2nd Year Economics Chapter 1 Online MCQ Test for 12th Class Economics Chapter 1 (National Income)

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ICS Part 2 Economics English Medium Chapter 1 Test

ICS Part 2 Economics English Medium Chapter 1 Online Test

Try the ICS Part 2 Economics English Medium Chapter 1 Online Test.

  • Total Questions17

  • Time Allowed20

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ICS Part 2 Economics English Medium Chapter 1 Online Test

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Question # 1

The largest type of income in the Pakistan is

Question # 2

It is considred as transfer payments

Question # 3

Direct taxes are not included in

Question # 4

Country is poor if it has.

Question # 5

Net investment is

Question # 6

Macroeconomics is concerned with.

Question # 7

A closed economy is best described as one in which

Question # 8

National income is a measure of

Question # 9

The four factor payments are.

Question # 10

Personal income includes.

Question # 11

In economics one of more persons living in a joint family are called a

Question # 12

Investment spending included the purchase of.

Question # 13

Which statment is true

Question # 14

In calculating national income which one will NOT be included.

Question # 15

The have a functional relation

Question # 16

Corporae tax is levied on

Question # 17

Market value of all final goods and services produced in a country during a year is definition

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