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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
The largest part of national income goes to
Question # 3
Corporae tax is levied on
Question # 4
The largest type of income in the Pakistan is
Question # 5
National Income = Ntional Expenditure is an
Question # 6
Undisributed proits are considered.
Question # 7
In erms of national income accounts, multiple counting efers to.
Question # 8
If C= 200 and I= 40 Than Y will equal
Question # 9
We measure natonalincome by this method.
Question # 10
When National income is estimated by expenditue method we include.
Question # 11
It would increase the lvel of national income.
Question # 12
Country is poor if it has.
Question # 13
National Income is.
Question # 14
It is counted in GDP
Question # 15
Threre are methods of measurieng natinal income
Question # 16
A closed economy is best described as one in which
Question # 17
It is considred as transfer payments
ICS Part 2 Economics English Medium Chapter 1 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 Masooma Zainab 14 - Sep - 2026 03 Min 31 Sec 15/17 -
M Muhammad Kashif 25 - Apr - 2024 05 Min 12 Sec 14/17 -
L Lishay_1921 03 - Nov - 2023 06 Min 19 Sec 12/17 -
H Hussain Ahmad 23 - May - 2023 03 Min 35 Sec 11/17 -
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M Mian Ubaid Ur Rehman 30 - Apr - 2024 04 Min 35 Sec 11/17 -
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M mahsheed kashif 09 - Apr - 2024 04 Min 48 Sec 10/17 -
Q Qazi Mohid 08 - Jun - 2026 07 Min 51 Sec 10/17
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 | Direct taxes are not included in |
A. DPI
B. PI
C. NNP
D. a and c above
|
| 3 | We measure natonalincome by this method. |
A. Expenditure method
B. Income method
C. Product method
D. As of the above
|
| 4 | It would increase the lvel of national income. |
A. An increase in taxation
B. A reduction in governmnet spending
C. An increase in exports
D. Students scholarships
|
| 5 | A closed economy is best described as one in which |
A. thre are no monopolies
B. No corporations
C. No extemalities
D. No international trade
|
| 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 C= 200 and I= 40 Than Y will equal |
A. 160
B. 240
C. 200
D. 8000
|
| 8 | If saving exceed investment then |
A. National income rises
B. National income falls
C. National income is not affected
D. None of the above
|
| 9 | If indirect taxes are deducted from NNP and subsidies are added. we achieve |
A. Personla savings
B. DPI
C. National Income
D. Percapita inocme
|
| 10 | Transfer payments means. |
A. Bank loans
B. The payment without work
C. Payments made to all factors of production
D. Tax payments
|
Test Questions