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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 considred as transfer payments
Question # 2
Which of the following would NOT be included in GNP
Question # 3
Circular flow of income links
Question # 4
When National income is estimated by expenditue method we include.
Question # 5
Threre are methods of measurieng natinal income
Question # 6
Per capita Incom is.
Question # 7
Which measure has the larger value .
Question # 8
Personal income includes.
Question # 9
Market value of all final goods and services produced in a country during a year is definition
Question # 10
Govt. transfer payment include
Question # 11
Undisributed proits are considered.
Question # 12
Gross nationa product includes
Question # 13
Transfer payments means.
Question # 14
If we include it. national income will be over estimated
Question # 15
It is avoided to make correct estimate of national income.
Question # 16
It is counted in GDP
Question # 17
GNP is
ICS Part 2 Economics English Medium Chapter 1 Test
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M M.Attiq-U-Rehman 26 - Nov - 2023 02 Min 23 Sec 16/17 -
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ICS Part II Economics Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | If indirect taxes are deducted from NNP and subsidies are added. we achieve |
A. Personla savings
B. DPI
C. National Income
D. Percapita inocme
|
| 2 | Per capita Incom is. |
A. Income per worker
B. Incomeper hea
C. Income per household
D. Income per industrial unit
|
| 3 | National Income = Ntional Expenditure is an |
A. Equation
B. Identity
C. Function
D. None
|
| 4 | Which is a flow concept. |
A. Number of my shirts
B. My montly income
C. My total wealth
D. Money Supply
|
| 5 | Corporae tax is levied on |
A. Landdlords
B. Inporters
C. Big companies
D. Municipal corporations
|
| 6 | 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
|
| 7 | 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
|
| 8 | It is avoided to make correct estimate of national income. |
A. Free services
B. Double counting
C. Export earnings
D. All of the above
|
| 9 | It is duducted from GNP to find NNP |
A. Saving
B. Direct taxes
C. Depreciatin allowance
D. Subsidies
|
| 10 | Total value of allfinal goods andservices produced annually by a country. |
A. NNP
B. GNP
C. GDP
D. NI
|
Test Questions
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Zarri
06 Dec 2017I want to fill the quiz