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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
If indirect taxes are deducted from NNP and subsidies are added. we achieve
Question # 2
Which of the following would NOT be included in GNP
Question # 3
If saving exceed investment then
Question # 4
It is considred as transfer payments
Question # 5
When National income is estimated by expenditue method we include.
Question # 6
If C= 200 and I= 40 Than Y will equal
Question # 7
Macroeconomics is concerned with.
Question # 8
Real national income increases when
Question # 9
Which statment is true
Question # 10
The four factor payments are.
Question # 11
GNP includes
Question # 12
If govermment increases taxes pivate savings.
Question # 13
A TV set purchased from a retail store is an example of.
Question # 14
National Income = Ntional Expenditure is an
Question # 15
Net investment is
Question # 16
Which statment is true
Question # 17
In economics one of more persons living in a joint family are called a
ICS Part 2 Economics English Medium Chapter 1 Test
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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 -
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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 | The largest type fo in come in the Pakistan is |
A. Compensation of employees
B. Propretors income
C. Rental income
D. Corporate profits
|
| 2 | Direct taxes are not included in |
A. DPI
B. PI
C. NNP
D. a and c above
|
| 3 | Transfer payments means. |
A. Bank loans
B. The payment without work
C. Payments made to all factors of production
D. Tax payments
|
| 4 | The have a functional relation |
A. Consumption and national income
B. Consumption and saving
C. Consumption and investment
D. All of the above
|
| 5 | A TV set purchased from a retail store is an example of. |
A. Final goods
B. Surplus goods
C. Capital goods
D. Intermediate goods
|
| 6 | It is avoided to make correct estimate of national income. |
A. Free services
B. Double counting
C. Export earnings
D. All of the above
|
| 7 | 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
|
| 8 | PI is equivalent to |
A. DPI Minus personal taxes
B. DIP Plus unerned receipts
C. DPI Minus income earned but not received
D. NI plus unearned receipts minus personal taxes
|
| 9 | If govermment increases taxes pivate savings. |
A. Increase
B. Decrease
C. Do not change
D. Will become zero
|
| 10 | If indirect taxes are deducted from NNP and subsidies are added. we achieve |
A. Personla savings
B. DPI
C. National Income
D. Percapita inocme
|
Test Questions
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Zarri
06 Dec 2017I want to fill the quiz