Question # 1

Which word not belong in the military abbreviation NBC?

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Nuclear

Chemical

Biological

Clinical

Menu costs in relation to inflation refer to:

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Costs of finding better raters of return

Cost of altering price lists

Costs of money increasing its value

Costs of revaluing the currency

Reducing inflation is a more important objective than economic growth is an example of:

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Normative economics

Positive economics

Objective economics

Reality economics

A form of government in which minority rules outside the law is:

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Oligarchy

Tyranny

Aristocracy

Democracy

What is the main cause of inflation?

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Increases in money supply

Fall in production

Increases in money supply and fall in production

Decreases in money supply and fall in production

Which is the largest import Pakistan?

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Food

Petroleum

Fertilizer

Medicine

Passive factor of production is:

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Only land

Only capital

Both land and capital

Neither land nor capital

The on-going melt down had its origin in:

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The real sector

The financial sector

The service sector

The textile sector

Who among the following makes a distinction between society and state?

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Pareto

Maclver

Charles Merriam

Bryce

What is the full form of the NESPAK?

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New Engineering Services of Pakistan

Newly Engineering Services of Pakistan

National Engineering Services of Pakistan

National Engineering Services of Punjab

Pakistan started its first five-year plan in

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1947

1950

1955

1960

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