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Online Tests
Economics Ics Part 2 English Medium Online Test MCQs With Answers
Question # 1
It is included in kind of money
Choose an answer
Legal money
Credit money
Taken money
All of the above
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Question # 2
If saving exceed investment then
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National income rises
National income falls
National income is not affected
None of the above
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Question # 3
It is not a facor of economic development
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Money
Land
Capital
Technology
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Question # 4
Which of the followign tax is best example of ability to pay principle of taxes
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excise tax on cigratettes
Highway tolltax
Personal income tax
Proportional sales tax
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Question # 5
Monetary pollicy has the objective
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Decrease unemployment rate
Decrease tax rate
Decreases inflation rate
a and c of the above
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Question # 6
Which type of cheque is more safe for transfer of money
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Cross cheque
Order cheque
Traveller cheque
Bearer cheque
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Question # 7
Credit money is controlled by
Choose an answer
Central bank
Market forces
Commercial Bank
Government
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Question # 8
It can change money supply
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National Assembly
Supreme court
Government
State Bank
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Question # 9
Quantity of oney has relation with alue of money
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Direct
Indirect
Inverse
No relation
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Question # 10
Profit and losss sharing is basis of finance under this system.
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Islamic
Capitalistic
Socialistic
None
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Question # 11
Working population in Pakistan i in the ratio of total population
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1/3
1/2
1/4
1/5
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Question # 12
The bank established for loans to very small enterprises is called.
Choose an answer
Micro Finance Bank
Modarba Bank
SME bank
Firs Mini Bank
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Question # 13
In 2018 Pkistan's total population stands approximately at
Choose an answer
11 cores
21 cores
31 cores
41 cores
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Question # 14
We can increase rate of economic growth in Pakistna if we icrease.
Choose an answer
Investment
Population
Imports
taxes
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Question # 15
Which is not a Function of money
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Make demand and supply equal
Medium of exchange
Store of value
Meaasure of value
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Question # 16
When a commercial bank creaes credite. Its immediate effect is tha tit raises.
Choose an answer
The exchange rate
The money supply
The interest rate
The real national income
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Question # 17
If C = 200 and I = 40 then Y will equal
Choose an answer
160
240
8000
None of the above
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Question # 18
Macroeconomics is concerned with.
Choose an answer
Aggregate economic activity
Spending decisions of households
Hod to produce goods
How tobuy stocks and bonds
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Question # 19
Demand deposit are
Choose an answer
Money
Bank note
Legal Money
Considered to near money
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Question # 20
Speculative demand for money depends upon
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Income
Investment
Rate of Interest
Central bank
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