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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
To determine the correct level of GNP ,it is necessary to.
Question # 2
In calculating national income which one will NOT be included.
Question # 3
GNP includes
Question # 4
It is considred as transfer payments
Question # 5
If we deduct direct tax from personal income we get.
Question # 6
PI is equivalent to
Question # 7
In circular flow model
Question # 8
Per capita Incom is.
Question # 9
Transfer payments means
Question # 10
Whis is the largest figure
Question # 11
Real national income increases when
Question # 12
Consumption spending does NOT include.
Question # 13
Transfer payments means.
Question # 14
A TV set purchased from a retail store is an example of.
Question # 15
The four factor payments are.
Question # 16
Gross nationa product includes
Question # 17
Net Exports are
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 | 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 | Macroeconomics is concerned with. |
A. Aggregate economic activity
B. Spending decisions of households
C. Hod to produce goods
D. How tobuy stocks and bonds
|
| 3 | It is considered as investment |
A. Construction of a house
B. Purchase of an old house
C. Salaries of college professors
D. a and b above
|
| 4 | 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
|
| 5 | Govt. transfer payment include |
A. Social security benefits
B. Welfare benefits
C. Student scholarships
D. All of the above
|
| 6 | Corporae tax is levied on |
A. Landdlords
B. Inporters
C. Big companies
D. Municipal corporations
|
| 7 | The four factor payments are. |
A. Money, Capital, salaries, and income
B. Wages, rent internest and profts
C. Money, power, Prices, and wwalth
D. Wags, intrest, salareis,andtaxes.
|
| 8 | It is duducted from GNP to find NNP |
A. Saving
B. Direct taxes
C. Depreciatin allowance
D. Subsidies
|
| 9 | If C= 200 and I= 40 Than Y will equal |
A. 160
B. 240
C. 200
D. 8000
|
| 10 | Investment spending included the purchase of. |
A. Lottery coupon
B. Prize Bond
C. Residential construction
D. all of the above
|
Test Questions
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Zarri
06 Dec 2017I want to fill the quiz