Question # 1

Who prepared budget of Pakistan?

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National Assembly

President of Pakistan

Ministry of France

State Bank of Pakistan

To control inflation the central bank should do:

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To sell government securities and to decrease bank rate

To sell government securities and to increase bank rate

To purchase government securities and to increase bank rate

To purchase government securities and to decrease bank rate

Market where goods and services are offered for sale?

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Factor market

product market

productivity

service

When the economic activity in an economy is on the decline, then it is called a:

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Boom

Depression

Deflation

Recession

If the economy grows the government's budget position will automatically:

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Worsen

Improve

Stay the same

Increase with inflation

Uruguay Round of multilateral trade negotiations:

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Started in 1986 and completed at the end of 1993

Replaced the GATT with WTO

Brought services and agriculture into WTO

all of the above

In common meaning inflation is a condition in which__

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Price of commodity increases

Value of money decreases

Price of Commodity and value of both increases

Price of commodity increases and value of money decreases

VPP stands for:

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Value Payable post

Vary Payable post

Value payable please

Value please post

Which is the main reason of demand pull inflation?

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Increase in money supply

Increase in commercial expenditure

Increase in foreign demand for goods

All of the above

Where is the headquarters of East African Development Bank?

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Uganda

South Africa

Zambia

Zimbabwe

GEAC is an important organization in India, What is its full form?

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General eating and acting committee

General engineering Approval corporation

Genetic Engineering Approval Committee

Genetic Engineering Approval Corporation

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