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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
Net Exports are
Question # 2
Macroeconomics is concerned with.
Question # 3
Investment spending included the purchase of.
Question # 4
A TV set purchased from a retail store is an example of.
Question # 5
The have a functional relation
Question # 6
Consumption spending does NOT include.
Question # 7
GNP includes
Question # 8
Which statment is true
Question # 9
The largest type of income in the Pakistan is
Question # 10
Which statment is true
Question # 11
A closed economy is best described as one in which
Question # 12
Real national income increases when
Question # 13
Per capita Incom is.
Question # 14
Transfer payments are not included in national income becaues.
Question # 15
Which is a flow concept.
Question # 16
It is not included in estimation of national incoe
Question # 17
Whis is the largest figure
ICS Part 2 Economics English Medium Chapter 1 Test
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M Masooma Zainab 14 - Sep - 2026 03 Min 31 Sec 15/17 -
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ICS Part II Economics Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | 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
|
| 2 | If we deduct direct tax from personal income we get. |
A. Net National income
B. Disposable income
C. Personal saving
D. Per capital income
|
| 3 | The four factor payments are. |
A. Money, Capital, salaries, and income
B. Wages, rent internest and profts
C. Money, power, Prices, and wwalth
D. Wags, intrest, salareis,andtaxes.
|
| 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 | Transfer payments include. |
A. Daily wages, pensions
B. Pensions Zakat
C. Taxes, pocket money
D. Zakat , taxes
|
| 6 | Whis is the largest figure |
A. NNP
B. GNP
C. DPI
D. PI
|
| 7 | The goods which arw used directly by the people are called. |
A. Consumer goods
B. Capital good
C. Direct good
D. None
|
| 8 | If C= 200 and I= 40 Than Y will equal |
A. 160
B. 240
C. 200
D. 8000
|
| 9 | 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
|
| 10 | The largest type of income in the Pakistan is |
A. Compensation of employees
B. Rental income
C. Proprietors income
D. Coporate profits
|
Test Questions