More Classes
5th Class
6th Class
7th Class
8th Class
9th Class
10th Class
11th Class
12th Class
NAT I
NAT II
CSS
IQ
General Knowledge
MDCAT
ECAT
GAT General
GAT Subject
Other Links
Go to Home
Online Tests
Icom Part 2 Principles of Economics Chapter 1 English Medium Online Test MCQs With Answers
Question # 1
It is not included in estimation of national incoe
Choose an answer
Illegal income
Services of house wife
Imports
All are not included
Previous
Skip
Next
Question # 2
Govt. transfer payment include
Choose an answer
Social security benefits
Welfare benefits
Student scholarships
All of the above
Previous
Skip
Next
Question # 3
Real national income increases when
Choose an answer
Prics of goods are rising
National savings increases
Quantity of goods and services increases
None of the above
Previous
Skip
Next
Question # 4
Threre are methods of measurieng natinal income
Choose an answer
5
4
2
3
Previous
Skip
Next
Question # 5
The have a functional relation
Choose an answer
Consumption and national income
Consumption and saving
Consumption and investment
All of the above
Previous
Skip
Next
Question # 6
Whis is the largest figure
Choose an answer
NNP
GNP
DPI
PI
Previous
Skip
Next
Question # 7
The largest type of income in the Pakistan is
Choose an answer
Compensation of employees
Rental income
Proprietors income
Coporate profits
Previous
Skip
Next
Question # 8
Country is poor if it has.
Choose an answer
Less production of gods per capita
Less amount of gold
Less amout of foreign currency
Less exports
Previous
Skip
Next
Question # 9
Which of the followign is not included in personali income
Choose an answer
Social security benefits
Dividend payments
Undistributed corporate profits
Interest received from of saving certificates
Previous
Skip
Next
Question # 10
National income is a measure of
Choose an answer
The zise of government revenue
Payments made to facor of production
Production f goods per day
Total working hours
Previous
Skip
Next
Question # 11
Net investment is
Choose an answer
Gross investment minus household investment
Gross investment minus govt. investment
Gross investment minus capital consumption allowance
None of the above
Previous
Skip
Next
Question # 12
Which measure has the larger value .
Choose an answer
NNP
GNP
GDP
NI
Previous
Skip
Next
Question # 13
The largest part of national income goes to
Choose an answer
Consumption
Investment
Saving
Transfer payment
Previous
Skip
Next
Question # 14
Market value of all final goods and services produced in a country during a year is definition
Choose an answer
GNP
NNP
NI
Consumption
Previous
Skip
Next
Question # 15
If C= 200 and I= 40 Than Y will equal
Choose an answer
160
240
200
8000
Previous
Skip
Next
Question # 16
The largest type fo in come in the Pakistan is
Choose an answer
Compensation of employees
Propretors income
Rental income
Corporate profits
Previous
Skip
Next
Question # 17
Circular flow of income links
Choose an answer
Income expenditure
Govt taxes govt expenditure
Exports ,imports
Saving and investment
Previous
Skip
Next
Question # 18
The goods which arw used directly by the people are called.
Choose an answer
Consumer goods
Capital good
Direct good
None
Previous
Skip
Next
Back