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Online Tests
Economics Ics Part 2 English Medium Online Test MCQs With Answers
Question # 1
In GNP of pakistan rises. It will encourage
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Exports
Imports
Both
None
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Question # 2
It Japan and Pakistan start free trade differene in wges in two counties will
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Increase
Decrease
Double
No effect
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Question # 3
The step will increse saving in Pakistan
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Increase in taxes
Decrease in taxes
increasein population
Increase imports
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Question # 4
It is considred as transfer payments
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Salaries of govet emplyees
Bonus of bank employees
Inemployment allowance paid by govt
Free medical are to offers.
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Question # 5
It is duducted from GNP to find NNP
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Saving
Direct taxes
Depreciatin allowance
Subsidies
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Question # 6
Commercial banks accept deposits and provide
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Money
Loans
Bill of exchange
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Question # 7
Value of money and supply of money are related.
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Inversely
Directly
Govt.Law
Are not related
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Question # 8
Speculative demand for money depends upon
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Income
Investment
Rate of Interest
Central bank
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Question # 9
Theory of omparative advantages was presented.
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Ricardo
Adam Smith
Hicks
Arshad
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Question # 10
This will cause decrease in natioal income.
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Rise in exports
Rise in saving
Increas in taxese
B and C above
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Question # 11
It is the medium of exchange
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Black money
Currency
Near money
Foreign exchange
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Question # 12
Which statemetn is true of the relationship betwene bond prices and bond yields.
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They very invesrsely
They are not related
They tool very directly
They are related in long run and not in the short run
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Question # 13
Pakistan is not a memebr of
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IMF
ECO
OPEC
World Bank
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Question # 14
Visible imports include.
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Remittance
Machinery
Computer Software
Transport cost
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Question # 15
Corporae tax is levied on
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Landdlords
Inporters
Big companies
Municipal corporations
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Question # 16
It is NOT an instrument of monetary policy
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Bank rate
Open market operations
Change in resere rato
Issure notes
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Question # 17
Acting as lender of last resort a cenral bank lend to.
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Money market
Stock exchange
Commercial Bank
Does not lend
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Question # 18
Which is a function of commercial bank
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Acting as a govt. banker
Fixing the exchange rate
Making loans
Issueing bank notes
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Question # 19
National income equals.
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c+ I+g
c-i-g
c-s-g
c+s+g
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Question # 20
Whcih type of card is not issued by commmercial banks
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Credit card
Green card
ATM Card
Debit card
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Question # 21
This is a characeristics of good money
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High intricnsic value
General acceptability
Atractive design
Easy of duplicate
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