ICS Part 2 Economics English Medium Online Test With Answers

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ICS Part 2 Economics English Medium Online Test

Sr. # Questions Answers Choice
1 The natures of unemployment due to machanization of agriculture is Seasonal Structural Frictional Permanent
2 By 2018 Pakistan's total population reached approximately 180 million 210 million 240 million 270 million
3 In 2018 Pkistan's total population stands approximately at 11 cores 21 cores 31 cores 41 cores
4 Working population in Pakistan i in the ratio of total population 1/3 1/2 1/4 1/5
5 Unemployment rate in Pakisan is 6% 16% 20% More than 20%
6 Unemployment tkes place because of. High demand for labour High population growth rate More exports Higher education
7 Standard of living of worker depends upon their Nominal wages Real wages Average product Govt. Policy
8 Who is unemployed House wife College Student Afreshly graduated engineer who is searching for a job A peer who lives on gifts from murreds
9 In which form the larges percentage of national incomeis earned. Interest income Proprietor's income Elyees wages Rental income
10 Union leaders are in a better position to bargain for higher wages if labour demand is. Elastic Inelastic Very large Permanent
11 A skilled worker is an example of. Scarcity An entrepreneur The labour input a and c above
12 Labour includes The inventor The innovator The unskilled worker All of the above
13 Unemployment due to mechanizatin of agriculture is. Seasonal Structural Industrial Personal
14 Mobility of labour Increases efficiency of labour Spolic labour Incrresases division of labour a and c above
15 All labour is Homogeneious Heterogenecous Lazy Intelligent
16 Productive of labour can be increases by Raising minimum wages Raising avarege wages Increaseing skills of workers All of the above
17 According to Malthus Population increases by Pogression of kind Systematic Arithmetic Geometric Automatic
18 Pakistan Started its planning expence with Colombo plan Tokyo plan Karachi Plan London Plan
19 There are obstacles to rapid economic development of Pakistan Social Political Cultural All of the above
20 Medium term plan covers Less than 2 years 3 to 5 years 5 to 10 years 10 to 15 years
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