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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
Total value fo all final goods and services produced annually by a country.
Question # 2
It would increase the lvel of national income.
Question # 3
In economics one of more persons living in a joint family are called a
Question # 4
GNP includes
Question # 5
Market value of all final goods and services produced in a country during a year is definition
Question # 6
The largest type fo in come in the Pakistan is
Question # 7
If govermment increases taxes pivate savings.
Question # 8
We measure natonalincome by this method.
Question # 9
It is duducted from GNP to find NNP
Question # 10
If we include it. national income will be over estimated
Question # 11
It is counted in GDP
Question # 12
Gross nationa product includes
Question # 13
National Income is.
Question # 14
It is considered as investment
Question # 15
It is avoided to make correct estimate of national income.
Question # 16
PI is equivalent to
Question # 17
Transfer payments means
ICS Part 2 Economics English Medium Chapter 1 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 -
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M mahsheed kashif 09 - Apr - 2024 04 Min 48 Sec 10/17
ICS Part II Economics Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | GNP is always. |
A. Less than NNP
B. Grether than NNP
C. Equal to NNP
D. Is found from NNP
|
| 2 | Net Exports are |
A. Total Exports plus total imports
B. Total exports minus total imports
C. Total exports divided by total imports
D. Total imports minus total exports
|
| 3 | Net investment is |
A. Gross investment minus household investment
B. Gross investment minus govt. investment
C. Gross investment minus capital consumption allowance
D. None of the above
|
| 4 | 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
|
| 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 | Which measure has the larger value . |
A. NNP
B. GNP
C. GDP
D. NI
|
| 7 | Per capita Incom is. |
A. Income per worker
B. Incomeper hea
C. Income per household
D. Income per industrial unit
|
| 8 | 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
|
| 9 | GNP includes |
A. A Loan from a bank
B. A loan from one's parents
C. A brokers commission
D. Gilfts and donations
|
| 10 | In economics one of more persons living in a joint family are called a |
A. Community
B. Social gathering
C. Super family
D. Household
|
Test Questions