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Online Tests
Principles of Economics Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
People do not care for environmetn problems because of.
Choose an answer
Lack of education
Fear of taxes
Proverty
a and c of the above
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Question # 2
Population Growth rate in Pakistan is
Choose an answer
0.9%
19%
2.9 %
3.9%
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Question # 3
Marginal propensity to consume MPC is.
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Total income spent on consumption
Ratio of additionalincome consumed
Ratio of total income consumed
Consumption divided by saving
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Question # 4
State bank was established in .
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1948
1950
1952
1954
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Question # 5
Who is unemployed
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House wife
College Student
Afreshly graduated engineer who is searching for a job
A peer who lives on gifts from murreds
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Question # 6
Which measure has the larger value .
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NNP
GNP
GDP
NI
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Question # 7
Central banks rate of lending to commercial banks is called.
Choose an answer
Money rate
Control rate
Intrested rate
Discount rate
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Question # 8
Oneof he following is NOT a feature of private finance.
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Balancing of incoem and expenditure
Secrecy
Publicity
Saving some part of income
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Question # 9
MPC is always.
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Positive
Negative
Zero
More then APC
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Question # 10
It can change money supply
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National Assembly
Supreme court
Government
State Bank
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Question # 11
Which statment is true
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NNP =GNP- Deprection
NNP =N1
NNP = DPI
NNP = GNP + Depreciation
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Question # 12
Contribution of industrial sector in Pakistan's GDP is.
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20%
30%
40%
50%
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Question # 13
There are stock exchange in Pakistan.
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1
3
4
5
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Question # 14
Contribution of agriculture in Pakistan's national income is
Choose an answer
19%
29%
39%
49%
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Question # 15
Velocity of circulation of money means.
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Total demand for money
Annual increase in currency notes
Number of timesa unit of money changes hands
total supoly of money
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Question # 16
IMF Means
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International Monetary Funds
Inernational Money Flow
International Money Forum
Internaional Monetary finance
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Question # 17
Under normal circumstances the velocity of circulation of money in a contry is.
Choose an answer
100%
negative
Less than 10
Zero
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Question # 18
The largest sector of Pakistan economy
Choose an answer
Transport
Agriculture
Industry
Trade
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Question # 19
They are NOT much affected by rising prices.
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Salaried persons
Business
Debtors
Importers
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Question # 20
Govt. transfer payment include
Choose an answer
Social security benefits
Welfare benefits
Student scholarships
All of the above
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Question # 21
It helps countries to meet deficit in balcne of payments.
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IMF
WTO
World Bank
UNO
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