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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
Net investment is
Question # 2
If indirect taxes are deducted from NNP and subsidies are added. we achieve
Question # 3
The largest type of income in the Pakistan is
Question # 4
Which is a flow concept.
Question # 5
It is counted in GDP
Question # 6
If we include it. national income will be over estimated
Question # 7
Transfer payments include.
Question # 8
National income is a measure of
Question # 9
GNP is
Question # 10
If we deduct direct tax from personal income we get.
Question # 11
To determine the correct level of GNP ,it is necessary to.
Question # 12
Total value of allfinal goods andservices produced annually by a country.
Question # 13
Macroeconomics is concerned with.
Question # 14
Threre are methods of measurieng natinal income
Question # 15
Undisributed proits are considered.
Question # 16
The largest part of national income goes to
Question # 17
In calculating national income which one will NOT be included.
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 -
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 | 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
|
| 2 | To determine the correct level of GNP ,it is necessary to. |
A. Add up the values of goods and services during one year
B. Add up allsavings
C. Count all imports
D. Add up the value of semi finished goods
|
| 3 | Per capita Incom is. |
A. Income per worker
B. Incomeper hea
C. Income per household
D. Income per industrial unit
|
| 4 | The largest type fo in come in the Pakistan is |
A. Compensation of employees
B. Propretors income
C. Rental income
D. Corporate profits
|
| 5 | Market value of all final goods and services produced in a country during a year is definition |
A. GNP
B. NNP
C. NI
D. Consumption
|
| 6 | It is considered as investment |
A. Construction of a house
B. Purchase of an old house
C. Salaries of college professors
D. a and b above
|
| 7 | Real national income increases when |
A. Prics of goods are rising
B. National savings increases
C. Quantity of goods and services increases
D. None of the above
|
| 8 | Total value fo all final goods and services produced annually by a country. |
A. NNP
B. GNP
C. GDP
D. NI
|
| 9 | National income is a measure of |
A. The zise of government revenue
B. Payments made to facor of production
C. Production f goods per day
D. Total working hours
|
| 10 | Which of the following would NOT be included in GNP |
A. Govt. Transfer payments
B. Got. Purchase of an air plane
C. Payment for construction of highway
D. Salary paid for the presidents secretary
|
Test Questions
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