Question # 1

Visible imports include.

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Remittance

Machinery

Computer Software

Transport cost

Literacy rate in Pakistan is.

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40%

50%

60%

70%

This is a characeristics of good money

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High intricnsic value

General acceptability

Atractive design

Easy of duplicate

Public spending on health is

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Less than 1%

More than 1 but less than 2%

More than 2 but less than 3%

More than 3

Cash can NOT be directly drawn fro a bank against

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Cross Cheque

Order cheque

Bearer cheque

Traveller cheque

The quantity demanded of money rises.

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As the intrest rate falls

As the intrest rate rises

As the supply of money falls

As the number of banks rises

When a commercial bank creaes credite. Its immediate effect is tha tit raises.

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The exchange rate

The money supply

The interest rate

The real national income

Forest in Pakistan are decreasing beacause.

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Populaton pressure

Poor consercation clanning

Climateic changes

All of the above

In calculating national income which one will NOT be included.

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Exports

Old age pensions

Wages of lecturer

Undistributed profit by firms

A skilled worker is an example of.

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Scarcity

An entrepreneur

The labour input

a and c above

Which is a function of commercial bank

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Acting as a govt. banker

Fixing the exchange rate

Making loans

Issueing bank notes

Measurement of economic development is based on.

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Monetary income

Real Income

Future income

Permenent Income

Ten Rupee note is

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Token money

Creadit money

Legal Money

a and c of above

This steps will increase investment in Pakistan.

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Increse taxes

Increase population

Increase investment rate

Decrease intrest rate

Which measure has the larger value .

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NNP

GNP

GDP

NI

Short term loans can be obtained in.

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Money market

Capital market

Exchange market

Stock Market

The bank can give loans

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Unlimited

Equal to deposites

less than deposits

More dhan deposits

The four factor payments are.

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Money, Capital, salaries, and income

Wages, rent internest and profts

Money, power, Prices, and wwalth

Wags, intrest, salareis,andtaxes.

Acting as lender of last resort a cenral bank lend to.

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Money market

Stock exchange

Commercial Bank

Does not lend

Credit money is controlled by

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Central bank

Market forces

Commercial Bank

Government

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