Question # 1

'From each according to his ability, to each according to his need' is the theoretical slogan of which system?

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Communist system

Capitalist system

Fascist system

None of these

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

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Significant

Extensive

Nonexistent

Limited

A movement along the demand curve may be caused by

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A change in income

A change in the number of buyers

A change in advertising

A shift in supply

What does the term 'The Golden Horde' Refer to?

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Part of the Mongol Empire

An area in Mexico once ruled by the Aztecs

Napoleon's conquest of Egypt

Opportunity cast of a factor is known as

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Transfer earning

Money cost

Present earning

None of the above

Contribution of agriculture in Pakistan's national income is

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20%

24%

28%

26%

Which one of he following is an essential feature of he presidential system:

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Collective responsibility

Fixed term

Accountability to legislature

Nominal head of he state

When the money market is in equilibrium:

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The quantity of money demanded equals the quantity of money supplied

The interest rate is neither increasing nor decreasing

bond prices are stable

All of the above hold true

Less Developed Countries tend to have:

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A high average age

A slow population growth rate

High life expectancy

A low literacy rate

Where is the headquarters of World Trade Organization?

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New Delhi

New York

Geneva

None of the above

An Australian superstition concerning the number 87 by association 187,287 etc:

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The English number

Napoleon

Nelson

The Devil's number

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