Question # 1

Which is likely to be higher in a developing country like Pakistan.

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Birth Rate

GDP per head

Life expeciancy

Net investment per head

Pakistan needs

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Economic planning

Population Planning

Educational Planning

All of the above

We can increase rate of economic growth in Pakistna if we icrease.

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Investment

Population

Imports

taxes

The highest govt body for economic planig is Pakistan is.

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Planning Council

Planning Board

Planning commission

Planning Department

Medium term plan covers

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Less than 2 years

3 to 5 years

5 to 10 years

10 to 15 years

Our exportw mainly counsist of.

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Cotton Product

Machinery

Sports goods

a and c above

Measurement of economic development is based on.

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Monetary income

Real Income

Future income

Permenent Income

When economic development takes place

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Market imperfections increase

Population increases

Capital stock increases

B and C above

The largest sector of Pakistan economy

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Transport

Agriculture

Industry

Trade

When economic development takes place.

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Market imperfections increase

Population increses

Capital stock increases

All of the above

Economic planning in Pakistan started

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During 1950s

During 1960s

During 1970s

During 1980s

Pakistan started its first five year plan in

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1947

1950

1955

1960

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Icom Part 2 Principles of Economics Chapter 11 English Medium Online Test MCQs With Answers

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