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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
GNP is always.
Question # 2
Real national income increases when
Question # 3
The have a functional relation
Question # 4
Transfer payments include.
Question # 5
It is duducted from GNP to find NNP
Question # 6
If saving exceed investment then
Question # 7
National Income = Ntional Expenditure is an
Question # 8
Circular flow of income links
Question # 9
Direct taxes are not included in
Question # 10
It would increase the lvel of national income.
Question # 11
In calculating national income which one will NOT be included.
Question # 12
Total value fo all final goods and services produced annually by a country.
Question # 13
The largest part of national income goes to
Question # 14
If we include it. national income will be over estimated
Question # 15
Personal income includes.
Question # 16
Whis is the largest figure
Question # 17
National Income is.
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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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 -
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M Mian Ubaid Ur Rehman 30 - Apr - 2024 04 Min 35 Sec 11/17 -
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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 saving exceed investment then |
A. National income rises
B. National income falls
C. National income is not affected
D. None of the above
|
| 2 | GNP includes |
A. A Loan from a bank
B. A loan from one's parents
C. A brokers commission
D. Gilfts and donations
|
| 3 | 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
|
| 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 | Threre are methods of measurieng natinal income |
A. 5
B. 4
C. 2
D. 3
|
| 7 | It is not included in estimation of national incoe |
A. Illegal income
B. Services of house wife
C. Imports
D. All are not included
|
| 8 | Which statment is true |
A. NNP =GNP- Deprection
B. NNP =N1
C. NNP = DPI
D. NNP = GNP + Depreciation
|
| 9 | A TV set purchased from a retail store is an example of. |
A. Final goods
B. Surplus goods
C. Capital goods
D. Intermediate goods
|
| 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