×
7th Chapter

12th Economics Chapter 7 Test

Here you can prepare 12th Economics English Medium Chapter 7 Public Finance Test. Click the button for 100% free full practice test.

2nd Year Economics Chapter 7 Online MCQ Test for 12th Class Economics Chapter 7 (Public Finance)

This online test contains MCQs about following topics:

. Public vs private finance, Public revenue, Tax and not tax revenue, Principles of taxation, Kinds of taxation, Direct and indirect, Progressive and proportional.

ICS Part 2 Economics Ch. 7 Test
ic

2nd Year Economics Chapter 7 Online MCQ Test for 12th Class Economics Chapter 7 (Public Finance)

Sr. # Questions Answers Choice
1 In foreign trde protection policy means.
  • A. Restrictions on imports
  • B. Restrictions on exports
  • C. Restriction on transfer of foreign exchagne
  • D. All of the above
2 Ric countries have deficit in their balance of payments
  • A. Some times
  • B. Never
  • C. Atternatee years
  • D. Always
3 Theory of omparative advantages was presented.
  • A. Ricardo
  • B. Adam Smith
  • C. Hicks
  • D. Arshad
4 Govt policy about exports and imports is called.
  • A. Monetary policy
  • B. Fiscal policy
  • C. Commercial Policy
  • D. Finance policy
5 Policy of Protecton in trade
  • A. Facilitates trade
  • B. Protects local producers
  • C. Protects foreign producers
  • D. Protects exporters
6 What would encorage trade betwene two countries.
  • A. Reduced tariffs
  • B. Quality control
  • C. Differente tax system
  • D. Fixing import quotes
7 Which of the following is international trade
  • A. Trade between provinces
  • B. Trade between countries
  • C. Trade betwene regions
  • D. Trade between continents
8 Pakistan is not a memebr of
  • A. IMF
  • B. ECO
  • C. OPEC
  • D. World Bank
9 What would encourage trade betwene two countries.
  • A. Different tax system
  • B. Frontier checks
  • C. National currencies
  • D. Reduce traiff
10 Foreign Trade are
  • A. Benefits developed countries
  • B. Benefits underdeveloped countires
  • C. Benefits all countries
  • D. Benefits democretive countries

Chapterwise Lists

Chapter Name Questions PDF File
Economics Ics Part 2 English Medium Chapter 1 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 1 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 2 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 2 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 3 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 3 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 4 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 4 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 5 Online Test 17 Questions
Economics Ics Part 2 English Medium Chapter 5 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 5 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 6 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 6 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 7 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 7 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 8 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 8 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 9 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 9 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 10 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 10 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 11 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 11 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 12 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 12 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 13 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 13 English Medium Online Test 10 Questions

Share your comments questions here
Sort By:
X

Sign in

to continue to ilmkidunya.com

inquiry-image

Free Admission Advice

Fill the form. Our admission consultants will call you with admission options.

X

Sign in

to continue to ilmkidunya.com

X

Sign in

to continue to ilmkidunya.com

X

Forgot Password

to continue to ilmkidunya.com

X

Register Type

Please Provide following information to Register

  • Student
  • Tutor
  • Consultant
  • Employer