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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
If we include it. national income will be over estimated
Question # 2
Total value of allfinal goods andservices produced annually by a country.
Question # 3
GNP is
Question # 4
To determine the correct level of GNP ,it is necessary to.
Question # 5
Whis is the largest figure
Question # 6
Macroeconomics is concerned with.
Question # 7
If saving exceed investment then
Question # 8
In erms of national income accounts, multiple counting efers to.
Question # 9
GNP is always.
Question # 10
GNP includes
Question # 11
Circular flow of income links
Question # 12
Gross nationa product includes
Question # 13
Transfer payments means
Question # 14
The goods which arw used directly by the people are called.
Question # 15
Transfer payments means.
Question # 16
In economics one of more persons living in a joint family are called a
Question # 17
Net Exports are
ICS Part 2 Economics English Medium Chapter 1 Test
Top Scorers Of Chapter 0 "ICS Part 2 Economics English Medium Chapter 1 Online Test" MCQ`s 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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M mahsheed kashif 09 - Apr - 2024 04 Min 48 Sec 10/17 -
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 | National Income = Ntional Expenditure is an |
A. Equation
B. Identity
C. Function
D. None
|
| 2 | Which is a flow concept. |
A. Number of my shirts
B. My montly income
C. My total wealth
D. Money Supply
|
| 3 | Which measure has the larger value . |
A. NNP
B. GNP
C. GDP
D. NI
|
| 4 | 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
|
| 5 | If govermment increases taxes pivate savings. |
A. Increase
B. Decrease
C. Do not change
D. Will become zero
|
| 6 | Which of the followign is not included in personali income |
A. Social security benefits
B. Dividend payments
C. Undistributed corporate profits
D. Interest received from of saving certificates
|
| 7 | Total value of allfinal goods andservices produced annually by a country. |
A. NNP
B. GNP
C. GDP
D. NI
|
| 8 | 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
|
| 9 | If indirect taxes are deducted from NNP and subsidies are added. we achieve |
A. Personla savings
B. DPI
C. National Income
D. Percapita inocme
|
| 10 | Circular flow of income links |
A. Income expenditure
B. Govt taxes govt expenditure
C. Exports ,imports
D. Saving and investment
|
Test Questions
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Zarri
06 Dec 2017I want to fill the quiz