Home
News
Colleges
Courses
Admission
Lectures
Online Test
Past Papers
Date Sheets
Results
Study Abroad
Jobs
Tutors
More
Apps
This online test contains MCQs about following topics:
. Various concepts of national income . Measurement of national income . Product method . Income method . Expenditue method . CIrcular flow of national income . Factors of national income . Importance of study of national income
ICOM Part 1 Economics Ch 9 Test
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
MCQ's Test For Chapter 9 "Principles of Economics Icom Part 1 English Medium Chapter 9 Online Test"
Try The MCQ's Test For Chapter 9 "Principles of Economics Icom Part 1 English Medium Chapter 9 Online Test"
-
Total Questions15
-
Time Allowed20
Principles of Economics Icom Part 1 English Medium Chapter 9 Online Test
00:00
Question # 1
Monopoly refers to:
Question # 2
Disposable personal income means
Question # 3
If MC=MR=AR=AC=P, then a firms gains:
Question # 4
Difference between total revenue and total cost presents:
Question # 5
How many conditions of firm's equilibrium are there ?
Question # 6
Firms earn abnormal profit when:
Question # 7
Concept of equilibrium level of national income in comprehensive way was presented by
Question # 8
"Quantity of goods and services which is consumed during a year is called national income". This definition of national income is stated by the economist
Question # 9
Transfer payment means that income
Question # 10
To measure national income is used
Question # 11
Duopoly refers to:
Question # 12
The term "Price Maker" is used in:
Question # 13
Net foreign income is
Question # 14
Main elements of circular flow of national income are
Question # 15
Which thing should be added in net national product to get gross national product
11th Principle of Economics Chapter 9 Test
Here you can prepare 11th Principle of Economics English Medium Chapter 9 National Income Test. Click the button for 100% free full practice test.
Top Scorers Of Chapter 9 "Principles of Economics Icom Part 1 English Medium Chapter 9 Online Test" MCQ`s Test
-
S Subtain Ahmed Raza 21 - Jul - 2023 02 Min 00 Sec 14/15 -
A Aliya hassan 05 - Dec - 2020 02 Min 15 Sec 14/15 -
M Muhammad Hammad Shekhani 01 - Jul - 2021 05 Min 59 Sec 13/15 -
J John Paul 20 - Feb - 2021 08 Min 06 Sec 13/15 -
H hamza abid 16 - Aug - 2021 10 Min 50 Sec 13/15 -
A Arzoo Qaiser 30 - Jan - 2026 02 Min 26 Sec 12/15 -
E ekta 07 - Aug - 2021 02 Min 46 Sec 12/15 -
K KAZIM ALI 23 - Feb - 2019 04 Min 55 Sec 12/15 -
A Asif Iqbal 20 - Apr - 2023 05 Min 20 Sec 12/15 -
S salmanyaseen 03 - May - 2018 02 Min 34 Sec 11/15 -
M Muhammad kashif shakoor 12 - Jun - 2024 02 Min 50 Sec 11/15 -
A Ali hamza 25 - Dec - 2018 02 Min 58 Sec 11/15 -
N Naveera 01 - Jun - 2021 02 Min 59 Sec 11/15 -
H Hamza 23 - Aug - 2021 04 Min 22 Sec 11/15 -
A amir rasheed 10 - Apr - 2018 05 Min 12 Sec 11/15
ICom Part 1 Principles of Economics ( English Medium) Chapter 9 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Main elements of circular flow of national income are |
A. People or house holds
B. Firms
C. House holds and firms
D. Industrial lists
|
| 2 | A firm is in equilibrium, where: |
A. AR = MR
B. AC = MC
C. AC = MR
D. MC = MR
|
| 3 | At shut down position: |
A. AC = AR
B. AVC = AR
C. AVC < AR
D. AVC > AR
|
| 4 | Which thing should be added in net national product to get gross national product |
A. Direct taxes
B. Indirect taxes
C. Depreciation allowance
D. Subsidies
|
| 5 | Concept of equilibrium level of national income in comprehensive way was presented by |
A. Professor keynes
B. Professor Marshall
C. Professor hicks
D. Professor Lipsay
|
| 6 | Net national product is found by |
A. Subtracting tax from gross national product
B. Subtracting transfer payments form gross national product
C. Subtracting depreciation allowance from gross national product
D. Subtracting subsidies from gross national product
|
| 7 | According to Pigou national income is that part of material wealth |
A. Which can be stored easily
B. Which can be measured by the scale of money
C. Which have volume and surrounds
D. Which is exported
|
| 8 | Disposable personal income is equal to |
A. Personal income + direct taxes
B. Personal income + indirect taxes
C. Personal income + direct and indirect taxes
D. Personal income - direct taxes
|
| 9 | Price discrimination policy refers to: |
A. Single price
B. Two prices
C. Multiple prices
D. None of these
|
| 10 | Basic object of a firm is to get maximum: |
A. Price
B. Profit
C. Production
D. All of three
|
Test Questions
Share your comments & questions here
No comments yet. Be the first to comment!