12th class Economics chapter 1 online mcq test with answers for ICS part 2 Economics chapter 1 (National Income)

Top Scorers Of Chapter 0 "ICS Part 2 Economics English Medium Chapter 1 Online Test" MCQ`s Test

Sr.#	Question	Answer
1	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
2	Whis is the largest figure	A. NNP B. GNP C. DPI D. PI
3	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
4	Investment spending included the purchase of.	A. Lottery coupon B. Prize Bond C. Residential construction D. all of the above
5	Govt. transfer payment include	A. Social security benefits B. Welfare benefits C. Student scholarships D. All of the above
6	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
7	If saving exceed investment then	A. National income rises B. National income falls C. National income is not affected D. None of the above
8	National Income is.	A. Total Income earned in producing the national product B. All taxes plus govt. spending C. Sum of personal income and saving D. NNP minus the capital consumption allowance
9	The goods which arw used directly by the people are called.	A. Consumer goods B. Capital good C. Direct good D. None
10	We measure natonalincome by this method.	A. Expenditure method B. Income method C. Product method D. As of the above