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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
Market value of all final goods and services produced in a country during a year is definition
Question # 2
It is avoided to make correct estimate of national income.
Question # 3
To determine the correct level of GNP ,it is necessary to.
Question # 4
In economics one of more persons living in a joint family are called a
Question # 5
GNP is always.
Question # 6
Investment spending included the purchase of.
Question # 7
Which statment is true
Question # 8
Govt. transfer payment include
Question # 9
Consumption spending does NOT include.
Question # 10
The four factor payments are.
Question # 11
National Income is.
Question # 12
Per capita Incom is.
Question # 13
National Income = Ntional Expenditure is an
Question # 14
It is considred as transfer payments
Question # 15
A TV set purchased from a retail store is an example of.
Question # 16
Undisributed proits are considered.
Question # 17
If indirect taxes are deducted from NNP and subsidies are added. we achieve
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 -
S Samar Amer 04 - Apr - 2023 01 Min 42 Sec 11/17 -
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
ICS Part II Economics Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Investment spending included the purchase of. |
A. Lottery coupon
B. Prize Bond
C. Residential construction
D. all of the above
|
| 2 | Total value fo all final goods and services produced annually by a country. |
A. NNP
B. GNP
C. GDP
D. NI
|
| 3 | Threre are methods of measurieng natinal income |
A. 5
B. 4
C. 2
D. 3
|
| 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 | If saving exceed investment then |
A. National income rises
B. National income falls
C. National income is not affected
D. None of the above
|
| 6 | The largest type fo in come in the Pakistan is |
A. Compensation of employees
B. Propretors income
C. Rental income
D. Corporate profits
|
| 7 | Personal income includes. |
A. Direct taxes
B. Indirect taxes
C. Depreciation
D. None of the above
|
| 8 | The largest part of national income goes to |
A. Consumption
B. Investment
C. Saving
D. Transfer payment
|
| 9 | Transfer payments means. |
A. Bank loans
B. The payment without work
C. Payments made to all factors of production
D. Tax payments
|
| 10 | In circular flow model |
A. Govt. owns productive resources
B. Firms own productive resources
C. Households own productive resorces
D. Rent of land is not included
|
Test Questions