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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
GNP includes
Question # 2
It is avoided to make correct estimate of national income.
Question # 3
The four factor payments are.
Question # 4
If indirect taxes are deducted from NNP and subsidies are added. we achieve
Question # 5
Net investment is
Question # 6
In circular flow model
Question # 7
It is not included in estimation of national incoe
Question # 8
Threre are methods of measurieng natinal income
Question # 9
Corporae tax is levied on
Question # 10
The largest part of national income goes to
Question # 11
Which is a flow concept.
Question # 12
National income is a measure of
Question # 13
Govt. transfer payment include
Question # 14
Undisributed proits are considered.
Question # 15
Circular flow of income links
Question # 16
PI is equivalent to
Question # 17
If saving exceed investment then
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 | Direct taxes are not included in |
A. DPI
B. PI
C. NNP
D. a and c above
|
| 2 | PI is equivalent to |
A. DPI Minus personal taxes
B. DIP Plus unerned receipts
C. DPI Minus income earned but not received
D. NI plus unearned receipts minus personal taxes
|
| 3 | Which of the followign is not included in personali income |
A. Social security benefits
B. Dividend payments
C. Undistributed corporate profits
D. Interest received from of saving certificates
|
| 4 | If indirect taxes are deducted from NNP and subsidies are added. we achieve |
A. Personla savings
B. DPI
C. National Income
D. Percapita inocme
|
| 5 | 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
|
| 6 | If govermment increases taxes pivate savings. |
A. Increase
B. Decrease
C. Do not change
D. Will become zero
|
| 7 | When National income is estimated by expenditue method we include. |
A. All govt expenditure
B. All houseolds expenditure
C. All of the above
D. All expenditure of the business sector
|
| 8 | 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
|
| 9 | Which statment is true |
A. NNP =GNP- Deprection
B. NNP =N1
C. NNP = DPI
D. NNP = GNP + Depreciation
|
| 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