Question # 1

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

It creates credit

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Central Bank

Commercial Bank

Government

Stock exchange

Banks discount it and adance loans.

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Draft

Bill of Exchange

pay order

Gold

Visible goods are recorded int his part of balance of payments account

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Current account

Capital account

Govt account

Official Account

Economic Development

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Is the same as economic growth

Means improvement in lifestyle

Exists when there is equal distributio of income

All of the above

Whcih organisation controls the banking system to most countries.

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Central Bank

Commercial bank

Investment bankWorld bank

The countribution of industrial section our GDP is.

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10%

20%

30%

40%

Balance of payments of country includes.

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Current account

Monetry Account

Capital Account

All of the above

It Japan and Pakistan start free trade differene in wges in two counties will

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Increase

Decrease

Double

No effect

The natures of unemployment due to machanization of agriculture is

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Seasonal

Structural

Frictional

Permanent

Final balance of the payment of a country is

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Always balance

Always dificit

Always surplus

Flucluates

It is the medium of exchange

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Black money

Currency

Near money

Foreign exchange

If indirect taxes are deducted from NNP and subsidies are added. we achieve

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Personla savings

DPI

National Income

Percapita inocme

Which is not a Function of money

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Make demand and supply equal

Medium of exchange

Store of value

Meaasure of value

GNP includes

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A Loan from a bank

A loan from one's parents

A brokers commission

Gilfts and donations

In equilibrium of nationalincome.

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S > I

S = I

S < I

All are true

Monetary pollicy has the objective

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Decrease unemployment rate

Decrease tax rate

Decreases inflation rate

a and c of the above

In GNP of pakistan rises. It will encourage

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Exports

Imports

Both

None

When National income is estimated by expenditue method we include.

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All govt expenditure

All houseolds expenditure

All of the above

All expenditure of the business sector

The largest type of income in the Pakistan is

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Compensation of employees

Rental income

Proprietors income

Coporate profits

Which is the charactertistic of good money

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Has good design

Has high value

Has a fixed value in gold

Is readily accepted by people

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