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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
Investment spending included the purchase of.
Question # 2
Consumption spending does NOT include.
Question # 3
Macroeconomics is concerned with.
Question # 4
It is counted in GDP
Question # 5
It is considred as transfer payments
Question # 6
Which of the following would NOT be included in GNP
Question # 7
Per capita Incom is.
Question # 8
National Income is.
Question # 9
Threre are methods of measurieng natinal income
Question # 10
In erms of national income accounts, multiple counting efers to.
Question # 11
National Income = Ntional Expenditure is an
Question # 12
In circular flow model
Question # 13
It is not included in estimation of national incoe
Question # 14
The largest type fo in come in the Pakistan is
Question # 15
The goods which arw used directly by the people are called.
Question # 16
Which statment is true
Question # 17
It is duducted from GNP to find NNP
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 -
Z Zahra Haq 02 - Jan - 2024 04 Min 24 Sec 11/17 -
M Mian Ubaid Ur Rehman 30 - Apr - 2024 04 Min 35 Sec 11/17 -
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H Hania Mughal 13 - Jun - 2023 03 Min 09 Sec 10/17 -
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M Maha Butt 15 - Jul - 2023 03 Min 50 Sec 10/17 -
A Ayesha Gull 28 - Dec - 2023 04 Min 15 Sec 10/17 -
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 | 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
|
| 2 | 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
|
| 3 | It would increase the lvel of national income. |
A. An increase in taxation
B. A reduction in governmnet spending
C. An increase in exports
D. Students scholarships
|
| 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 | Which is a flow concept. |
A. Number of my shirts
B. My montly income
C. My total wealth
D. Money Supply
|
| 6 | If indirect taxes are deducted from NNP and subsidies are added. we achieve |
A. Personla savings
B. DPI
C. National Income
D. Percapita inocme
|
| 7 | Per capita Incom is. |
A. Income per worker
B. Incomeper hea
C. Income per household
D. Income per industrial unit
|
| 8 | Corporae tax is levied on |
A. Landdlords
B. Inporters
C. Big companies
D. Municipal corporations
|
| 9 | It is duducted from GNP to find NNP |
A. Saving
B. Direct taxes
C. Depreciatin allowance
D. Subsidies
|
| 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