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

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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 Which is a flow concept.
  • A. Number of my shirts
  • B. My montly income
  • C. My total wealth
  • D. Money Supply
2 We measure natonalincome by this method.
  • A. Expenditure method
  • B. Income method
  • C. Product method
  • D. As of the above
3 Total value fo all final goods and services produced annually by a country.
  • A. NNP
  • B. GNP
  • C. GDP
  • D. NI
4 It is transfer payment
  • A. Payment o college tuition
  • B. A social securiy payment
  • C. Payment for a leased car
  • D. Intrest paid for a bank loan
5 Transfer payments include.
  • A. Daily wages, pensions
  • B. Pensions Zakat
  • C. Taxes, pocket money
  • D. Zakat , taxes
6 It is not included in estimation of national incoe
  • A. Illegal income
  • B. Services of house wife
  • C. Imports
  • D. All are not included
7 Undisributed proits are considered.
  • A. Income enrned but not received
  • B. Income eearned and received
  • C. Income received but not earned
  • D. None of the above
8 Investment spending included the purchase of.
  • A. Lottery coupon
  • B. Prize Bond
  • C. Residential construction
  • D. all of the above
9 The largest part of national income goes to
  • A. Consumption
  • B. Investment
  • C. Saving
  • D. Transfer payment
10 Which of the following would NOT be included in GNP
  • A. Govt. Transfer payments
  • B. Got. Purchase of an air plane
  • C. Payment for construction of highway
  • D. Salary paid for the presidents secretary

Chapterwise Lists

Chapter Name Questions PDF File
Economics Ics Part 2 English Medium Chapter 1 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 1 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 2 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 2 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 3 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 3 English Medium Online Test 10 Questions
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Icom Part 2 Principles of Economics Chapter 4 English Medium Online Test 10 Questions
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Economics Ics Part 2 English Medium Chapter 5 Online Test 17 Questions
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Icom Part 2 Principles of Economics Chapter 6 English Medium Online Test 10 Questions
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Icom Part 2 Principles of Economics Chapter 7 English Medium Online Test 10 Questions
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Icom Part 2 Principles of Economics Chapter 8 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 9 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 9 English Medium Online Test 10 Questions
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Icom Part 2 Principles of Economics Chapter 10 English Medium Online Test 10 Questions
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Icom Part 2 Principles of Economics Chapter 11 English Medium Online Test 10 Questions
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Economics Ics Part 2 English Medium Chapter 13 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 13 English Medium Online Test 10 Questions

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