ICS Part 2 Economics English Medium Chapter 5 Short Questions with Answers

Online Short Questions For Chapter 5 "ICS Part 2 Economics English Medium Chapter 5 Online Short Questions Test "

Try The Short Questions For ICS Part 2 Economics English Medium Chapter 5 Online Short Questions Test

  • Total Questions10

  • Available Sets4

Economics - ICS Part 2 Economics English Medium Chapter 5 Online Short Questions Test

Question # 1

Write four causes of deficit balance of payments of country.

  • Ans 1: 1- Decrease in exports.
  • Ans 2: 2- Increase in imports
  • Ans 3: 3- inflation
  • Ans 4: 4- Unfavourable terms of trade
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Prepare Complete Set Wise Questions For Chapter 5 "ICS Part 2 Economics English Medium Chapter 5 Online Short Questions Test "

ICS Part 2 Economics English Medium Chapter 5 Online Short Questions Test - Set 1

Question # 1

Write four causes of deficit balance of payments of country.

  • Ans 1: 1- Decrease in exports.
  • Ans 2: 2- Increase in imports
  • Ans 3: 3- inflation
  • Ans 4: 4- Unfavourable terms of trade
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ICS Part 2 Economics English Medium Chapter 5 Online Short Questions Test - Set 2

Question # 1

Who did present classicial theory of international trade.

  • Ans 1: Classical theory of international trade was presented by Prof.Adam Smith and Richardo.
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ICS Part 2 Economics English Medium Chapter 5 Online Short Questions Test - Set 3

Question # 1

When is balanc eof payment surplus.

  • Ans 1: Balance of payment is surplus when current account is surplus
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ICS Part 2 Economics English Medium Chapter 5 Online Short Questions Test - Set 4

Question # 1

What is meant by invisile goods.

  • Ans 1: Invisible goods are teh goods which cna neither the scene nor felt are invidible goods for example. Service of persons working abroad, Services of banks insurance companies working in other countries etc.
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5th Chapter

ICS Part 2 Economics Chapter 5 Test

Here you can prepare 12th Economics English Medium Chapter 5 Test. Click the button for 100% free full practice test.

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