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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
National Income = Ntional Expenditure is an
Question # 2
The largest part of national income goes to
Question # 3
When National income is estimated by expenditue method we include.
Question # 4
Threre are methods of measurieng natinal income
Question # 5
Which measure has the larger value .
Question # 6
Investment spending included the purchase of.
Question # 7
Total value fo all final goods and services produced annually by a country.
Question # 8
If we include it. national income will be over estimated
Question # 9
In calculating national income which one will NOT be included.
Question # 10
Total value of allfinal goods andservices produced annually by a country.
Question # 11
If C= 200 and I= 40 Than Y will equal
Question # 12
Undisributed proits are considered.
Question # 13
GNP is
Question # 14
If govermment increases taxes pivate savings.
Question # 15
In erms of national income accounts, multiple counting efers to.
Question # 16
It is transfer payment
Question # 17
Net investment is
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 | GNP is always. |
A. Less than NNP
B. Grether than NNP
C. Equal to NNP
D. Is found from NNP
|
| 2 | Which statment is true |
A. National Income = Naional expenditure - indirettaxes
B. N1 =GNP -NNP
C. N1 =P1
D. NI =NNP-Indirect taxes
|
| 3 | 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
|
| 4 | Personal income includes. |
A. Direct taxes
B. Indirect taxes
C. Depreciation
D. None of the above
|
| 5 | 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
|
| 6 | Per capita Incom is. |
A. Income per worker
B. Incomeper hea
C. Income per household
D. Income per industrial unit
|
| 7 | Direct taxes are not included in |
A. DPI
B. PI
C. NNP
D. a and c above
|
| 8 | Transfer payments include. |
A. Daily wages, pensions
B. Pensions Zakat
C. Taxes, pocket money
D. Zakat , taxes
|
| 9 | 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
|
| 10 | In circular flow model |
A. Govt. owns productive resources
B. Firms own productive resources
C. Households own productive resorces
D. Rent of land is not included
|
Test Questions