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12th Class Principles of Economics Chapter 1 Test

12th class I.Com Part 2 Principles of Economics chapter 1 Online MCQs test with answers for Principles of Economics


I.Com Part 2 Principles of Economics
Chapter 1 Test

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I.Com Part 2 Principles of Economics Chapter Wise Test
(English Medium)

12th class I.Com Part 2 Principles of Economics chapter 1 Online MCQs test with answers for Principles of Economics

Sr. # Questions Answers Choice
1 Which is a flow concept
  • A. number of my shirts
  • B. my monthly income
  • C. my total wealth
  • D. money supply
2 Which of the following is transfer payment
  • A. Payment of college tuition
  • B. A social security payment
  • C. An interest payment
  • D. Payment for a leased car
3 The four factor payments are
  • A. Money, capital, salaries and income
  • B. Wages, rent, interest and profits
  • C. Money, power, prestige and wealth
  • D. Wages, interest, salaries and income
4 Speculative demand of money depends upon
  • A. Income
  • B. investment
  • C. Rate of investment
  • D. Central bank
5 If is transfer payment
  • A. Payment of college tution
  • B. a social security payment
  • C. Interest paid for a bank loan
  • D. Payment for a leased car
6 Transfer payments means
  • A. Bank loans
  • B. The payment without work
  • C. Payment made to all factors of production
  • D. Tax payment
7 Market value of all final goods and services produced in a country during a year is definition of
  • A. NI
  • B. NNP
  • C. GNP
  • D. Consumption
8 Undistributed profits are considered
  • A. Income earned but not received
  • B. Income received but not earned
  • C. Income earned and received
  • D. None of these
9 It is considered as transfer payments
  • A. Salaries of an employee
  • B. Bonus of bank employees
  • C. Wages of laborers
  • D. Unemployment allowance paid by govt.
10 Total value of all final goods and services produced annually by a country
  • A. NNP
  • B. GNP
  • C. GDP
  • D. NI

Chapterwise Lists

Chapter Name Questions PDF File
Economics Ics Part 2 English Medium Chapter 1 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 1 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 2 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 2 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 3 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 3 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 4 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 4 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 5 Online Test 17 Questions
Economics Ics Part 2 English Medium Chapter 5 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 5 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 6 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 6 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 7 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 7 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 8 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 8 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 9 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 9 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 10 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 10 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 11 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 11 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 12 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 12 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 13 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 13 English Medium Online Test 10 Questions

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