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Online Tests
Economics Ics Part 2 English Medium Online Test MCQs With Answers
Question # 1
Visible imports include.
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Remittance
Machinery
Computer Software
Transport cost
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Question # 2
Value of circulation money means by number of times a unit of money
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Change hands daily
Change hand annually
change hands montly
Change purchacing power
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Question # 3
Commercial banks are able to create money by
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Making loans
Printing Money
Moral suasion Selling government loans
Printing money
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Question # 4
Open Market Operations is
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Buying and selling govt securities
Buying and selling shares of companies
Buying and selling bills of exchange
Buying and selling foreign exchange
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Question # 5
Credit money is created by
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Exchange bank
Commerical Bank
Finance companies
None of the above
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Question # 6
Which one is per capita income is
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Per worker income
Per person Income
Per family income
Per Industtrial unit income
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Question # 7
Whom of the followng propounded principles of taxation
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Keynes
Adam Smith
Marshall
Ghazali
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Question # 8
In equilibrium of nationalincome.
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S > I
S = I
S < I
All are true
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Question # 9
The largest share in Pakistan's GNP is that of.
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Services
Industry
Agriculture
Banking
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Question # 10
The most importnat fature of money
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General acceptability
Store of value
Covertibility into gold
Medium of exchange
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Question # 11
Credit money is created by
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Central bank
Commercial Bank
Government
All of the above
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Question # 12
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 # 13
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 # 14
The step will increse saving in Pakistan
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Increase in taxes
Decrease in taxes
increasein population
Increase imports
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Question # 15
Environment includes.
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Ecosystem
Wildlife
Forests
All of the above
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Question # 16
Whis is the most widely used tool of monetary policy
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Open market operation
Clearing house
Discount rate
Issuing of the note
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Question # 17
The largest type fo in come in the Pakistan is
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Compensation of employees
Propretors income
Rental income
Corporate profits
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Question # 18
Central Bank rate lending to commercial banks is called.
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Discount rate
Money rate
Control Rate
Interest rate
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Question # 19
The most important source of income of a goernemnt is.
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Foreign loans
Taxes
Printing of new money
Sale of governemnt property
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Question # 20
Which of the following is international trade
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Trade between provinces
Trade between countries
Trade betwene regions
Trade between continents
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Question # 21
Medium term plan covers
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Less than 2 years
3 to 5 years
5 to 10 years
10 to 15 years
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