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12th Class Principles of Economics Chapter 2 Test

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


I.Com Part 2 Principles of Economics
Chapter 2 Test

Start Chapter 2 Test

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

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

Sr. # Questions Answers Choice
1 This wil cause anincrease in national income
  • A. Rise in exports
  • B. Fall in consumer spending
  • C. Rise in imports
  • D. Increase in saving
2 Aggregate demand means.
  • A. Aggregate saving
  • B. Aggregate Income
  • C. Aggregate investment
  • D. Aggregate expenditure
3 GDP atconstnat prices, calculated according to some base year is called.
  • A. acutal GDP
  • B. Real GDP
  • C. Net GDP
  • D. Nominal GDP
4 Which of the following is a withdrawal from the circular flow of income stream.
  • A. Taxation
  • B. Consumption
  • C. Subsides
  • D. Investment
5 Equilibrium of national income will be when
  • A. S >I
  • B. S < I
  • C. S = I
  • D. S - 1
6 Which one is investment in economics
  • A. Building a factory
  • B. Buyig shares in stock exchange
  • C. Depositing money in bank
  • D. Deposting money wiht housing society
7 National income equals.
  • A. c+ I+g
  • B. c-i-g
  • C. c-s-g
  • D. c+s+g
8 If C = 200 and I = 40 then Y will equal
  • A. 160
  • B. 240
  • C. 8000
  • D. None of the above
9 Which shows equilibrium of national income
  • A. Consumption = investment
  • B. Saving = investment
  • C. Saving > investment
  • D. Saving < investment
10 Consumption is a function of.
  • A. Saving
  • B. Investment
  • C. Income
  • D. Expenditure

Chapterwise Lists

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