Question # 1

The goods which arw used directly by the people are called.

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Consumer goods

Capital good

Direct good

None

The following is not a bank liability.

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Demand Deposit

Time deposit

Loans

Saving Deposit

Two countries can gain from foreign trade if

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Cost ratios are differnet

Traiff rates are different

Price ratios are different

a and c above

Cross cheque has a cross sign in the

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Right side upper comer

Right side lowr comer

It does not have cross sign

Left side upper corner

Labour includes

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The inventor

The innovator

The unskilled worker

All of the above

Out following the only recognised legal tender is

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Cheque

Currency notes and coins

Notes and cheques

Credit card

According to Keynes people demand money for purposes .

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1

2

3

4

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

The percentage of our labour force workign in agricultureis.

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13%

24%

33%

43%

Commercial banks accept deposits and provide

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Money

Loans

Bill of exchange

Which statment is true

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NNP =GNP- Deprection

NNP =N1

NNP = DPI

NNP = GNP + Depreciation

Pursching power of money during defiation is.

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Increased

Reduced

Constant

Fluctuating

Contribution of industrial sector in Pakistan's GDP is.

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20%

30%

40%

50%

PI is equivalent to

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DPI Minus personal taxes

DIP Plus unerned receipts

DPI Minus income earned but not received

NI plus unearned receipts minus personal taxes

If C = 200 and I = 40 then Y will equal

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160

240

8000

None of the above

Govt. prepares its budget

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Weekly

Montly

Quarterly

Annually

There are obstacles to rapid economic development of Pakistan

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Social

Political

Cultural

All of the above

By 2018 Pakistan's total population reached approximately

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180 million

210 million

240 million

270 million

Demand deposite are

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Bank notes

Money

Considered as ner money

Legal money

Taxes on commodities are

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Direct taxes

Indirect Taxes

Progressive taxes

Propotional taxes

Under normal circumstances the velocity of circulation of money in a contry is.

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100%

negative

Less than 10

Zero

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