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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
Which measure has the larger value .
Question # 2
If we include it. national income will be over estimated
Question # 3
It is not included in estimation of national incoe
Question # 4
Gross nationa product includes
Question # 5
A TV set purchased from a retail store is an example of.
Question # 6
Total value of allfinal goods andservices produced annually by a country.
Question # 7
National Income is.
Question # 8
In erms of national income accounts, multiple counting efers to.
Question # 9
When National income is estimated by expenditue method we include.
Question # 10
Consumption spending does NOT include.
Question # 11
The largest part of national income goes to
Question # 12
Total value fo all final goods and services produced annually by a country.
Question # 13
It is counted in GDP
Question # 14
Which statment is true
Question # 15
Corporae tax is levied on
Question # 16
Which is a flow concept.
Question # 17
We measure natonalincome by this method.
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 -
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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 | If we include it. national income will be over estimated |
A. Transfer payment
B. Income from abroad
C. Illegal income
D. Exports
|
| 2 | 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
|
| 3 | 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
|
| 4 | Whis is the largest figure |
A. NNP
B. GNP
C. DPI
D. PI
|
| 5 | Which is a flow concept. |
A. Number of my shirts
B. My montly income
C. My total wealth
D. Money Supply
|
| 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 | National Income is. |
A. Total Income earned in producing the national product
B. All taxes plus govt. spending
C. Sum of personal income and saving
D. NNP minus the capital consumption allowance
|
| 8 | 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
|
| 9 | Total value fo all final goods and services produced annually by a country. |
A. NNP
B. GNP
C. GDP
D. NI
|
| 10 | Transfer payments are not included in national income becaues. |
A. Such payments are made to persons livnig abroad
B. Double counting would result
C. They are illegal
D. There is no method to account for these
|
Test Questions
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Zarri
06 Dec 2017I want to fill the quiz