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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
Circular flow of income links
Question # 2
To determine the correct level of GNP ,it is necessary to.
Question # 3
It is counted in GDP
Question # 4
National Income is.
Question # 5
Transfer payments include.
Question # 6
If govermment increases taxes pivate savings.
Question # 7
Which of the followign is not included in personali income
Question # 8
Net investment is
Question # 9
Macroeconomics is concerned with.
Question # 10
The largest type of income in the Pakistan is
Question # 11
Investment spending included the purchase of.
Question # 12
It is considred as transfer payments
Question # 13
It is considered as investment
Question # 14
GNP includes
Question # 15
Whis is the largest figure
Question # 16
Gross nationa product includes
Question # 17
Which of the following would NOT be included in GNP
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 -
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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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 |
A. Total Sales in the economy
B. Total monetary transactions in an economy
C. Sum of market values of all goods and services prodcued in an economy
D. Totla spending in an economy
|
| 2 | It is duducted from GNP to find NNP |
A. Saving
B. Direct taxes
C. Depreciatin allowance
D. Subsidies
|
| 3 | In circular flow model |
A. Govt. owns productive resources
B. Firms own productive resources
C. Households own productive resorces
D. Rent of land is not included
|
| 4 | Macroeconomics is concerned with. |
A. Aggregate economic activity
B. Spending decisions of households
C. Hod to produce goods
D. How tobuy stocks and bonds
|
| 5 | In erms of national income accounts, multiple counting efers to. |
A. The addition to GNP of multiple units of a good
B. Counting cureently producedgoods more than once
C. The inclusion in GNP of gross spending and taxes
D. Counting both goods and services
|
| 6 | Undisributed proits are considered. |
A. Income enrned but not received
B. Income eearned and received
C. Income received but not earned
D. None of the above
|
| 7 | 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
|
| 8 | Per capita Incom is. |
A. Income per worker
B. Incomeper hea
C. Income per household
D. Income per industrial unit
|
| 9 | The largest type fo in come in the Pakistan is |
A. Compensation of employees
B. Propretors income
C. Rental income
D. Corporate profits
|
| 10 | 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
|
Test Questions
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Zarri
06 Dec 2017I want to fill the quiz