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Online Tests
Economics Ics Part 2 English Medium Online Test MCQs With Answers
Question # 1
Trade between two countries can be useful if cost ratios of goods are.
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Equal
Different
Undertimed
Decreasing
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Question # 2
Infrant mortality rate in Pakistanis.
Choose an answer
45
65
85
105
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Question # 3
Population Growth rate in Pakistan is
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0.9%
19%
2.9 %
3.9%
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Question # 4
Pakistan is not a memebr of
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IMF
ECO
OPEC
World Bank
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Question # 5
It is duducted from GNP to find NNP
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Saving
Direct taxes
Depreciatin allowance
Subsidies
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Question # 6
Contribution of agriculture in Pakistan's national income is
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19%
29%
39%
49%
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Question # 7
Forest in Pakistan are decreasing beacause.
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Populaton pressure
Poor consercation clanning
Climateic changes
All of the above
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Question # 8
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 # 9
People do not care for environmetn problems because of.
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Lack of education
Fear of taxes
Proverty
a and c of the above
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Question # 10
It is considred as transfer payments
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Salaries of govet emplyees
Bonus of bank employees
Inemployment allowance paid by govt
Free medical are to offers.
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Question # 11
Govt. taxatio and spending policieis are called.
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Fiscal policy
Monetary policy
Commercial policy
Finance policy
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Question # 12
Working population in Pakistan i in the ratio of total population
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1/3
1/2
1/4
1/5
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Question # 13
Demand deposit are
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Money
Bank note
Legal Money
Considered to near money
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Question # 14
Treasury bill is used for
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Getting short term loans by central bank
Getting long term loans
Collecting govt. taxes
Make payments of utility bills
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Question # 15
Productive of labour can be increases by
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Raising minimum wages
Raising avarege wages
Increaseing skills of workers
All of the above
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Question # 16
There are stock exchange in Pakistan.
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1
3
4
5
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Question # 17
The equation of exchange PT =MV was given by
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Fisher
Crowther
Kuznet
Keynes
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Question # 18
Market value of all final goods and services produced in a country during a year is definition
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GNP
NNP
NI
Consumption
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Question # 19
It is avoided to make correct estimate of national income.
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Free services
Double counting
Export earnings
All of the above
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Question # 20
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 # 21
In the equation MV =PY represents
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Money supply
Money Demand
Maximum output
Minimum Optput
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