Question # 1

Economic planning in Pakistan started

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During 1950s

During 1960s

During 1970s

During 1980s

Velocity of circulation of money means.

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Total demand for money

Annual increase in currency notes

Number of timesa unit of money changes hands

total supoly of money

Speculative demand for money depends upon

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Income

Investment

Rate of Interest

Central bank

Money Material should be

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Abundant

Scarce

Beautiful

Heavy

All labour is

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Homogeneious

Heterogenecous

Lazy

Intelligent

We can increase rate of economic growth in Pakistna if we icrease.

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Investment

Population

Imports

taxes

It is duducted from GNP to find NNP

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Saving

Direct taxes

Depreciatin allowance

Subsidies

Central banks rate of lending to commercial banks is called.

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Money rate

Control rate

Intrested rate

Discount rate

It is direct tax

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Excise tax

Sales tax

Income tax

Custom duty

Cash can NOT be directly drawn fro a bank against

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Cross Cheque

Order cheque

Bearer cheque

Traveller cheque

Environment includes.

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Ecosystem

Wildlife

Forests

All of the above

This will cause decrease in natioal income.

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Rise in exports

Rise in saving

Increas in taxese

B and C above

Acting as lender of last resort a cenral bank lend to.

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Money market

Stock exchange

Commercial Bank

Does not lend

Profit and losss sharing is basis of finance under this system.

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Islamic

Capitalistic

Socialistic

None

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

The bank can give loans

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Unlimited

Equal to deposites

less than deposits

More dhan deposits

Credit money is controlled by

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Central bank

Market forces

Commercial Bank

Government

Forest in Pakistan are decreasing beacause.

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Populaton pressure

Poor consercation clanning

Climateic changes

All of the above

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

Govt. prepares its budget

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Weekly

Montly

Quarterly

Annually

The government spends on education percentage of GDP

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2

6

8

10

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