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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 erms of national income accounts, multiple counting efers to.
Question # 2
Which of the following would NOT be included in GNP
Question # 3
The goods which arw used directly by the people are called.
Question # 4
GNP includes
Question # 5
It would increase the lvel of national income.
Question # 6
If C= 200 and I= 40 Than Y will equal
Question # 7
The have a functional relation
Question # 8
A closed economy is best described as one in which
Question # 9
GNP is always.
Question # 10
Direct taxes are not included in
Question # 11
Which statment is true
Question # 12
Investment spending included the purchase of.
Question # 13
Personal income includes.
Question # 14
Market value of all final goods and services produced in a country during a year is definition
Question # 15
If indirect taxes are deducted from NNP and subsidies are added. we achieve
Question # 16
Net investment is
Question # 17
Which statment is true
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 -
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H Hussain Ahmad 23 - May - 2023 03 Min 35 Sec 11/17 -
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M Mian Ubaid Ur Rehman 30 - Apr - 2024 04 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 | 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
|
| 2 | Which of the following would NOT be included in GNP |
A. Govt. Transfer payments
B. Got. Purchase of an air plane
C. Payment for construction of highway
D. Salary paid for the presidents secretary
|
| 3 | In economics one of more persons living in a joint family are called a |
A. Community
B. Social gathering
C. Super family
D. Household
|
| 4 | GNP includes |
A. A Loan from a bank
B. A loan from one's parents
C. A brokers commission
D. Gilfts and donations
|
| 5 | Threre are methods of measurieng natinal income |
A. 5
B. 4
C. 2
D. 3
|
| 6 | A closed economy is best described as one in which |
A. thre are no monopolies
B. No corporations
C. No extemalities
D. No international trade
|
| 7 | National Income = Ntional Expenditure is an |
A. Equation
B. Identity
C. Function
D. None
|
| 8 | Circular flow of income links |
A. Income expenditure
B. Govt taxes govt expenditure
C. Exports ,imports
D. Saving and investment
|
| 9 | To determine the correct level of GNP ,it is necessary to. |
A. Add up the values of goods and services during one year
B. Add up allsavings
C. Count all imports
D. Add up the value of semi finished goods
|
| 10 | The largest type of income in the Pakistan is |
A. Compensation of employees
B. Rental income
C. Proprietors income
D. Coporate profits
|
Test Questions