Question # 1

If C= 200 and I= 40 Than Y will equal

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160

240

200

8000

National income is a measure of

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The zise of government revenue

Payments made to facor of production

Production f goods per day

Total working hours

Commodity sector contributes to national income of Pakistan.

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40%

50%

60%

70%

Barter means.

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Trade through metallic money only

Trade of goods ony excluding services

Trade without use of money

Trade of low value goods only

It is the medium of exchange

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Black money

Currency

Near money

Foreign exchange

In foreign trde protection policy means.

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Restrictions on imports

Restrictions on exports

Restriction on transfer of foreign exchagne

All of the above

Credit money is controlled by

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Central bank

Market forces

Commercial Bank

Government

Real national income increases when

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Prics of goods are rising

National savings increases

Quantity of goods and services increases

None of the above

Acting as lender of last resort a central bank lends to.

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Commercial Bank

Stock exchange

Money markets

Does not lend

It is included in kind of money

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Legal money

Credit money

Taken money

All of the above

If we deduct direct tax from personal income we get.

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Net National income

Disposable income

Personal saving

Per capital income

Under normal circumstances the velocity of circulation of money in a contry is.

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100%

negative

Less than 10

Zero

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.

The share of 20% of population which forms the lowest income group gets share of Pakistan's national income as.

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6%

9%

12%

15%

Which is the charactertistic of good money

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Has good design

Has high value

Has a fixed value in gold

Is readily accepted by people

Which type of cheque is more safe for transfer of money

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Cross cheque

Order cheque

Traveller cheque

Bearer cheque

Which is the sourceof interest for a bank

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Advances

Bills discounted

Investments

All

What would encorage trade betwene two countries.

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Reduced tariffs

Quality control

Differente tax system

Fixing import quotes

Central banks rate of lending to commericalbanks is called.

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Interest rate

Discount rate

Money rate

Inflation rate

Drung inflation

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Lenders lose borrowers gain

Borrowers and lenders both ose

Borrows lose lenders gain

All sections of the society gain

If money supply in a country decreses

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Price will rise

Price will fall

Rate of intrese falls

B and C of above

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