Question # 1

The lower literacy rate in females is due to.

Choose an answer

Lack of access to educational institutions

Parental ignorance

Discriminatory socialnorms

all of the above

MPC is always.

Choose an answer

Positive

Negative

Zero

More then APC

All are advantages of oreign trade Except.

Choose an answer

People get foreign exchange

Difference in politicla system

Difference in markets

Difference in ideology

Transfer payments are not included in national income becaues.

Choose an answer

Such payments are made to persons livnig abroad

Double counting would result

They are illegal

There is no method to account for these

Government securities.

Choose an answer

MeanCurrency

Are near money

Are bought and sold on stock exchange market

B and C of above

National Income is.

Choose an answer

Total Income earned in producing the national product

All taxes plus govt. spending

Sum of personal income and saving

NNP minus the capital consumption allowance

National Bank is.

Choose an answer

Public Sector bank

Private Bank

Microfianace bank

Specialised bank

Theory of omparative advantages was presented.

Choose an answer

Ricardo

Adam Smith

Hicks

Arshad

National income equals.

Choose an answer

c+ I+g

c-i-g

c-s-g

c+s+g

Cash cannot be directly obtaines from a bank against

Choose an answer

Cross cheque

Order cheque

bearer cheque

Traveller cheque

If we deduct direct tax from personal income we get.

Choose an answer

Net National income

Disposable income

Personal saving

Per capital income

If saving exceed investment then

Choose an answer

National income rises

National income falls

National income is not affected

None of the above

Measurement of economic development is based on.

Choose an answer

Monetary income

Real Income

Future income

Permenent Income

The have a functional relation

Choose an answer

Consumption and national income

Consumption and saving

Consumption and investment

All of the above

Govt. taxatio and spending policieis are called.

Choose an answer

Fiscal policy

Monetary policy

Commercial policy

Finance policy

Commercial banks accept deposits and provide

Choose an answer

Money

Loans

Bill of exchange

Visible imports include.

Choose an answer

Remittance

Machinery

Computer Software

Transport cost

Which one is per capita income is

Choose an answer

Per worker income

Per person Income

Per family income

Per Industtrial unit income

National Bank of Pakistan is

Choose an answer

Industrial Bank

Commercial Bank

Central Bank

Investment Bank

Which of the followign is not included in personali income

Choose an answer

Social security benefits

Dividend payments

Undistributed corporate profits

Interest received from of saving certificates

The Government can colect funds from

Choose an answer

Taxes

Fees

Prices of public goods

All the three

More Classes

Other Links

Principles of Economics Icom Part 2 English Medium Online Test MCQs With Answers

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer