12th class Economics chapter 1 online mcq test with answers for ICS part 2 Economics chapter 1 (National Income)

Top Scorers Of Chapter 0 "ICS Part 2 Economics English Medium Chapter 1 Online Test" MCQ`s Test

Sr.#	Question	Answer
1	Real national income increases when	A. Prics of goods are rising B. National savings increases C. Quantity of goods and services increases D. None of the above
2	Which measure has the larger value .	A. NNP B. GNP C. GDP D. NI
3	Investment spending included the purchase of.	A. Lottery coupon B. Prize Bond C. Residential construction D. all of the above
4	In economics one of more persons living in a joint family are called a	A. Community B. Social gathering C. Super family D. Household
5	Personal income includes.	A. Direct taxes B. Indirect taxes C. Depreciation D. None of the above
6	Transfer payments means	A. Bank loans B. The payment without work C. Tax payments D. Payments made to all factors of production
7	Which of the followign is not included in personali income	A. Social security benefits B. Dividend payments C. Undistributed corporate profits D. Interest received from of saving certificates
8	Country is poor if it has.	A. Less production of gods per capita B. Less amount of gold C. Less amout of foreign currency D. Less exports
9	A TV set purchased from a retail store is an example of.	A. Final goods B. Surplus goods C. Capital goods D. Intermediate goods
10	If saving exceed investment then	A. National income rises B. National income falls C. National income is not affected D. None of the above