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Online Tests
Economics Ics Part 2 English Medium Online Test MCQs With Answers
Question # 1
Cross cheque has a cross sign in the
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Right side upper comer
Right side lowr comer
It does not have cross sign
Left side upper corner
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Question # 2
Net Exports are
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Total Exports plus total imports
Total exports minus total imports
Total exports divided by total imports
Total imports minus total exports
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Question # 3
When the country development
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Per capita incoe rises
Specialization increases
Urbanization rises
All of the above
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Question # 4
Unemployment due to mechanizatin of agriculture is.
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Seasonal
Structural
Industrial
Personal
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Question # 5
The have a functional relation
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Consumption and national income
Consumption and saving
Consumption and investment
All of the above
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Question # 6
State Bank policy of regulating intrst rate is called.
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Monetary policy
Commerical policy
Banking policy
Fiscal policy
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Question # 7
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 # 8
Cheque is
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Legal Money
Credit money
Paper money
Not money
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Question # 9
The share of 20% of population which forms the lowest income group gets share of Pakistan's national income as.
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6%
9%
12%
15%
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Question # 10
In 2018 Pkistan's total population stands approximately at
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11 cores
21 cores
31 cores
41 cores
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Question # 11
Whcih organisation controls the banking system to most countries.
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Central Bank
Commercial bank
Investment bankWorld bank
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Question # 12
The largest type of income in the Pakistan is
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Compensation of employees
Rental income
Proprietors income
Coporate profits
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Question # 13
Foreign Trade
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Increses employment opportunites
Increases international mobility of labour
Increases competition
All of the above
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Question # 14
It is direct tax
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Excise tax
Sales tax
Income tax
Custom duty
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Question # 15
They are NOT much affected by rising prices.
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Salaried persons
Business
Debtors
Importers
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Question # 16
Visible exports include
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Remittance
Computer Hardware
Computer software
Transport cost
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Question # 17
In the equation MV =Py. V represents
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Value of money
Velocity of circulation of money
Variation of nation income
All of the above
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Question # 18
Total number of branches of Pakistani banks is approximately
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5000
10000
15000
20000
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Question # 19
Life expectency in Pakistan is
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57
67
77
87
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Question # 20
The natures of unemployment due to machanization of agriculture is
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Seasonal
Structural
Frictional
Permanent
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Question # 21
When economic development takes place.
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Market imperfections increase
Population increses
Capital stock increases
All of the above
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