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12th Class Principles of Economics Chapter 9 Test

12th class I.Com Part 2 Principles of Economics chapter 9 Online MCQs test with answers for Principles of Economics


I.Com Part 2 Principles of Economics
Chapter 9 Test

Start Chapter 9 Test

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

12th class I.Com Part 2 Principles of Economics chapter 9 Online MCQs test with answers for Principles of Economics

Sr. # Questions Answers Choice
1 Public spending on health is
  • A. Less then 1%
  • B. More than 1 but less than 2%
  • C. More than 2 but less then 3 %
  • D. More then 3
2 Which of the following must always balance
  • A. Balance of visible trade
  • B. Balance of invisible trade
  • C. Balance on the current balance
  • D. Balance of Payments
3 The contribution of industrial sector in our GDP is
  • A. 10%
  • B. 20%
  • C. 30%
  • D. 40%
4 Exchange rate for currencies is determined by supply and demand in system of
  • A. Fixed exchange rate
  • B. Flexible
  • C. Constant
  • D. Govt, regulated
5 Pakistan's exports are part of GDP
  • A. 5%
  • B. 15%
  • C. 25%
  • D. 35%
6 Balance of payments of a country has parts
  • A. 2
  • B. 3
  • C. 4
  • D. 5
7 Forest cover in Pakistan is
  • A. 2%
  • B. 4%
  • C. 6%
  • D. 8%
8 If CDA gets a loan from world bank for roads, it will be recorded in the balance of payments in section
  • A. Capital account
  • B. Visible balance
  • C. Invisible balance
  • D. Official financing
9 The balance of payments of country means
  • A. Balance in income and expd. of govt
  • B. Balance in demand and supply of money
  • C. Balance in export and import earnings
  • D. The annual account of foreign trade
10 Pakistan follows the policy of
  • A. Fixed exchange rate
  • B. Flexible exchange rate
  • C. Controlled exchange rate
  • D. Increasing exchange rate

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