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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
In circular flow model
Question # 2
Gross nationa product includes
Question # 3
A closed economy is best described as one in which
Question # 4
Per capita Incom is.
Question # 5
Which is a flow concept.
Question # 6
If we include it. national income will be over estimated
Question # 7
Real national income increases when
Question # 8
Net Exports are
Question # 9
Net investment is
Question # 10
It is avoided to make correct estimate of national income.
Question # 11
Total value of allfinal goods andservices produced annually by a country.
Question # 12
The largest part of national income goes to
Question # 13
The four factor payments are.
Question # 14
Which measure has the larger value .
Question # 15
The largest type fo in come in the Pakistan is
Question # 16
Direct taxes are not included in
Question # 17
It is duducted from GNP to find NNP
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 -
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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 -
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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
| Sr.# | Question | Answer |
|---|---|---|
| 1 | The largest part of national income goes to |
A. Consumption
B. Investment
C. Saving
D. Transfer payment
|
| 2 | Macroeconomics is concerned with. |
A. Aggregate economic activity
B. Spending decisions of households
C. Hod to produce goods
D. How tobuy stocks and bonds
|
| 3 | 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
|
| 4 | If C= 200 and I= 40 Than Y will equal |
A. 160
B. 240
C. 200
D. 8000
|
| 5 | Which is a flow concept. |
A. Number of my shirts
B. My montly income
C. My total wealth
D. Money Supply
|
| 6 | A TV set purchased from a retail store is an example of. |
A. Final goods
B. Surplus goods
C. Capital goods
D. Intermediate goods
|
| 7 | Corporae tax is levied on |
A. Landdlords
B. Inporters
C. Big companies
D. Municipal corporations
|
| 8 | Direct taxes are not included in |
A. DPI
B. PI
C. NNP
D. a and c above
|
| 9 | GNP is |
A. Total Sales in the economy
B. Total monetary transactions in an economy
C. Sum of market values of all goods and services prodcued in an economy
D. Totla spending in an economy
|
| 10 | We measure natonalincome by this method. |
A. Expenditure method
B. Income method
C. Product method
D. As of the above
|
| 11 | If we deduct direct tax from personal income we get. |
A. Net National income
B. Disposable income
C. Personal saving
D. Per capital income
|
| 12 | In circular flow model |
A. Govt. owns productive resources
B. Firms own productive resources
C. Households own productive resorces
D. Rent of land is not included
|
| 13 | Transfer payments means. |
A. Bank loans
B. The payment without work
C. Payments made to all factors of production
D. Tax payments
|
| 14 | It is duducted from GNP to find NNP |
A. Saving
B. Direct taxes
C. Depreciatin allowance
D. Subsidies
|
| 15 | 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.
|
| 16 | The largest type of income in the Pakistan is |
A. Compensation of employees
B. Rental income
C. Proprietors income
D. Coporate profits
|
| 17 | Total value fo all final goods and services produced annually by a country. |
A. NNP
B. GNP
C. GDP
D. NI
|
Test Questions
