7th Chapter

ICS Part 2 Economics English Medium Chapter 7 Test

2nd Year Economics Chapter 7 Online MCQ Test for 12th Class Economics Chapter 7 (Public Finance)

ICS Part 2 Economics English Medium Chapter 7 Test

Start Chapter 7 Test

2nd Year Economics Chapter 7 Online MCQ Test for 12th Class Economics Chapter 7 (Public Finance)

Sr. # Questions Answers Choice
1 Govt policy about exports and imports is called.
  • A. Monetary policy
  • B. Fiscal policy
  • C. Commercial Policy
  • D. Finance policy
2 Net exports equal
  • A. Exports x imports
  • B. Exports + imports
  • C. exports- imports
  • D. None of the above
3 Foreign Trade are
  • A. Benefits developed countries
  • B. Benefits underdeveloped countires
  • C. Benefits all countries
  • D. Benefits democretive countries
4 What would encorage trade betwene two countries.
  • A. Reduced tariffs
  • B. Quality control
  • C. Differente tax system
  • D. Fixing import quotes
5 All are advantages of oreign trade Except.
  • A. People get foreign exchange
  • B. Difference in politicla system
  • C. Difference in markets
  • D. Difference in ideology
6 Foreign Trade
  • A. Increses employment opportunites
  • B. Increases international mobility of labour
  • C. Increases competition
  • D. All of the above
7 Which of the following is international trade
  • A. Trade between provinces
  • B. Trade between countries
  • C. Trade betwene regions
  • D. Trade between continents
8 Foregn trade creates among countries.
  • A. Conficits
  • B. Cooperation
  • C. Hatred
  • D. None
9 A Triff
  • A. Increase the volume trade
  • B. Reduces the volume of trade
  • C. Has no effect on volume of tradea
  • D. a and c above
10 Policy of Protecton in trade
  • A. Facilitates trade
  • B. Protects local producers
  • C. Protects foreign producers
  • D. Protects exporters

Top Scorers of ICS Part 2 Economics English Medium Chapter 7 Online Test

M

Muhammad Hassan

Lahore26 - Apr - 2025

17/17
01 Mins 05 Sec
M

Muhammad Hassan

Lahore26 - Apr - 2025

16/17
02 Mins 12 Sec
M

Muhammad Hassan

Lahore26 - Apr - 2025

16/17
02 Mins 12 Sec
T

Tomboy Tomboy

Lahore09 - Apr - 2025

16/17
02 Mins 22 Sec
M

Muhammad Hassan

Lahore29 - Apr - 2025

15/17
03 Mins 39 Sec
I

Irshad Hussain

Lahore20 - Apr - 2025

12/17
04 Mins 05 Sec
A

Asim Khan Wazir

Lahore30 - Apr - 2025

9/17
03 Mins 08 Sec

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