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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
It is transfer payment
Question # 2
GNP is
Question # 3
The goods which arw used directly by the people are called.
Question # 4
Per capita Incom is.
Question # 5
Which measure has the larger value .
Question # 6
In circular flow model
Question # 7
Which of the following would NOT be included in GNP
Question # 8
Which is a flow concept.
Question # 9
We measure natonalincome by this method.
Question # 10
Total value of allfinal goods andservices produced annually by a country.
Question # 11
Real national income increases when
Question # 12
If govermment increases taxes pivate savings.
Question # 13
To determine the correct level of GNP ,it is necessary to.
Question # 14
It is not included in estimation of national incoe
Question # 15
If C= 200 and I= 40 Than Y will equal
Question # 16
A closed economy is best described as one in which
Question # 17
National Income = Ntional Expenditure is an
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 | Corporae tax is levied on |
A. Landdlords
B. Inporters
C. Big companies
D. Municipal corporations
|
| 2 | Personal income includes. |
A. Direct taxes
B. Indirect taxes
C. Depreciation
D. None of the above
|
| 3 | Total value fo all final goods and services produced annually by a country. |
A. NNP
B. GNP
C. GDP
D. NI
|
| 4 | If we deduct direct tax from personal income we get. |
A. Net National income
B. Disposable income
C. Personal saving
D. Per capital income
|
| 5 | Macroeconomics is concerned with. |
A. Aggregate economic activity
B. Spending decisions of households
C. Hod to produce goods
D. How tobuy stocks and bonds
|
| 6 | 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
|
| 7 | It is counted in GDP |
A. Sale price of an old car
B. A TV set produced this year but not sold
C. Purchase of 100 shares of PSO
D. The leisure people consume
|
| 8 | It is transfer payment |
A. Payment o college tuition
B. A social securiy payment
C. Payment for a leased car
D. Intrest paid for a bank loan
|
| 9 | GNP is always. |
A. Less than NNP
B. Grether than NNP
C. Equal to NNP
D. Is found from NNP
|
| 10 | It is avoided to make correct estimate of national income. |
A. Free services
B. Double counting
C. Export earnings
D. All of the above
|
Test Questions
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Zarri
06 Dec 2017I want to fill the quiz