12th Class Principles of Economics Chapter 2 Test

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


I.Com Part 2 Principles of Economics
Chapter 2 Test

Start Chapter 2 Test

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

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

Sr. # Questions Answers Choice
1 Which one is investment in economics
  • A. Building a factory
  • B. Buyig shares in stock exchange
  • C. Depositing money in bank
  • D. Deposting money wiht housing society
2 Which shows equilibrium of national income
  • A. Consumption = investment
  • B. Saving = investment
  • C. Saving > investment
  • D. Saving < investment
3 MPC is always.
  • A. Positive
  • B. Negative
  • C. Zero
  • D. More then APC
4 This wil cause anincrease in national income
  • A. Rise in exports
  • B. Fall in consumer spending
  • C. Rise in imports
  • D. Increase in saving
5 Aggregate demand means.
  • A. Aggregate saving
  • B. Aggregate Income
  • C. Aggregate investment
  • D. Aggregate expenditure
6 Which of the following is a withdrawal from the circular flow of income stream.
  • A. Taxation
  • B. Consumption
  • C. Subsides
  • D. Investment
7 National income equals.
  • A. c+ I+g
  • B. c-i-g
  • C. c-s-g
  • D. c+s+g
8 If money supply in a country decreses
  • A. Price will rise
  • B. Price will fall
  • C. Rate of intrese falls
  • D. B and C of above
9 Equilibrium of national income will be when
  • A. S >I
  • B. S < I
  • C. S = I
  • D. S - 1
10 If C = 200 and I = 40 then Y will equal
  • A. 160
  • B. 240
  • C. 8000
  • D. None of the above

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