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Online Tests
Icom Part 2 Principles of Economics Chapter 11 English Medium Online Test MCQs With Answers
Question # 1
Which is likely to be higher in a developing country like Pakistan.
Choose an answer
Birth Rate
GDP per head
Life expeciancy
Net investment per head
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Question # 2
Economic Development
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Is the same as economic growth
Means improvement in lifestyle
Exists when there is equal distributio of income
All of the above
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Question # 3
When the country development
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Per capita incoe rises
Specialization increases
Urbanization rises
All of the above
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Question # 4
Economic planning in Pakistan started
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During 1950s
During 1960s
During 1970s
During 1980s
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Question # 5
Pakistan is an economy
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Developing
Developed
Fast growing economy
a and c above
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Question # 6
Our exportw mainly counsist of.
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Cotton Product
Machinery
Sports goods
a and c above
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Question # 7
All labour is
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Homogeneious
Heterogenecous
Lazy
Intelligent
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Question # 8
When economic development takes place
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Market imperfections increase
Population increases
Capital stock increases
B and C above
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Question # 9
Contribution of agriculture in Pakistan's national income is
Choose an answer
19%
29%
39%
49%
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Question # 10
We can increase rate of economic growth in Pakistna if we icrease.
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Investment
Population
Imports
taxes
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