12th class Economics chapter 1 online mcq test with answers for ICS part 2 Economics chapter 1 (National Income)

Top Scorers Of Chapter 0 "ICS Part 2 Economics English Medium Chapter 1 Online Test" MCQ`s Test

Sr.#	Question	Answer
1	Direct taxes are not included in	A. DPI B. PI C. NNP D. a and c above
2	Transfer payments means.	A. Bank loans B. The payment without work C. Payments made to all factors of production D. Tax payments
3	The largest type fo in come in the Pakistan is	A. Compensation of employees B. Propretors income C. Rental income D. Corporate profits
4	Which measure has the larger value .	A. NNP B. GNP C. GDP D. NI
5	Per capita Incom is.	A. Income per worker B. Incomeper hea C. Income per household D. Income per industrial unit
6	Macroeconomics is concerned with.	A. Aggregate economic activity B. Spending decisions of households C. Hod to produce goods D. How tobuy stocks and bonds
7	It is counted in GDP	A. Sale price of an old car B. A TV set produced this year but not sold C. Purchase of 100 shares of PSO D. The leisure people consume
8	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
9	In economics one of more persons living in a joint family are called a	A. Community B. Social gathering C. Super family D. Household
10	It is considered as investment	A. Construction of a house B. Purchase of an old house C. Salaries of college professors D. a and b above