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Online Tests
Principles of Economics Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
According to Keynesmotives for holding money are.
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Two
Three
Four
Five
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Question # 2
Which is considered liablility by a bank
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Loans
Bank building and equipment
Time deposit
Securities
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Question # 3
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 # 4
Which one is per capita income is
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Per worker income
Per person Income
Per family income
Per Industtrial unit income
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Question # 5
Pakistan needs
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Economic planning
Population Planning
Educational Planning
All of the above
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Question # 6
Contribution of industrial sector in Pakistan's GDP is.
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20%
30%
40%
50%
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Question # 7
Corporae tax is levied on
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Landdlords
Inporters
Big companies
Municipal corporations
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Question # 8
In Pakistan Income tax is
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Progressive tax
Regressive tax
Proportional tax
Fixed tax
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Question # 9
Which type of cheque is least safe for transfer of money
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Bearer cheque
Traveller cheque
Order cheque
Cross cheque
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Question # 10
In 2018 Pkistan's total population stands approximately at
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11 cores
21 cores
31 cores
41 cores
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Question # 11
Pakistan's domestic saving rate is
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2%
7%
17%
27%
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Question # 12
GNP is always.
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Less than NNP
Grether than NNP
Equal to NNP
Is found from NNP
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Question # 13
Forest cover in Pakistanis.
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2%
4%
6%
8%
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Question # 14
Infrant mortality rate in Pakistanis.
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45
65
85
105
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Question # 15
National income equals.
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c+ I+g
c-i-g
c-s-g
c+s+g
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Question # 16
The equation of exchange PT =MV was given by
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Fisher
Crowther
Kuznet
Keynes
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Question # 17
Flxible exchange rate sytem has the advantage.
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Automatic adjustment of balcne of payments
Easy to borrow form world bank
Encouragds exports
None of the above
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Question # 18
It is considred as transfer payments
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Salaries of govet emplyees
Bonus of bank employees
Inemployment allowance paid by govt
Free medical are to offers.
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Question # 19
The largest type fo in come in the Pakistan is
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Compensation of employees
Propretors income
Rental income
Corporate profits
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Question # 20
Balance of payments of country includes.
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Current account
Monetry Account
Capital Account
All of the above
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Question # 21
Consumption is a function of.
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Saving
Investment
Income
Expenditure
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