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12th Class Principles of Economics Chapter 8 Test

12th class I.Com Part 2 Principles of Economics chapter 8 Online MCQs test with answers for Principles of Economics


I.Com Part 2 Principles of Economics
Chapter 8 Test

Start Chapter 8 Test

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

12th class I.Com Part 2 Principles of Economics chapter 8 Online MCQs test with answers for Principles of Economics

Sr. # Questions Answers Choice
1 Visible exports include
  • A. Remittance
  • B. Computer Hardware
  • C. Computer software
  • D. Transport cost
2 Visible imports include.
  • A. Remittance
  • B. Machinery
  • C. Computer Software
  • D. Transport cost
3 Final balance of the payment of a country is
  • A. Always balance
  • B. Always dificit
  • C. Always surplus
  • D. Flucluates
4 A country does not trade with othr contries is called an economy
  • A. Open
  • B. Closed
  • C. Independent
  • D. None
5 IMF Means
  • A. International Monetary Funds
  • B. Inernational Money Flow
  • C. International Money Forum
  • D. Internaional Monetary finance
6 The receipt of payments for goods exported and imported are counted in .
  • A. Capital Account
  • B. Trade Account
  • C. Current account
  • D. Monetary account
7 Balance of payments of country includes.
  • A. Current account
  • B. Monetry Account
  • C. Capital Account
  • D. All of the above
8 In GNP of pakistan rises. It will encourage
  • A. Exports
  • B. Imports
  • C. Both
  • D. None
9 It helps countries to meet deficit in balcne of payments.
  • A. IMF
  • B. WTO
  • C. World Bank
  • D. UNO
10 Exports of goods is called trade in
  • A. Visible good
  • B. Invisibel goods
  • C. Basic goods
  • D. None real goods

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
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