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Online Tests
Principles of Economics Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
National income is a measure of
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The zise of government revenue
Payments made to facor of production
Production f goods per day
Total working hours
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Question # 2
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 # 3
Litracy rate is lower in
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Males
Females
Urban Areas
B and C above
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Question # 4
Value of money and supply of money are related.
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Inversely
Directly
Govt.Law
Are not related
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Question # 5
The share of 20% of population which forms the lowest income group gets share of Pakistan's national income as.
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6%
9%
12%
15%
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Question # 6
Pakistan has a bankng system.
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Developed
Underdeveloped
Very unognsed
Inefficient
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Question # 7
Governmet finance is called.
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National finance
Public finance
Private finance
a and b above
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Question # 8
In foreign trde protection policy means.
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Restrictions on imports
Restrictions on exports
Restriction on transfer of foreign exchagne
All of the above
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Question # 9
Demand depostis are.
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Money
Banks notes
Legal money
Considerd and near money
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Question # 10
GNP is
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Total Sales in the economy
Total monetary transactions in an economy
Sum of market values of all goods and services prodcued in an economy
Totla spending in an economy
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Question # 11
Private sector participation is expending in.
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Education
Health
Environment
a and b of the above
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Question # 12
Population Growth rate in Pakistan is
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0.9%
19%
2.9 %
3.9%
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Question # 13
The countribution of industrial section our GDP is.
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10%
20%
30%
40%
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Question # 14
For the economy prices are beneficial
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Falling slowly
Rising slowly
Rising fast
Falling fast
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Question # 15
In GNP of pakistan rises. It will encourage
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Exports
Imports
Both
None
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Question # 16
In Pakistan, taxes are leived by
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Prime Minister of Pakistan
President of Pakistan
Federal cabinet of ministers
National Assembly
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