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Online Tests
Principles of Economics Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
Govt. taxatio and spending policieis are called.
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Fiscal policy
Monetary policy
Commercial policy
Finance policy
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Question # 2
We can increase rate of economic growth in Pakistna if we icrease.
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Investment
Population
Imports
taxes
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Question # 3
Commercial banks are able to create money by
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Making loans
Printing Money
Moral suasion Selling government loans
Printing money
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Question # 4
Convert money means.
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It can buy goods
Govt. give gold against
Illegal money
Low value money
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Question # 5
An asset is liquid when it is
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Being traded frequnetly
Earning a good rate of return
Is money or easily converted into money
All of the above
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Question # 6
Foreign Trade are
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Benefits developed countries
Benefits underdeveloped countires
Benefits all countries
Benefits democretive countries
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Question # 7
Value of money means
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General purchasing power of money
Gold purchased by money
Demand for money
Importance of money
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Question # 8
In Pakistan Income tax is
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Progressive tax
Regressive tax
Proportional tax
Fixed tax
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Question # 9
National Bank of Pakistan is
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Industrial Bank
Commercial Bank
Central Bank
Investment Bank
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Question # 10
Which measure has the larger value .
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NNP
GNP
GDP
NI
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Question # 11
Infrant mortality rate in Pakistanis.
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45
65
85
105
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Question # 12
Balance of payments of country includes.
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Current account
Monetry Account
Capital Account
All of the above
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Question # 13
National Income is.
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Total Income earned in producing the national product
All taxes plus govt. spending
Sum of personal income and saving
NNP minus the capital consumption allowance
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Question # 14
Pakistan needs
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Economic planning
Population Planning
Educational Planning
All of the above
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Question # 15
It is counted in GDP
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Sale price of an old car
A TV set produced this year but not sold
Purchase of 100 shares of PSO
The leisure people consume
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Question # 16
Which is a monetary measure to increase employment.
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Increase in govt expenditure
Reduce govt expenditure
Increase in interest rate
Reducing intrest rate
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Question # 17
Bank Prepare their balace sheet.
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Weekly
Monthly
Quarterly
Annualy
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Question # 18
The lower literacy rate in females is due to.
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Lack of access to educational institutions
Parental ignorance
Discriminatory socialnorms
all of the above
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Question # 19
Pakistan Started its planning expence with
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Colombo plan
Tokyo plan
Karachi Plan
London Plan
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Question # 20
Drung inflation
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Lenders lose borrowers gain
Borrowers and lenders both ose
Borrows lose lenders gain
All sections of the society gain
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Question # 21
Policy of Protecton in trade
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Facilitates trade
Protects local producers
Protects foreign producers
Protects exporters
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