2nd Year Economics Chapter 1 Online MCQ Test for 12th Class Economics Chapter 1 (National Income)

ICS Part 2 Economics English Medium Chapter 1 Test

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MCQ's Test For Chapter 0 "ICS Part 2 Economics English Medium Chapter 1 Online Test"

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ICS Part 2 Economics English Medium Chapter 1 Online Test

00:00
Question # 1

Direct taxes are not included in

Question # 2

Undisributed proits are considered.

Question # 3

It is considered as investment

Question # 4

It is transfer payment

Question # 5

In circular flow model

Question # 6

The largest type fo in come in the Pakistan is

Question # 7

Real national income increases when

Question # 8

It is considred as transfer payments

Question # 9

Net Exports are

Question # 10

We measure natonalincome by this method.

Question # 11

Which statment is true

Question # 12

Transfer payments include.

Question # 13

Which of the following would NOT be included in GNP

Question # 14

The largest type of income in the Pakistan is

Question # 15

Personal income includes.

Question # 16

It is avoided to make correct estimate of national income.

Question # 17

Corporae tax is levied on

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ICS Part 2 Economics English Medium Chapter 1 Test

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ICS Part II Economics Chapter 0 Important MCQ's

Sr.# Question Answer
1 Corporae tax is levied on
A. Landdlords
B. Inporters
C. Big companies
D. Municipal corporations
2 The largest type of income in the Pakistan is
A. Compensation of employees
B. Rental income
C. Proprietors income
D. Coporate profits
3 The four factor payments are.
A. Money, Capital, salaries, and income
B. Wages, rent internest and profts
C. Money, power, Prices, and wwalth
D. Wags, intrest, salareis,andtaxes.
4 Investment spending included the purchase of.
A. Lottery coupon
B. Prize Bond
C. Residential construction
D. all of the above
5 It is transfer payment
A. Payment o college tuition
B. A social securiy payment
C. Payment for a leased car
D. Intrest paid for a bank loan
6 Whis is the largest figure
A. NNP
B. GNP
C. DPI
D. PI
7 The largest type fo in come in the Pakistan is
A. Compensation of employees
B. Propretors income
C. Rental income
D. Corporate profits
8 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
9 In economics one of more persons living in a joint family are called a
A. Community
B. Social gathering
C. Super family
D. Household
10 Which is a flow concept.
A. Number of my shirts
B. My montly income
C. My total wealth
D. Money Supply

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  • Zarri

    Zarri

    06 Dec 2017

    I want to fill the quiz

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