12th class Economics chapter 1 online mcq test with answers for ICS part 2 Economics chapter 1 (National Income)

Top Scorers Of Chapter 0 "ICS Part 2 Economics English Medium Chapter 1 Online Test" MCQ`s Test

Sr.#	Question	Answer
1	The have a functional relation	A. Consumption and national income B. Consumption and saving C. Consumption and investment D. All of the above
2	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
3	Undisributed proits are considered.	A. Income enrned but not received B. Income eearned and received C. Income received but not earned D. None of the above
4	The largest type of income in the Pakistan is	A. Compensation of employees B. Rental income C. Proprietors income D. Coporate profits
5	Total value of allfinal goods andservices produced annually by a country.	A. NNP B. GNP C. GDP D. NI
6	If saving exceed investment then	A. National income rises B. National income falls C. National income is not affected D. None of the above
7	The goods which arw used directly by the people are called.	A. Consumer goods B. Capital good C. Direct good D. None
8	Which is a flow concept.	A. Number of my shirts B. My montly income C. My total wealth D. Money Supply
9	Circular flow of income links	A. Income expenditure B. Govt taxes govt expenditure C. Exports ,imports D. Saving and investment
10	If we deduct direct tax from personal income we get.	A. Net National income B. Disposable income C. Personal saving D. Per capital income