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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
Transfer payments means.
Question # 2
Investment spending included the purchase of.
Question # 3
Which of the following would NOT be included in GNP
Question # 4
If we deduct direct tax from personal income we get.
Question # 5
GNP is always.
Question # 6
Whis is the largest figure
Question # 7
The largest part of national income goes to
Question # 8
Consumption spending does NOT include.
Question # 9
The four factor payments are.
Question # 10
In economics one of more persons living in a joint family are called a
Question # 11
A TV set purchased from a retail store is an example of.
Question # 12
It is considered as investment
Question # 13
Real national income increases when
Question # 14
Undisributed proits are considered.
Question # 15
GNP is
Question # 16
The have a functional relation
Question # 17
Macroeconomics is concerned with.
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 Mian Ubaid Ur Rehman 30 - Apr - 2024 04 Min 35 Sec 11/17 -
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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 | 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 | 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
|
| 3 | Which is a flow concept. |
A. Number of my shirts
B. My montly income
C. My total wealth
D. Money Supply
|
| 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 | To determine the correct level of GNP ,it is necessary to. |
A. Add up the values of goods and services during one year
B. Add up allsavings
C. Count all imports
D. Add up the value of semi finished goods
|
| 6 | It is duducted from GNP to find NNP |
A. Saving
B. Direct taxes
C. Depreciatin allowance
D. Subsidies
|
| 7 | If C= 200 and I= 40 Than Y will equal |
A. 160
B. 240
C. 200
D. 8000
|
| 8 | Which of the following would NOT be included in GNP |
A. Govt. Transfer payments
B. Got. Purchase of an air plane
C. Payment for construction of highway
D. Salary paid for the presidents secretary
|
| 9 | Macroeconomics is concerned with. |
A. Aggregate economic activity
B. Spending decisions of households
C. Hod to produce goods
D. How tobuy stocks and bonds
|
| 10 | Transfer payments are not included in national income becaues. |
A. Such payments are made to persons livnig abroad
B. Double counting would result
C. They are illegal
D. There is no method to account for these
|
Test Questions
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06 Dec 2017I want to fill the quiz