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ICS Part 2 Economics English Medium Chapter 1 Test
Start Chapter 1 TestICS Part 2 Economics English Medium Chapter Wise MCQ's Test
MCQ's Test For Chapter 0 "ICS Part 2 Economics English Medium Chapter 1 Online Test"
Try The MCQ's Test For Chapter 0 "ICS Part 2 Economics English Medium Chapter 1 Online Test"
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Total Questions17
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Time Allowed20
ICS Part 2 Economics English Medium Chapter 1 Online Test
00:00
Question # 1
Gross nationa product includes
Question # 2
GNP includes
Question # 3
Transfer payments are not included in national income becaues.
Question # 4
The goods which arw used directly by the people are called.
Question # 5
National Income = Ntional Expenditure is an
Question # 6
In erms of national income accounts, multiple counting efers to.
Question # 7
If C= 200 and I= 40 Than Y will equal
Question # 8
Which statment is true
Question # 9
Macroeconomics is concerned with.
Question # 10
If indirect taxes are deducted from NNP and subsidies are added. we achieve
Question # 11
Total value of allfinal goods andservices produced annually by a country.
Question # 12
In calculating national income which one will NOT be included.
Question # 13
The largest type fo in come in the Pakistan is
Question # 14
Which measure has the larger value .
Question # 15
It is duducted from GNP to find NNP
Question # 16
GNP is always.
Question # 17
Transfer payments means.
ICS Part 2 Economics English Medium Chapter 1 Test
Top Scorers Of Chapter 0 "ICS Part 2 Economics English Medium Chapter 1 Online Test" MCQ`s Test
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Z Zureen Abid 24 - Sep - 2024 01 Min 43 Sec 17/17 -
M M.Attiq-U-Rehman 26 - Nov - 2023 02 Min 23 Sec 16/17 -
M Muhammad Kashif 25 - Apr - 2024 05 Min 12 Sec 14/17 -
H Hasnain Mushtaq 22 - May - 2023 00 Min 03 Sec 12/17 -
L Lishay_1921 03 - Nov - 2023 06 Min 19 Sec 12/17 -
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H Hussain Ahmad 23 - May - 2023 03 Min 35 Sec 11/17 -
Z Zahra Haq 02 - Jan - 2024 04 Min 24 Sec 11/17 -
M Mian Ubaid Ur Rehman 30 - Apr - 2024 04 Min 35 Sec 11/17 -
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H Hania Mughal 13 - Jun - 2023 03 Min 09 Sec 10/17 -
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M Maha Butt 15 - Jul - 2023 03 Min 50 Sec 10/17 -
A Ayesha Gull 28 - Dec - 2023 04 Min 15 Sec 10/17 -
M mahsheed kashif 09 - Apr - 2024 04 Min 48 Sec 10/17
ICS Part II Economics Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | PI is equivalent to |
A. DPI Minus personal taxes
B. DIP Plus unerned receipts
C. DPI Minus income earned but not received
D. NI plus unearned receipts minus personal taxes
|
| 2 | If we include it. national income will be over estimated |
A. Transfer payment
B. Income from abroad
C. Illegal income
D. Exports
|
| 3 | Gross nationa product includes |
A. A loan from one's parents
B. A loan from a domestic bank
C. A loan from other countries
D. None of theabove
|
| 4 | If indirect taxes are deducted from NNP and subsidies are added. we achieve |
A. Personla savings
B. DPI
C. National Income
D. Percapita inocme
|
| 5 | Which statment is true |
A. National Income = Naional expenditure - indirettaxes
B. N1 =GNP -NNP
C. N1 =P1
D. NI =NNP-Indirect taxes
|
| 6 | It is duducted from GNP to find NNP |
A. Saving
B. Direct taxes
C. Depreciatin allowance
D. Subsidies
|
| 7 | If saving exceed investment then |
A. National income rises
B. National income falls
C. National income is not affected
D. None of the above
|
| 8 | Corporae tax is levied on |
A. Landdlords
B. Inporters
C. Big companies
D. Municipal corporations
|
| 9 | The largest part of national income goes to |
A. Consumption
B. Investment
C. Saving
D. Transfer payment
|
| 10 | Total value of allfinal goods andservices produced annually by a country. |
A. NNP
B. GNP
C. GDP
D. NI
|
Test Questions