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Online Tests
Economics Ics Part 2 English Medium Online Test MCQs With Answers
Question # 1
If money supply in a country decreses
Choose an answer
Price will rise
Price will fall
Rate of intrese falls
B and C of above
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Question # 2
Unemployment tkes place because of.
Choose an answer
High demand for labour
High population growth rate
More exports
Higher education
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Question # 3
We can increase rate of economic growth in Pakistna if we icrease.
Choose an answer
Investment
Population
Imports
taxes
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Question # 4
Which is considered liablility by a bank
Choose an answer
Loans
Bank building and equipment
Time deposit
Securities
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Question # 5
The have a functional relation
Choose an answer
Consumption and national income
Consumption and saving
Consumption and investment
All of the above
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Question # 6
The most important source of income of a goernemnt is.
Choose an answer
Foreign loans
Taxes
Printing of new money
Sale of governemnt property
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Question # 7
Which source a private company cannot use?
Choose an answer
A Bank loan
Tax
Selling new shares in stock exchange
Detail finance
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Question # 8
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
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Question # 9
Our exportw mainly counsist of.
Choose an answer
Cotton Product
Machinery
Sports goods
a and c above
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Question # 10
Flxible exchange rate sytem has the advantage.
Choose an answer
Automatic adjustment of balcne of payments
Easy to borrow form world bank
Encouragds exports
None of the above
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Question # 11
Under normal circumstances the velocity of circulation of money in a contry is.
Choose an answer
100%
negative
Less than 10
Zero
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Question # 12
MPC is always.
Choose an answer
Positive
Negative
Zero
More then APC
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Question # 13
Mobility of labour
Choose an answer
Increases efficiency of labour
Spolic labour
Incrresases division of labour
a and c above
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Question # 14
Environment includes.
Choose an answer
Ecosystem
Wildlife
Forests
All of the above
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Question # 15
A country does not trade with othr contries is called an economy
Choose an answer
Open
Closed
Independent
None
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Question # 16
Govt.taxing and spending policies are called.
Choose an answer
Fiscal policy
Public policy
Monetary Policy
Economic policy
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Question # 17
National Bank is.
Choose an answer
Public Sector bank
Private Bank
Microfianace bank
Specialised bank
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Question # 18
According to Keynesmotives for holding money are.
Choose an answer
Two
Three
Four
Five
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Question # 19
Speculative demand for money depends upon
Choose an answer
Income
Investment
Rate of Interest
Central bank
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Question # 20
Who is unemployed
Choose an answer
House wife
College Student
Afreshly graduated engineer who is searching for a job
A peer who lives on gifts from murreds
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Question # 21
The Government can colect funds from
Choose an answer
Taxes
Fees
Prices of public goods
All the three
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