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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 economics one of more persons living in a joint family are called a
Question # 2
The goods which arw used directly by the people are called.
Question # 3
Corporae tax is levied on
Question # 4
The have a functional relation
Question # 5
If C= 200 and I= 40 Than Y will equal
Question # 6
The largest type of income in the Pakistan is
Question # 7
GNP is always.
Question # 8
Total value of allfinal goods andservices produced annually by a country.
Question # 9
It is considered as investment
Question # 10
In circular flow model
Question # 11
Which of the followign is not included in personali income
Question # 12
We measure natonalincome by this method.
Question # 13
Gross nationa product includes
Question # 14
In erms of national income accounts, multiple counting efers to.
Question # 15
Macroeconomics is concerned with.
Question # 16
Total value fo all final goods and services produced annually by a country.
Question # 17
Real national income increases when
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 -
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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 | Transfer payments include. |
A. Daily wages, pensions
B. Pensions Zakat
C. Taxes, pocket money
D. Zakat , taxes
|
| 2 | 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
|
| 3 | National Income is. |
A. Total Income earned in producing the national product
B. All taxes plus govt. spending
C. Sum of personal income and saving
D. NNP minus the capital consumption allowance
|
| 4 | Circular flow of income links |
A. Income expenditure
B. Govt taxes govt expenditure
C. Exports ,imports
D. Saving and investment
|
| 5 | If C= 200 and I= 40 Than Y will equal |
A. 160
B. 240
C. 200
D. 8000
|
| 6 | Which measure has the larger value . |
A. NNP
B. GNP
C. GDP
D. NI
|
| 7 | Govt. transfer payment include |
A. Social security benefits
B. Welfare benefits
C. Student scholarships
D. All of the above
|
| 8 | 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
|
| 9 | When National income is estimated by expenditue method we include. |
A. All govt expenditure
B. All houseolds expenditure
C. All of the above
D. All expenditure of the business sector
|
| 10 | GNP is always. |
A. Less than NNP
B. Grether than NNP
C. Equal to NNP
D. Is found from NNP
|
Test Questions
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06 Dec 2017I want to fill the quiz