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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
Gross nationa product includes
Question # 2
GNP is always.
Question # 3
Market value of all final goods and services produced in a country during a year is definition
Question # 4
Macroeconomics is concerned with.
Question # 5
The four factor payments are.
Question # 6
We measure natonalincome by this method.
Question # 7
If indirect taxes are deducted from NNP and subsidies are added. we achieve
Question # 8
Which statment is true
Question # 9
National income is a measure of
Question # 10
National Income = Ntional Expenditure is an
Question # 11
It is counted in GDP
Question # 12
It would increase the lvel of national income.
Question # 13
The goods which arw used directly by the people are called.
Question # 14
It is duducted from GNP to find NNP
Question # 15
If govermment increases taxes pivate savings.
Question # 16
Real national income increases when
Question # 17
When National income is estimated by expenditue method we include.
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 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 -
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 -
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 | It is transfer payment |
A. Payment o college tuition
B. A social securiy payment
C. Payment for a leased car
D. Intrest paid for a bank loan
|
| 2 | National Income = Ntional Expenditure is an |
A. Equation
B. Identity
C. Function
D. None
|
| 3 | Transfer payments means |
A. Bank loans
B. The payment without work
C. Tax payments
D. Payments made to all factors of production
|
| 4 | GNP is always. |
A. Less than NNP
B. Grether than NNP
C. Equal to NNP
D. Is found from NNP
|
| 5 | The largest type of income in the Pakistan is |
A. Compensation of employees
B. Rental income
C. Proprietors income
D. Coporate profits
|
| 6 | It is avoided to make correct estimate of national income. |
A. Free services
B. Double counting
C. Export earnings
D. All of the above
|
| 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 | Which measure has the larger value . |
A. NNP
B. GNP
C. GDP
D. NI
|
| 9 | National income is a measure of |
A. The zise of government revenue
B. Payments made to facor of production
C. Production f goods per day
D. Total working hours
|
| 10 | 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
|
Test Questions