Question # 1

In pure capitalism the role of government is best described as:

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Significant

Extensive

Nonexistent

Limited

Government of Pakistan issued currency on the basis of:

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Availability of gold in the country

Availability of dollars in the country

Demand for money in the country

Tax collection

The free market involves:

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The free provision of products

The subsidising of products by the government

Market forces of supply and demand

All trad via barter

Who defined "Economics is the Science of Wealth"?

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J.K Mehta

Marshall

Adam Smith

Robbins

Who wrote 'The general Theory of Employment,interest and money''?

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Woodrow wilson

David Hume

Paul Samuelson

John Maynard Keynes

Malthusian theory of population is based on:

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Harmonic progression of population

Geometric progression of food production

Arithmetic progression of population

Geometric progression of population

The extent to which persons or organizations are better off at the end of a period than they were at the beginning?

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Profit

Inventory

Good

Fringe benefits

Pakistan started its first five-year plan in

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1947

1950

1955

1960

Who among the following talked of Political decay?

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Huntington

David Apter

Organski

Lucian Pye

Which of the following is not a direct tax?

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Income tax

Property tax

Sales tax

House tax

IACHR is a court for human rights of the given options Which is the correct full form?

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International American Court for Human Rights

International Asian court for Human rights

International African Court for Human

Inter-Asian Court for Human Rights

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