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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 govermment increases taxes pivate savings.
Question # 2
If indirect taxes are deducted from NNP and subsidies are added. we achieve
Question # 3
GNP is always.
Question # 4
In circular flow model
Question # 5
Threre are methods of measurieng natinal income
Question # 6
National Income = Ntional Expenditure is an
Question # 7
A closed economy is best described as one in which
Question # 8
Real national income increases when
Question # 9
The goods which arw used directly by the people are called.
Question # 10
National income is a measure of
Question # 11
If we include it. national income will be over estimated
Question # 12
GNP includes
Question # 13
Whis is the largest figure
Question # 14
Govt. transfer payment include
Question # 15
Corporae tax is levied on
Question # 16
Market value of all final goods and services produced in a country during a year is definition
Question # 17
Personal income includes.
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 -
L Lishay_1921 03 - Nov - 2023 06 Min 19 Sec 12/17 -
H Hussain Ahmad 23 - May - 2023 03 Min 35 Sec 11/17 -
Z Zahra Haq 02 - Jan - 2024 04 Min 24 Sec 11/17 -
M Mian Ubaid Ur Rehman 30 - Apr - 2024 04 Min 35 Sec 11/17 -
K kinza iman dar 30 - Oct - 2024 07 Min 24 Sec 11/17 -
H Hania Mughal 13 - Jun - 2023 03 Min 09 Sec 10/17 -
M Manoo Khan 15 - Feb - 2024 03 Min 30 Sec 10/17 -
M Maha Butt 15 - Jul - 2023 03 Min 50 Sec 10/17 -
A Ayesha Gull 28 - Dec - 2023 04 Min 15 Sec 10/17 -
M mahsheed kashif 09 - Apr - 2024 04 Min 48 Sec 10/17 -
J Jarrey Haider 27 - Apr - 2024 02 Min 05 Sec 9/17
ICS Part II Economics Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | The have a functional relation |
A. Consumption and national income
B. Consumption and saving
C. Consumption and investment
D. All of the above
|
| 2 | 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
|
| 3 | 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
|
| 4 | In calculating national income which one will NOT be included. |
A. Exports
B. Old age pensions
C. Wages of lecturer
D. Undistributed profit by firms
|
| 5 | If govermment increases taxes pivate savings. |
A. Increase
B. Decrease
C. Do not change
D. Will become zero
|
| 6 | It is considred as transfer payments |
A. Salaries of govet emplyees
B. Bonus of bank employees
C. Inemployment allowance paid by govt
D. Free medical are to offers.
|
| 7 | If indirect taxes are deducted from NNP and subsidies are added. we achieve |
A. Personla savings
B. DPI
C. National Income
D. Percapita inocme
|
| 8 | Net investment is |
A. Gross investment minus household investment
B. Gross investment minus govt. investment
C. Gross investment minus capital consumption allowance
D. None of the above
|
| 9 | Personal income includes. |
A. Direct taxes
B. Indirect taxes
C. Depreciation
D. None of the above
|
| 10 | If saving exceed investment then |
A. National income rises
B. National income falls
C. National income is not affected
D. None of the above
|
Test Questions
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Zarri
06 Dec 2017I want to fill the quiz