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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
Govt. transfer payment include
Question # 2
We measure natonalincome by this method.
Question # 3
Investment spending included the purchase of.
Question # 4
National Income = Ntional Expenditure is an
Question # 5
National income is a measure of
Question # 6
A closed economy is best described as one in which
Question # 7
The goods which arw used directly by the people are called.
Question # 8
It is avoided to make correct estimate of national income.
Question # 9
Total value of allfinal goods andservices produced annually by a country.
Question # 10
Net Exports are
Question # 11
It is counted in GDP
Question # 12
Macroeconomics is concerned with.
Question # 13
If we deduct direct tax from personal income we get.
Question # 14
Which statment is true
Question # 15
National Income is.
Question # 16
Transfer payments means.
Question # 17
The have a functional relation
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 -
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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 | Circular flow of income links |
A. Income expenditure
B. Govt taxes govt expenditure
C. Exports ,imports
D. Saving and investment
|
| 2 | Threre are methods of measurieng natinal income |
A. 5
B. 4
C. 2
D. 3
|
| 3 | Total value of allfinal goods andservices produced annually by a country. |
A. NNP
B. GNP
C. GDP
D. NI
|
| 4 | Which statment is true |
A. NNP =GNP- Deprection
B. NNP =N1
C. NNP = DPI
D. NNP = GNP + Depreciation
|
| 5 | National income is a measure of |
A. The zise of government revenue
B. Payments made to facor of production
C. Production f goods per day
D. Total working hours
|
| 6 | Transfer payments means. |
A. Bank loans
B. The payment without work
C. Payments made to all factors of production
D. Tax payments
|
| 7 | National Income = Ntional Expenditure is an |
A. Equation
B. Identity
C. Function
D. None
|
| 8 | The goods which arw used directly by the people are called. |
A. Consumer goods
B. Capital good
C. Direct good
D. None
|
| 9 | The largest part of national income goes to |
A. Consumption
B. Investment
C. Saving
D. Transfer payment
|
| 10 | Whis is the largest figure |
A. NNP
B. GNP
C. DPI
D. PI
|
Test Questions
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06 Dec 2017I want to fill the quiz