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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 followign is not included in personali income
Question # 3
The four factor payments are.
Question # 4
It is transfer payment
Question # 5
It would increase the lvel of national income.
Question # 6
GNP is always.
Question # 7
The largest type fo in come in the Pakistan is
Question # 8
Real national income increases when
Question # 9
Market value of all final goods and services produced in a country during a year is definition
Question # 10
National Income is.
Question # 11
Transfer payments are not included in national income becaues.
Question # 12
Which statment is true
Question # 13
It is counted in GDP
Question # 14
It is avoided to make correct estimate of national income.
Question # 15
GNP is
Question # 16
If we deduct direct tax from personal income we get.
Question # 17
If indirect taxes are deducted from NNP and subsidies are added. we achieve
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 -
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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
ICS Part II Economics Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Market value of all final goods and services produced in a country during a year is definition |
A. GNP
B. NNP
C. NI
D. Consumption
|
| 2 | 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
|
| 3 | Transfer payments means |
A. Bank loans
B. The payment without work
C. Tax payments
D. Payments made to all factors of production
|
| 4 | Net Exports are |
A. Total Exports plus total imports
B. Total exports minus total imports
C. Total exports divided by total imports
D. Total imports minus total exports
|
| 5 | In erms of national income accounts, multiple counting efers to. |
A. The addition to GNP of multiple units of a good
B. Counting cureently producedgoods more than once
C. The inclusion in GNP of gross spending and taxes
D. Counting both goods and services
|
| 6 | 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
|
| 7 | GNP includes |
A. A Loan from a bank
B. A loan from one's parents
C. A brokers commission
D. Gilfts and donations
|
| 8 | Macroeconomics is concerned with. |
A. Aggregate economic activity
B. Spending decisions of households
C. Hod to produce goods
D. How tobuy stocks and bonds
|
| 9 | Direct taxes are not included in |
A. DPI
B. PI
C. NNP
D. a and c above
|
| 10 | 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
|
Test Questions
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Zarri
06 Dec 2017I want to fill the quiz