Question # 1

Which of the following is a withdrawal from the circular flow of income stream.

Choose an answer

Taxation

Consumption

Subsides

Investment

Which of the following would increase national income.

Choose an answer

Increase in taxation

incerese in savings

Increase in govt spending

Decrease in consumption spending

When the nations money supply is Rs. 1200 million and GDP is Rs. 4800 billion. velocity of circulation money is.

Choose an answer

0.25

4

0.4

Billion Rupees

The most important source of income of a goernemnt is.

Choose an answer

Foreign loans

Taxes

Printing of new money

Sale of governemnt property

Nationalisation of banks was done in

Choose an answer

1974

1976

1978

1980

Net Exports are

Choose an answer

Total Exports plus total imports

Total exports minus total imports

Total exports divided by total imports

Total imports minus total exports

It is considred as transfer payments

Choose an answer

Salaries of govet emplyees

Bonus of bank employees

Inemployment allowance paid by govt

Free medical are to offers.

Which measure has the larger value .

Choose an answer

NNP

GNP

GDP

NI

Which of the following would NOT be included in GNP

Choose an answer

Govt. Transfer payments

Got. Purchase of an air plane

Payment for construction of highway

Salary paid for the presidents secretary

Prograssive taxes

Choose an answer

Are harmful for the economy

Bring equality in distributio of income

Compel rich people to be honest

Decrease evasion of taxes

Demand deposite mean

Choose an answer

Saving account

Chequeable deposits

Profit loss account

Time deposits

The lower literacy rate in females is due to.

Choose an answer

Lack of access to educational institutions

Parental ignorance

Discriminatory socialnorms

all of the above

Labour includes

Choose an answer

The inventor

The innovator

The unskilled worker

All of the above

All labour is

Choose an answer

Homogeneious

Heterogenecous

Lazy

Intelligent

What would encorage trade betwene two countries.

Choose an answer

Reduced tariffs

Quality control

Differente tax system

Fixing import quotes

The largest share in Pakistan's GNP is that of.

Choose an answer

Services

Industry

Agriculture

Banking

Unemployment tkes place because of.

Choose an answer

High demand for labour

High population growth rate

More exports

Higher education

Out following the only recognised legal tender is

Choose an answer

Cheque

Currency notes and coins

Notes and cheques

Credit card

It Japan and Pakistan start free trade differene in wges in two counties will

Choose an answer

Increase

Decrease

Double

No effect

Macroeconomics is concerned with.

Choose an answer

Aggregate economic activity

Spending decisions of households

Hod to produce goods

How tobuy stocks and bonds

Treasury bill is used for

Choose an answer

Getting short term loans by central bank

Getting long term loans

Collecting govt. taxes

Make payments of utility bills

More Classes

Other Links

Principles of Economics Icom Part 2 English Medium Online Test MCQs With Answers

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer