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
Consumption is a function of.
Choose an answer
Saving
Investment
Income
Expenditure
Previous
Skip
Next
Question # 2
It Japan and Pakistan start free trade differene in wges in two counties will
Choose an answer
Increase
Decrease
Double
No effect
Previous
Skip
Next
Question # 3
If CDA gets a loan from world bank for roads it willbe recorded in the balnce of payments in section.
Choose an answer
Capital account
Visible balance
Invisible balance
Offiicial financing
Previous
Skip
Next
Question # 4
Whis is the most widely used tool of monetary policy
Choose an answer
Open market operation
Clearing house
Discount rate
Issuing of the note
Previous
Skip
Next
Question # 5
Pursching power of money during defiation is.
Choose an answer
Increased
Reduced
Constant
Fluctuating
Previous
Skip
Next
Question # 6
Many People do not send their children to schools because of
Choose an answer
Their own illiteracy
Harsh teahers
Poverty
All of the above
Previous
Skip
Next
Question # 7
Cash can NOT be directly drawn fro a bank against
Choose an answer
Cross Cheque
Order cheque
Bearer cheque
Traveller cheque
Previous
Skip
Next
Question # 8
In foreign trde protection policy means.
Choose an answer
Restrictions on imports
Restrictions on exports
Restriction on transfer of foreign exchagne
All of the above
Previous
Skip
Next
Question # 9
PI is equivalent to
Choose an answer
DPI Minus personal taxes
DIP Plus unerned receipts
DPI Minus income earned but not received
NI plus unearned receipts minus personal taxes
Previous
Skip
Next
Question # 10
The goods which arw used directly by the people are called.
Choose an answer
Consumer goods
Capital good
Direct good
None
Previous
Skip
Next
Question # 11
Pakistan's domestic saving rate is
Choose an answer
2%
7%
17%
27%
Previous
Skip
Next
Question # 12
If indirect taxes are deducted from NNP and subsidies are added. we achieve
Choose an answer
Personla savings
DPI
National Income
Percapita inocme
Previous
Skip
Next
Question # 13
In the world population wise Pakistan is
Choose an answer
4th
5th
7th
10th
Previous
Skip
Next
Question # 14
Standard of living of worker depends upon their
Choose an answer
Nominal wages
Real wages
Average product
Govt. Policy
Previous
Skip
Next
Question # 15
A skilled worker is an example of.
Choose an answer
Scarcity
An entrepreneur
The labour input
a and c above
Previous
Skip
Next
Question # 16
The following is not a bank liability.
Choose an answer
Demand deposit
Time deposit
Loan
Saving Deposit
Previous
Skip
Next
Question # 17
A Triff
Choose an answer
Increase the volume trade
Reduces the volume of trade
Has no effect on volume of tradea
a and c above
Previous
Skip
Next
Question # 18
Forest in Pakistan are decreasing beacause.
Choose an answer
Populaton pressure
Poor consercation clanning
Climateic changes
All of the above
Previous
Skip
Next
Question # 19
In erms of national income accounts, multiple counting efers to.
Choose an answer
The addition to GNP of multiple units of a good
Counting cureently producedgoods more than once
The inclusion in GNP of gross spending and taxes
Counting both goods and services
Previous
Skip
Next
Question # 20
It is NOT an instrument of moneatry policy
Choose an answer
Discount Rate
Open market operation
Change in reserve ratio
Issue notes
Previous
Skip
Next
Question # 21
IMF Means
Choose an answer
International Monetary Funds
Inernational Money Flow
International Money Forum
Internaional Monetary finance
Previous
Skip
Next
Back