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 Exchange rate for currencies is determined by supply and demand in system of.
  • A. Fixed exchange
  • B. flexible
  • C. Constatn
  • D. Regulated
2 IMF Means
  • A. International Monetary Funds
  • B. Inernational Money Flow
  • C. International Money Forum
  • D. Internaional Monetary finance
3 Balance of payments of country includes.
  • A. Current account
  • B. Monetry Account
  • C. Capital Account
  • D. All of the above
4 Balance of payment of a country has major parts.
  • A. 2
  • B. 3
  • C. 4
  • D. 5
5 Pakistan exports as percentage GDP are.
  • A. 4%
  • B. 8%
  • C. 12%
  • D. 16%
6 Invisible items in balce of payments include.
  • A. Foreign remittances
  • B. Income from tourism
  • C. Internet charges
  • D. All the three
7 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
8 Visible goods are recorded int his part of balance of payments account
  • A. Current account
  • B. Capital account
  • C. Govt account
  • D. Official Account
9 IMF has given loan to Pakistan. It wilimprove Pakistan's
  • A. Current account
  • B. Capital Account
  • C. Overall balance of payments
  • D. B and c above
10 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

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

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