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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 It is avoided to make correct estimate of national income.
  • A. Free services
  • B. Double counting
  • C. Export earnings
  • D. All of the above
2 The largest type fo in come in the Pakistan is
  • A. Compensation of employees
  • B. Propretors income
  • C. Rental income
  • D. Corporate profits
3 We measure natonalincome by this method.
  • A. Expenditure method
  • B. Income method
  • C. Product method
  • D. As of the above
4 If indirect taxes are deducted from NNP and subsidies are added. we achieve
  • A. Personla savings
  • B. DPI
  • C. National Income
  • D. Percapita inocme
5 In calculating national income which one will NOT be included.
  • A. Exports
  • B. Old age pensions
  • C. Wages of lecturer
  • D. Undistributed profit by firms
6 Which statment is true
  • A. National Income = Naional expenditure - indirettaxes
  • B. N1 =GNP -NNP
  • C. N1 =P1
  • D. NI =NNP-Indirect taxes
7 The largest type of income in the Pakistan is
  • A. Compensation of employees
  • B. Rental income
  • C. Proprietors income
  • D. Coporate profits
8 Per capita Incom is.
  • A. Income per worker
  • B. Incomeper hea
  • C. Income per household
  • D. Income per industrial unit
9 In economics one of more persons living in a joint family are called a
  • A. Community
  • B. Social gathering
  • C. Super family
  • D. Household
10 It is considered as investment
  • A. Construction of a house
  • B. Purchase of an old house
  • C. Salaries of college professors
  • D. a and b above

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
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Icom Part 2 Principles of Economics Chapter 4 English Medium Online Test 10 Questions
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Icom Part 2 Principles of Economics Chapter 7 English Medium Online Test 10 Questions
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Icom Part 2 Principles of Economics Chapter 8 English Medium Online Test 10 Questions
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Icom Part 2 Principles of Economics Chapter 9 English Medium Online Test 10 Questions
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Icom Part 2 Principles of Economics Chapter 10 English Medium Online Test 10 Questions
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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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