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

If C= 200 and I= 40 Than Y will equal

Question # 2

Net investment is

Question # 3

Whis is the largest figure

Question # 4

The four factor payments are.

Question # 5

Threre are methods of measurieng natinal income

Question # 6

National income is a measure of

Question # 7

Circular flow of income links

Question # 8

A TV set purchased from a retail store is an example of.

Question # 9

Which measure has the larger value .

Question # 10

It is not included in estimation of national incoe

Question # 11

The largest part of national income goes to

Question # 12

Personal income includes.

Question # 13

The have a functional relation

Question # 14

Which of the following would NOT be included in GNP

Question # 15

GNP is always.

Question # 16

Which of the followign is not included in personali income

Question # 17

It would increase the lvel of national income.

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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 National Income = Ntional Expenditure is an
A. Equation
B. Identity
C. Function
D. None
2 GNP is always.
A. Less than NNP
B. Grether than NNP
C. Equal to NNP
D. Is found from NNP
3 If govermment increases taxes pivate savings.
A. Increase
B. Decrease
C. Do not change
D. Will become zero
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 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
6 The have a functional relation
A. Consumption and national income
B. Consumption and saving
C. Consumption and investment
D. All of the above
7 Personal income includes.
A. Direct taxes
B. Indirect taxes
C. Depreciation
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 If indirect taxes are deducted from NNP and subsidies are added. we achieve
A. Personla savings
B. DPI
C. National Income
D. Percapita inocme
10 It is duducted from GNP to find NNP
A. Saving
B. Direct taxes
C. Depreciatin allowance
D. Subsidies

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  • Zarri

    Zarri

    06 Dec 2017

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