More Classes
5th Class
6th Class
7th Class
8th Class
9th Class
10th Class
11th Class
12th Class
NAT I
NAT II
CSS
IQ
General Knowledge
MDCAT
ECAT
GAT General
GAT Subject
Other Links
Go to Home
Online Tests
Economics Ics Part 2 English Medium Online Test MCQs With Answers
Question # 1
Oneof he following is NOT a feature of private finance.
Choose an answer
Balancing of incoem and expenditure
Secrecy
Publicity
Saving some part of income
Previous
Skip
Next
Question # 2
Infrant mortality rate in Pakistanis.
Choose an answer
45
65
85
105
Previous
Skip
Next
Question # 3
Country is poor if it has.
Choose an answer
Less production of gods per capita
Less amount of gold
Less amout of foreign currency
Less exports
Previous
Skip
Next
Question # 4
If you borrow from a bak the amount which the bank charges is called.
Choose an answer
Interest rate
tax rate
discount rate
Market rate
Previous
Skip
Next
Question # 5
Balance sheet of a bank has two parts
Choose an answer
Supply and demand for deposits
Supply and demand of Advances
Assests and liablilities
Cash Reserves and loans
Previous
Skip
Next
Question # 6
If we put this letter in the blank space we get quantity theory of money PY =M
Choose an answer
S
T
V
A
Previous
Skip
Next
Question # 7
Market value of all final goods and services produced in a country during a year is definition
Choose an answer
GNP
NNP
NI
Consumption
Previous
Skip
Next
Question # 8
Govt. transfer payment include
Choose an answer
Social security benefits
Welfare benefits
Student scholarships
All of the above
Previous
Skip
Next
Question # 9
In Pakistan money a account is
Choose an answer
Paisa
Rupee
Gold
Dollar
Previous
Skip
Next
Question # 10
Working population is percent of total population of Pakistan.
Choose an answer
23%
33%
43%
53%
Previous
Skip
Next
Question # 11
Which is the charactertistic of good money
Choose an answer
Has good design
Has high value
Has a fixed value in gold
Is readily accepted by people
Previous
Skip
Next
Question # 12
Average growth rate of Pakistan's national income in past five years have been
Choose an answer
3%
13%
23%
33%
Previous
Skip
Next
Question # 13
Which is a monetary measure to increase employment.
Choose an answer
Increase in govt expenditure
Reduce govt expenditure
Increase in interest rate
Reducing intrest rate
Previous
Skip
Next
Question # 14
Which type of card is not issued by central banks
Choose an answer
Credi card
Debit card
ATM Card
None is issued by it
Previous
Skip
Next
Question # 15
Govt.taxing and spending policies are called.
Choose an answer
Fiscal policy
Public policy
Monetary Policy
Economic policy
Previous
Skip
Next
Question # 16
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
Previous
Skip
Next
Question # 17
Every country establishes central bank to
Choose an answer
Issue currency
To establish commercial bank
Toprepare governemnt budget
All of the of above
Previous
Skip
Next
Question # 18
According to Keynesmotives for holding money are.
Choose an answer
Two
Three
Four
Five
Previous
Skip
Next
Question # 19
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
Previous
Skip
Next
Question # 20
Nationalisation of banks was done in
Choose an answer
1974
1976
1978
1980
Previous
Skip
Next
Question # 21
Barter means.
Choose an answer
Trade through metallic money only
Trade of goods ony excluding services
Trade without use of money
Trade of low value goods only
Previous
Skip
Next
Back