8th Chapter

ICS Part 2 Economics English Medium Chapter 8 Test

2nd Year Economics Chapter 8 Online MCQ Test for 12th Class Economics Chapter 8 (International Trade)

ICS Part 2 Economics English Medium Chapter 8 Test

Start Chapter 8 Test

2nd Year Economics Chapter 8 Online MCQ Test for 12th Class Economics Chapter 8 (International Trade)

Sr. # Questions Answers Choice
1 Visible goods are recorded int his part of balance of payments account
  • A. Current account
  • B. Capital account
  • C. Govt account
  • D. Official Account
2 Final balance of the payment of a country is
  • A. Always balance
  • B. Always dificit
  • C. Always surplus
  • D. Flucluates
3 Balance of payment of a country has major parts.
  • A. 2
  • B. 3
  • C. 4
  • D. 5
4 Invisible items in balce of payments include.
  • A. Foreign remittances
  • B. Income from tourism
  • C. Internet charges
  • D. All the three
5 Which of the following compares everage pricw of exports to avarage Price of imports.
  • A. Balance of payments
  • B. Balance of trade
  • C. Terms of trade
  • D. Exchange of rate
6 Exchange rate for currencies is determined by supply and demand in system of.
  • A. Fixed exchange
  • B. flexible
  • C. Constatn
  • D. Regulated
7 If CDA gets a loan from world bank for roads it willbe recorded in the balnce of payments in section.
  • A. Capital account
  • B. Visible balance
  • C. Invisible balance
  • D. Offiicial financing
8 Visible imports include.
  • A. Remittance
  • B. Machinery
  • C. Computer Software
  • D. Transport cost
9 Flxible exchange rate sytem has the advantage.
  • A. Automatic adjustment of balcne of payments
  • B. Easy to borrow form world bank
  • C. Encouragds exports
  • D. None of the above
10 If TOYOTA Company estalishes a factory in Pakistan this will be recorded in balance of payments in the section.
  • A. Capital account
  • B. Visible balnce
  • C. Invisible balnce
  • D. Official financing

Top Scorers of ICS Part 2 Economics English Medium Chapter 8 Online Test

M

Muhammad Hassan

Lahore26 - Apr - 2025

17/17
01 Mins 12 Sec
T

Tomboy Tomboy

Lahore09 - Apr - 2025

16/17
02 Mins 03 Sec
M

Muhammad Hassan

Lahore29 - Apr - 2025

15/17
01 Mins 56 Sec
M

Muhammad Hassan

Lahore26 - Apr - 2025

14/17
02 Mins 36 Sec

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