Question # 1

Direct taxes are not included in

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DPI

PI

NNP

a and c above

The equation of exchange PT =MV was given by

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Fisher

Crowther

Kuznet

Keynes

Many People do not send their children to schools because of

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Their own illiteracy

Harsh teahers

Poverty

All of the above

In equilibrium of nationalincome.

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S > I

S = I

S < I

All are true

Banks discout it and advance loans.

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Draft

Bill of exchange

Pay Order

Gold

In GNP of pakistan rises. It will encourage

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Exports

Imports

Both

None

Cross cheque has tow lines drawn on

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Right side upper corner

Left side upper corner

Right side lower corner

In the Centre

Marginal propensity to consume MPC is.

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Total income spent on consumption

Ratio of additionalincome consumed

Ratio of total income consumed

Consumption divided by saving

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

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Current account

Capital account

Govt account

Official Account

When economic development takes place.

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Market imperfections increase

Population increses

Capital stock increases

All of the above

Life expectancy in Pakistan is

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Less than 60 years

Betwene 60 and 70 years

Between 70 and 80 years

More than 80 years

If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.

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Demand deposits

Tiem deposit

Saving account

Profit loss account

Per capita Incom is.

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Income per worker

Incomeper hea

Income per household

Income per industrial unit

State bank of Pakistan is run by

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Board of directors

Board of managers

Board of govenors

Board of bankers

IMF Means

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International Monetary Funds

Inernational Money Flow

International Money Forum

Internaional Monetary finance

Market value of all final goods and services produced in a country during a year is definition

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GNP

NNP

NI

Consumption

IMF has given loan to Pakistan. It wilimprove Pakistan's

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Current account

Capital Account

Overall balance of payments

B and c above

Contribution of Industrial sector in Pakistan economy is.

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24%

14%

Less than 10%

Pakistan has a bankng system.

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Developed

Underdeveloped

Very unognsed

Inefficient

National Income is.

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Total Income earned in producing the national product

All taxes plus govt. spending

Sum of personal income and saving

NNP minus the capital consumption allowance

Net Exports are

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Total Exports plus total imports

Total exports minus total imports

Total exports divided by total imports

Total imports minus total exports

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