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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 Exports of goods is called trade in
  • A. Visible good
  • B. Invisibel goods
  • C. Basic goods
  • D. None real goods
2 It helps countries to meet deficit in balcne of payments.
  • A. IMF
  • B. WTO
  • C. World Bank
  • D. UNO
3 Invisible items in balce of payments include.
  • A. Foreign remittances
  • B. Income from tourism
  • C. Internet charges
  • D. All the three
4 Final balance of the payment of a country is
  • A. Always balance
  • B. Always dificit
  • C. Always surplus
  • D. Flucluates
5 Pakistan exports as percentage GDP are.
  • A. 4%
  • B. 8%
  • C. 12%
  • D. 16%
6 If TOYOTA Company estalishes a factory in Pakistan this will be recorded in balance of payments in the section.
  • A. Capital account
  • B. Visible balnce
  • C. Invisible balnce
  • D. Official financing
7 In GNP of pakistan rises. It will encourage
  • A. Exports
  • B. Imports
  • C. Both
  • D. None
8 Visible goods are recorded int his part of balance of payments account
  • A. Current account
  • B. Capital account
  • C. Govt account
  • D. Official Account
9 IMF Means
  • A. International Monetary Funds
  • B. Inernational Money Flow
  • C. International Money Forum
  • D. Internaional Monetary finance
10 If CDA gets a loan from world bank for roads it willbe recorded in the balnce of payments in section.
  • A. Capital account
  • B. Visible balance
  • C. Invisible balance
  • D. Offiicial financing

Top Scorers of Icom Part 2 Principles of Economics Chapter 8 English Medium Online Test

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Lahore22 - Jul - 2024

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6/10
01 Mins 42 Sec
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Lahore22 - Jul - 2024

6/10
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