. Click the button for 100% free full practice test.
Top Scorers Of Chapter 9 "Principles of Economics Icom Part 1 English Medium Chapter 9 Online Test" MCQ`s Test
-
S Subtain Ahmed Raza 21 - Jul - 2023 02 Min 00 Sec 14/15 -
A Aliya hassan 05 - Dec - 2020 02 Min 15 Sec 14/15 -
M Muhammad Hammad Shekhani 01 - Jul - 2021 05 Min 59 Sec 13/15 -
J John Paul 20 - Feb - 2021 08 Min 06 Sec 13/15 -
H hamza abid 16 - Aug - 2021 10 Min 50 Sec 13/15 -
E ekta 07 - Aug - 2021 02 Min 46 Sec 12/15 -
K KAZIM ALI 23 - Feb - 2019 04 Min 55 Sec 12/15 -
A Asif Iqbal 20 - Apr - 2023 05 Min 20 Sec 12/15 -
S salmanyaseen 03 - May - 2018 02 Min 34 Sec 11/15 -
M Muhammad kashif shakoor 12 - Jun - 2024 02 Min 50 Sec 11/15 -
A Ali hamza 25 - Dec - 2018 02 Min 58 Sec 11/15 -
N Naveera 01 - Jun - 2021 02 Min 59 Sec 11/15 -
H Hamza 23 - Aug - 2021 04 Min 22 Sec 11/15 -
A amir rasheed 10 - Apr - 2018 05 Min 12 Sec 11/15 -
M Minahil Asif 04 - Jun - 2024 01 Min 45 Sec 10/15
ICom Part 1 Principles of Economics ( English Medium) Chapter 9 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | After subtracting depreciation allowance from gross national product is known |
A. National income
B. Net national product
C. Personal income
D. Gross domestic product
|
| 2 | Transfer payment means that income |
A. Which can move from one place to order place i.g. money etc.
B. Which is received without labour, e.g. Zakat, gift , pension etc
C. Which is received after hardwork
D. Which is received by exports
|
| 3 | Expenses of wears and tears of machinery are called |
A. Productive expenses
B. Non productive expenses
C. Wages
D. Depreciation expenses
|
| 4 | Under Monopoly, a firm is in equilibrium position when Ed is: |
A. Equal to unity
B. Less than unity
C. Grater than unity
D. Both b and c
|
| 5 | If MC=MR=AR=AC=P, then a firms gains: |
A. Super profit
B. Normal profit
C. Normal loss
D. Abnormal loss
|
| 6 | Under monopoly the price is always equal to: |
A. AR
B. MR
C. MC
D. AVC
|
| 7 | Under monopoly, the slope of MR curve is: |
A. Twice the slope of AR curve
B. Less than the slope of AR curve
C. Greater than the slope of AR curve
D. Half the slope of AR curve
|
| 8 | Basic object of a firm is to get maximum: |
A. Price
B. Profit
C. Production
D. All of three
|
| 9 | A firm gains normat profit, where: |
A. P=AC
B. P>AC
C. P<AC
D. AC>AR
|
| 10 | What remains after the deduction of direct tax from the personal income |
A. NNP
B. NNI
C. DPI
D. GNP
|
Test Questions
Share your comments & questions here
No comments yet. Be the first to comment!