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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
Transfer payments means
Question # 2
Direct taxes are not included in
Question # 3
In circular flow model
Question # 4
It is considred as transfer payments
Question # 5
National income is a measure of
Question # 6
Which statment is true
Question # 7
The four factor payments are.
Question # 8
PI is equivalent to
Question # 9
We measure natonalincome by this method.
Question # 10
If govermment increases taxes pivate savings.
Question # 11
Whis is the largest figure
Question # 12
A TV set purchased from a retail store is an example of.
Question # 13
Which of the followign is not included in personali income
Question # 14
It is not included in estimation of national incoe
Question # 15
It would increase the lvel of national income.
Question # 16
National Income is.
Question # 17
Threre are methods of measurieng natinal income
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 -
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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 | 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
|
| 2 | Per capita Incom is. |
A. Income per worker
B. Incomeper hea
C. Income per household
D. Income per industrial unit
|
| 3 | GNP is |
A. Total Sales in the economy
B. Total monetary transactions in an economy
C. Sum of market values of all goods and services prodcued in an economy
D. Totla spending in an economy
|
| 4 | Which of the following would NOT be included in GNP |
A. Govt. Transfer payments
B. Got. Purchase of an air plane
C. Payment for construction of highway
D. Salary paid for the presidents secretary
|
| 5 | If C= 200 and I= 40 Than Y will equal |
A. 160
B. 240
C. 200
D. 8000
|
| 6 | 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
|
| 7 | It is considred as transfer payments |
A. Salaries of govet emplyees
B. Bonus of bank employees
C. Inemployment allowance paid by govt
D. Free medical are to offers.
|
| 8 | 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
|
| 9 | Transfer payments means |
A. Bank loans
B. The payment without work
C. Tax payments
D. Payments made to all factors of production
|
| 10 | The have a functional relation |
A. Consumption and national income
B. Consumption and saving
C. Consumption and investment
D. All of the above
|
Test Questions
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Zarri
06 Dec 2017I want to fill the quiz