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Online Tests
Economics Ics Part 2 English Medium Online Test MCQs With Answers
Question # 1
Convert money means.
Choose an answer
It can buy goods
Govt. give gold against
Illegal money
Low value money
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Question # 2
Standard of living of worker depends upon their
Choose an answer
Nominal wages
Real wages
Average product
Govt. Policy
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Question # 3
When economic development takes place.
Choose an answer
Market imperfections increase
Population increses
Capital stock increases
All of the above
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Question # 4
Which is a monetary measure to increase employment.
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Increase in govt expenditure
Reduce govt expenditure
Increase in interest rate
Reducing intrest rate
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Question # 5
It increses rae of capita formation
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Less saving
New Technology
Rapid Population growth
High Intrest
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Question # 6
Which statment is true
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NNP =GNP- Deprection
NNP =N1
NNP = DPI
NNP = GNP + Depreciation
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Question # 7
Measurement of economic development is based on.
Choose an answer
Monetary income
Real Income
Future income
Permenent Income
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Question # 8
Whenthe state bank wants be decrease money supply in the country it.
Choose an answer
Buys govt securities is stock market
Sells govt securities
Lowers siscount rate
B and C
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Question # 9
Which One is equation of exchange.
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PT = MV
PV = MT
PM = TV
None
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Question # 10
Investment spending included the purchase of.
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Lottery coupon
Prize Bond
Residential construction
all of the above
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Question # 11
The Government can colect funds from
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Taxes
Fees
Prices of public goods
All the three
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Question # 12
This is a characteristic of good money
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High intrinsic value
Liquidity
Attractive design
Easy to duplicate
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Question # 13
Market value of all final goods and services produced in a country during a year is definition
Choose an answer
GNP
NNP
NI
Consumption
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Question # 14
Short term loans can be obtained in.
Choose an answer
Money market
Capital market
Exchange market
Stock Market
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Question # 15
Central banks rate of lending to commercial banks is called.
Choose an answer
Money rate
Control rate
Intrested rate
Discount rate
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Question # 16
Speculative demand for money depends upon
Choose an answer
Income
Investment
Rate of Interest
Central bank
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Question # 17
Net investment is
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Gross investment minus household investment
Gross investment minus govt. investment
Gross investment minus capital consumption allowance
None of the above
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Question # 18
Credit money is created by
Choose an answer
Exchange bank
Commerical Bank
Finance companies
None of the above
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Question # 19
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 # 20
Acting as lender of last resort a central bank lends to.
Choose an answer
Commercial Bank
Stock exchange
Money markets
Does not lend
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Question # 21
The countribution of industrial section our GDP is.
Choose an answer
10%
20%
30%
40%
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