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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
Total value of allfinal goods andservices produced annually by a country.
Question # 2
It is counted in GDP
Question # 3
We measure natonalincome by this method.
Question # 4
It is duducted from GNP to find NNP
Question # 5
The largest type of income in the Pakistan is
Question # 6
Transfer payments means
Question # 7
It is considered as investment
Question # 8
Market value of all final goods and services produced in a country during a year is definition
Question # 9
When National income is estimated by expenditue method we include.
Question # 10
The have a functional relation
Question # 11
Net Exports are
Question # 12
To determine the correct level of GNP ,it is necessary to.
Question # 13
Which is a flow concept.
Question # 14
Country is poor if it has.
Question # 15
Corporae tax is levied on
Question # 16
Transfer payments are not included in national income becaues.
Question # 17
Total value fo all final goods and services produced annually by a country.
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 Masooma Zainab 14 - Sep - 2026 03 Min 31 Sec 15/17 -
M Muhammad Kashif 25 - Apr - 2024 05 Min 12 Sec 14/17 -
L Lishay_1921 03 - Nov - 2023 06 Min 19 Sec 12/17 -
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 -
K kinza iman dar 30 - Oct - 2024 07 Min 24 Sec 11/17 -
H Hania Mughal 13 - Jun - 2023 03 Min 09 Sec 10/17 -
M Manoo Khan 15 - Feb - 2024 03 Min 30 Sec 10/17 -
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 -
Q Qazi Mohid 08 - Jun - 2026 07 Min 51 Sec 10/17
ICS Part II Economics Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | It is not included in estimation of national incoe |
A. Illegal income
B. Services of house wife
C. Imports
D. All are not included
|
| 2 | If we include it. national income will be over estimated |
A. Transfer payment
B. Income from abroad
C. Illegal income
D. Exports
|
| 3 | Direct taxes are not included in |
A. DPI
B. PI
C. NNP
D. a and c above
|
| 4 | A TV set purchased from a retail store is an example of. |
A. Final goods
B. Surplus goods
C. Capital goods
D. Intermediate goods
|
| 5 | The have a functional relation |
A. Consumption and national income
B. Consumption and saving
C. Consumption and investment
D. All of the above
|
| 6 | Circular flow of income links |
A. Income expenditure
B. Govt taxes govt expenditure
C. Exports ,imports
D. Saving and investment
|
| 7 | Which measure has the larger value . |
A. NNP
B. GNP
C. GDP
D. NI
|
| 8 | We measure natonalincome by this method. |
A. Expenditure method
B. Income method
C. Product method
D. As of the above
|
| 9 | Corporae tax is levied on |
A. Landdlords
B. Inporters
C. Big companies
D. Municipal corporations
|
| 10 | Transfer payments are not included in national income becaues. |
A. Such payments are made to persons livnig abroad
B. Double counting would result
C. They are illegal
D. There is no method to account for these
|
Test Questions