12th Class Principles of Economics Chapter 1 Test

12th class I.Com Part 2 Principles of Economics chapter 1 Online MCQs test with answers for Principles of Economics


I.Com Part 2 Principles of Economics
Chapter 1 Test

Start Chapter 1 Test

I.Com Part 2 Principles of Economics Chapter Wise Test
(English Medium)

12th class I.Com Part 2 Principles of Economics chapter 1 Online MCQs test with answers for Principles of Economics

Sr. # Questions Answers Choice
1 If saving exceed investment then
  • A. National income rises
  • B. National income falls
  • C. National income is not affected
  • D. None of the above
2 GNP includes
  • A. A Loan from a bank
  • B. A loan from one's parents
  • C. A brokers commission
  • D. Gilfts and donations
3 Threre are methods of measurieng natinal income
  • A. 5
  • B. 4
  • C. 2
  • D. 3
4 GNP is always.
  • A. Less than NNP
  • B. Grether than NNP
  • C. Equal to NNP
  • D. Is found from NNP
5 The have a functional relation
  • A. Consumption and national income
  • B. Consumption and saving
  • C. Consumption and investment
  • D. All of the above
6 Total value of allfinal goods andservices produced annually by a country.
  • A. NNP
  • B. GNP
  • C. GDP
  • D. NI
7 It would increase the lvel of national income.
  • A. An increase in taxation
  • B. A reduction in governmnet spending
  • C. An increase in exports
  • D. Students scholarships
8 It is duducted from GNP to find NNP
  • A. Saving
  • B. Direct taxes
  • C. Depreciatin allowance
  • D. Subsidies
9 The goods which arw used directly by the people are called.
  • A. Consumer goods
  • B. Capital good
  • C. Direct good
  • D. None
10 Total value fo all final goods and services produced annually by a country.
  • A. NNP
  • B. GNP
  • C. GDP
  • D. NI

Chapterwise Lists

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