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Online Tests
Icom Part 2 Principles of Economics Chapter 11 English Medium Online Test MCQs With Answers
Question # 1
Medium term plan covers
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Less than 2 years
3 to 5 years
5 to 10 years
10 to 15 years
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Question # 2
Pakistan started its first five year plan in
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1947
1950
1955
1960
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Question # 3
We can increase rate of economic growth in Pakistna if we icrease.
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Investment
Population
Imports
taxes
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Question # 4
There are obstacles to rapid economic development of Pakistan
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Social
Political
Cultural
All of the above
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Question # 5
All labour is
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Homogeneious
Heterogenecous
Lazy
Intelligent
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Question # 6
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 # 7
Our exportw mainly counsist of.
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Cotton Product
Machinery
Sports goods
a and c above
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Question # 8
Pakistan Started its planning expence with
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Colombo plan
Tokyo plan
Karachi Plan
London Plan
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Question # 9
Contribution of agriculture in Pakistan's national income is
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19%
29%
39%
49%
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Question # 10
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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