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Online Tests
Icom Part 2 Principles of Economics Chapter 8 English Medium Online Test MCQs With Answers
Question # 1
IMF has given loan to Pakistan. It wilimprove Pakistan's
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Current account
Capital Account
Overall balance of payments
B and c above
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Question # 2
Final balance of the payment of a country is
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Always balance
Always dificit
Always surplus
Flucluates
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Question # 3
Invisible items in balce of payments include.
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Foreign remittances
Income from tourism
Internet charges
All the three
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Question # 4
In GNP of pakistan rises. It will encourage
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Exports
Imports
Both
None
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Question # 5
If TOYOTA Company estalishes a factory in Pakistan this will be recorded in balance of payments in the section.
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Capital account
Visible balnce
Invisible balnce
Official financing
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Question # 6
Visible goods are recorded int his part of balance of payments account
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Current account
Capital account
Govt account
Official Account
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Question # 7
IMF Means
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International Monetary Funds
Inernational Money Flow
International Money Forum
Internaional Monetary finance
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Question # 8
Exports of goods is called trade in
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Visible good
Invisibel goods
Basic goods
None real goods
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Question # 9
Pakistan exports as percentage GDP are.
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4%
8%
12%
16%
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Question # 10
Balance of payment of a country has major parts.
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2
3
4
5
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Question # 11
Exchange rate for currencies is determined by supply and demand in system of.
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Fixed exchange
flexible
Constatn
Regulated
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