Question # 1

Which measure has the larger value .

Choose an answer

NNP

GNP

GDP

NI

Which is a flow concept.

Choose an answer

Number of my shirts

My montly income

My total wealth

Money Supply

It creates credit

Choose an answer

Central Bank

Commercial Bank

Government

Stock exchange

Whcih organisation controls the banking system to most countries.

Choose an answer

Central Bank

Commercial bank

Investment bankWorld bank

It would increase the lvel of national income.

Choose an answer

An increase in taxation

A reduction in governmnet spending

An increase in exports

Students scholarships

This is a difficulty of barter

Choose an answer

Lack of double coincidence of wants

Diffculty to produce goods at larger scale

Lack of divisiblility of many goods

All of the above

National income equals.

Choose an answer

c+ I+g

c-i-g

c-s-g

c+s+g

Pakistan started its first five year plan in

Choose an answer

1947

1950

1955

1960

Exchange rate for currencies is determined by supply and demand in system of.

Choose an answer

Fixed exchange

flexible

Constatn

Regulated

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

It is counted in GDP

Choose an answer

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

In Pakistan money a account is

Choose an answer

Paisa

Rupee

Gold

Dollar

If C= 200 and I= 40 Than Y will equal

Choose an answer

160

240

200

8000

The four factor payments are.

Choose an answer

Money, Capital, salaries, and income

Wages, rent internest and profts

Money, power, Prices, and wwalth

Wags, intrest, salareis,andtaxes.

Whenthe state bank wants be decrease money supply in the country it.

Choose an answer

Buys govt securities is stock market

Sells govt securities

Lowers siscount rate

B and C

The percentage of our labour force workign in agricultureis.

Choose an answer

13%

24%

33%

43%

Visible exports include

Choose an answer

Remittance

Computer Hardware

Computer software

Transport cost

Net investment is

Choose an answer

Gross investment minus household investment

Gross investment minus govt. investment

Gross investment minus capital consumption allowance

None of the above

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

Pakistan is not a memebr of

Choose an answer

IMF

ECO

OPEC

World Bank

Value of money in pakistan in determined by

Choose an answer

Govt of Pakistan

General Price Level

State Bank Pakistan

Value of Dollar

More Classes

Other Links

Economics Ics 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