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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
Market value of all final goods and services produced in a country during a year is definition
Question # 2
Which is a flow concept.
Question # 3
Gross nationa product includes
Question # 4
Transfer payments are not included in national income becaues.
Question # 5
Consumption spending does NOT include.
Question # 6
Macroeconomics is concerned with.
Question # 7
Whis is the largest figure
Question # 8
Undisributed proits are considered.
Question # 9
If saving exceed investment then
Question # 10
If C= 200 and I= 40 Than Y will equal
Question # 11
GNP is
Question # 12
We measure natonalincome by this method.
Question # 13
Per capita Incom is.
Question # 14
If indirect taxes are deducted from NNP and subsidies are added. we achieve
Question # 15
In circular flow model
Question # 16
When National income is estimated by expenditue method we include.
Question # 17
Circular flow of income links
ICS Part 2 Economics English Medium Chapter 1 Test
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ICS Part II Economics Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | GNP is always. |
A. Less than NNP
B. Grether than NNP
C. Equal to NNP
D. Is found from NNP
|
| 2 | If indirect taxes are deducted from NNP and subsidies are added. we achieve |
A. Personla savings
B. DPI
C. National Income
D. Percapita inocme
|
| 3 | 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
|
| 4 | The largest type fo in come in the Pakistan is |
A. Compensation of employees
B. Propretors income
C. Rental income
D. Corporate profits
|
| 5 | A TV set purchased from a retail store is an example of. |
A. Final goods
B. Surplus goods
C. Capital goods
D. Intermediate goods
|
| 6 | The have a functional relation |
A. Consumption and national income
B. Consumption and saving
C. Consumption and investment
D. All of the above
|
| 7 | If C= 200 and I= 40 Than Y will equal |
A. 160
B. 240
C. 200
D. 8000
|
| 8 | 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
|
| 9 | If we deduct direct tax from personal income we get. |
A. Net National income
B. Disposable income
C. Personal saving
D. Per capital income
|
| 10 | 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.
|
Test Questions