| 1 |
The government can collect funds from |
- A. Taxes
- B. Fees
- C. Prices of public goods
- D. All the three
|
| 2 |
Taxes are levied to |
- A. Penalise people
- B. Provide direct benefits to tax payers
- C. Provide general benefits for the people
- D. To accumulate funds
|
| 3 |
Government finance is called |
- A. National finance
- B. Public finance
- C. Private finance
- D. A and b of above
|
| 4 |
Term of trade developing countries are generally unfavourable because |
- A. They export primary goods
- B. They import value added good
- C. They export few goods
- D. a and b above
|
| 5 |
Exchange value of Pak rupee against other currencies has fallen because. |
- A. Our total exports are smaller
- B. Our imports are more than exports
- C. Exports are more than imports
- D. Paksitan does not produce gold
|
| 6 |
Foreign trade |
- A. Benefits developed countries
- B. Benefits undeveloped countries
- C. Benefits democratic countreis
- D. Benefits all countries
|
| 7 |
In Pakistan government budget is prepaid by |
- A. National assembly
- B. President of Pakistan
- C. Ministry of finance
- D. State bank of Pakistan
|
| 8 |
These are heads of expenditure of the government EXCEPT |
- A. Provide social services
- B. Defence
- C. Improve transport and communication
- D. Provide cosmetics
|
| 9 |
In foreign trade, Protection policy means. |
- A. restrictions on imports
- B. Restriction on transfer of foreign exchange
- C. Restrictions on exports
- D. all of the above
|
| 10 |
It is drawback of protection |
- A. Consumers have to pay higher prices
- B. Quality of goods may be affected
- C. Producers get higher prifits
- D. All of abvoe
|
