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Online Tests
Principles of Economics Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
First women bank is
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Govt Bank
Privat bank
Non Scheduled bank
Investment Bank
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Question # 2
Country is poor if it has.
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Less production of gods per capita
Less amount of gold
Less amout of foreign currency
Less exports
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Question # 3
Balance of payment of a country has major parts.
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2
3
4
5
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Question # 4
Contribution of agriculture in Pakistan's national income is
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19%
29%
39%
49%
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Question # 5
The largest type of income in the Pakistan is
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Compensation of employees
Rental income
Proprietors income
Coporate profits
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Question # 6
Which is money
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Cheque
Credite card
Currency
Prize Bond
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Question # 7
Pakistan per capita income in less than.
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Japan
India
Korea
All
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Question # 8
This is a characeristics of good money
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High intricnsic value
General acceptability
Atractive design
Easy of duplicate
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Question # 9
Infrant mortality rate in Pakistanis.
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45
65
85
105
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Question # 10
The percentage of our labour force workign in agricultureis.
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13%
24%
33%
43%
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Question # 11
Open Market Operations is
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Buying and selling govt securities
Buying and selling shares of companies
Buying and selling bills of exchange
Buying and selling foreign exchange
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Question # 12
Ten Rupee note is
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Token money
Creadit money
Legal Money
a and c of above
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Question # 13
Real national income increases when
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Prics of goods are rising
National savings increases
Quantity of goods and services increases
None of the above
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Question # 14
Acting as lender of last resort a cenral bank lend to.
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Money market
Stock exchange
Commercial Bank
Does not lend
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Question # 15
Litracy rate is lower in
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Males
Females
Urban Areas
B and C above
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Question # 16
It is not included in estimation of national incoe
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Illegal income
Services of house wife
Imports
All are not included
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Question # 17
Investment spending included the purchase of.
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Lottery coupon
Prize Bond
Residential construction
all of the above
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Question # 18
Which of the following would increase national income.
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Increase in taxation
incerese in savings
Increase in govt spending
Decrease in consumption spending
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Question # 19
This is a characteristic of good money
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High intrinsic value
Liquidity
Attractive design
Easy to duplicate
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Question # 20
InPakistan government budget is prepared by
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National Assembly
Presidnet of Pakistan
Ministry of Finance
State Bank of Pakistan
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Question # 21
Central Bank rate lending to commercial banks is called.
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Discount rate
Money rate
Control Rate
Interest rate
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