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Online Tests
Principles of Economics Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
State bank was established in .
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1948
1950
1952
1954
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Question # 2
In which form the larges percentage of national incomeis earned.
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Interest income
Proprietor's income
Elyees wages
Rental income
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Question # 3
Central Bank rate lending to commercial banks is called.
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Discount rate
Money rate
Control Rate
Interest rate
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Question # 4
Environment includes.
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Ecosystem
Wildlife
Forests
All of the above
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Question # 5
National Bank of Pakistan was established in
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1949
1959
1960
1979
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Question # 6
It is not a facor of economic development
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Money
Land
Capital
Technology
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Question # 7
It is transfer payment
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Payment o college tuition
A social securiy payment
Payment for a leased car
Intrest paid for a bank loan
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Question # 8
In the world population wise Pakistan is
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4th
5th
7th
10th
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Question # 9
It can change money supply
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National Assembly
Supreme court
Government
State Bank
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Question # 10
Which is the charactertistic of good money
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Has good design
Has high value
Has a fixed value in gold
Is readily accepted by people
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Question # 11
Which one is investment in economics
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Building a factory
Buyig shares in stock exchange
Depositing money in bank
Deposting money wiht housing society
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Question # 12
Credit money is controlled by
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Central bank
Market forces
Commercial Bank
Government
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Question # 13
Union leaders are in a better position to bargain for higher wages if labour demand is.
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Elastic
Inelastic
Very large
Permanent
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Question # 14
According to Keynesmotives for holding money are.
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Two
Three
Four
Five
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Question # 15
When National income is estimated by expenditue method we include.
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All govt expenditure
All houseolds expenditure
All of the above
All expenditure of the business sector
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Question # 16
According to Malthus Population increases by Pogression of kind
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Systematic
Arithmetic
Geometric
Automatic
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Question # 17
There are stock exchange in Pakistan.
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1
3
4
5
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Question # 18
Foreign Trade
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Increses employment opportunites
Increases international mobility of labour
Increases competition
All of the above
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Question # 19
State Bank policy of regulating intrst rate is called.
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Monetary policy
Commerical policy
Banking policy
Fiscal policy
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Question # 20
Which type of card is not issued by central banks
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Credi card
Debit card
ATM Card
None is issued by it
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Question # 21
International trade and domestic trade fiffer because of.
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Trade restrictions
Immobility of factors
Difference govt Policy
All of the above
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