12th class Economics chapter 11 online mcq test with answers for ICS part 2 Economics chapter 11 (National Income of Pakistan)

Question # 1

It is not a facor of economic development

Money A
Land B
Capital C
Technology D

Question # 2

The largest sector of Pakistan economy

Transport A
Agriculture B
Industry C
Trade D

Question # 3

Pakistan is an economy

Developing A
Developed B
Fast growing economy C
a and c above D

Question # 4

Economic Development

Is the same as economic growth A
Means improvement in lifestyle B
Exists when there is equal distributio of income C
All of the above D

Question # 5

There are obstacles to rapid economic development of Pakistan

Social A
Political B
Cultural C
All of the above D

Question # 6

When economic development takes place.

Market imperfections increase A
Population increses B
Capital stock increases C
All of the above D

Question # 7

Pakistan started its first five year plan in

1947 A
1950 B
1955 C
1960 D

Question # 8

Economic planning in Pakistan started

During 1950s A
During 1960s B
During 1970s C
During 1980s D

Question # 9

All labour is

Homogeneious A
Heterogenecous B
Lazy C
Intelligent D

Question # 10

Our exportw mainly counsist of.

Cotton Product A
Machinery B
Sports goods C
a and c above D

Question # 11

When economic development takes place

Market imperfections increase A
Population increases B
Capital stock increases C
B and C above D

Question # 12

When the country development

Per capita incoe rises A
Specialization increases B
Urbanization rises C
All of the above D

Question # 13

The highest govt body for economic planig is Pakistan is.

Planning Council A
Planning Board B
Planning commission C
Planning Department D

Question # 14

Which is likely to be higher in a developing country like Pakistan.

Birth Rate A
GDP per head B
Life expeciancy C
Net investment per head D

Question # 15

We can increase rate of economic growth in Pakistna if we icrease.

Investment A
Population B
Imports C
taxes D

Question # 16

Measurement of economic development is based on.

Monetary income A
Real Income B
Future income C
Permenent Income D

Question # 17

Medium term plan covers

Less than 2 years A
3 to 5 years B
5 to 10 years C
10 to 15 years D

Sr.#	Question	Answer
1	Medium term plan covers	A. Less than 2 years B. 3 to 5 years C. 5 to 10 years D. 10 to 15 years
2	We can increase rate of economic growth in Pakistna if we icrease.	A. Investment B. Population C. Imports D. taxes
3	Our exportw mainly counsist of.	A. Cotton Product B. Machinery C. Sports goods D. a and c above
4	The largest sector of Pakistan economy	A. Transport B. Agriculture C. Industry D. Trade
5	Which is likely to be higher in a developing country like Pakistan.	A. Birth Rate B. GDP per head C. Life expeciancy D. Net investment per head
6	Contribution of Industrial sector in Pakistan economy is.	A. 24% B. 24% C. 14% D. Less than 10%
7	The highest govt body for economic planig is Pakistan is.	A. Planning Council B. Planning Board C. Planning commission D. Planning Department
8	All labour is	A. Homogeneious B. Heterogenecous C. Lazy D. Intelligent
9	Pakistan needs	A. Economic planning B. Population Planning C. Educational Planning D. All of the above
10	Economic planning in Pakistan started	A. During 1950s B. During 1960s C. During 1970s D. During 1980s

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