Question # 1

Which type of cheque is more safe for transfer of money

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Cross cheque

Order cheque

Traveller cheque

Bearer cheque

When the nations money supply is Rs. 1200 million and GDP is Rs. 4800 billion. velocity of circulation money is.

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0.25

4

0.4

Billion Rupees

The largest type fo in come in the Pakistan is

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Compensation of employees

Propretors income

Rental income

Corporate profits

State bank of Pakistan is run by

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Board of directors

Board of managers

Board of govenors

Board of bankers

Exports of goods is called trade in

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Visible good

Invisibel goods

Basic goods

None real goods

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

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Commercial Bank

Stock exchange

Money markets

Does not lend

Theory of omparative advantages was presented.

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Ricardo

Adam Smith

Hicks

Arshad

Who is unemployed

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House wife

College Student

Afreshly graduated engineer who is searching for a job

A peer who lives on gifts from murreds

Foreign Trade are

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Benefits developed countries

Benefits underdeveloped countires

Benefits all countries

Benefits democretive countries

Contribution of industrial sector in Pakistan's GDP is.

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20%

30%

40%

50%

Visible exports include

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Remittance

Computer Hardware

Computer software

Transport cost

Govt. transfer payment include

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Social security benefits

Welfare benefits

Student scholarships

All of the above

Which of the followign tax is best example of ability to pay principle of taxes

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excise tax on cigratettes

Highway tolltax

Personal income tax

Proportional sales tax

Govt. taxatio and spending policieis are called.

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Fiscal policy

Monetary policy

Commercial policy

Finance policy

When economic development takes place.

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Market imperfections increase

Population increses

Capital stock increases

All of the above

Literacy rate in Pakistan is.

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40%

50%

60%

70%

Every country establishes central bank to

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Issue currency

To establish commercial bank

Toprepare governemnt budget

All of the of above

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

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160

240

200

8000

If you borrow from a bak the amount which the bank charges is called.

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Interest rate

tax rate

discount rate

Market rate

Cross cheque has tow lines drawn on

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Right side upper corner

Left side upper corner

Right side lower corner

In the Centre

Demand deposite mean

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Saving account

Chequeable deposits

Profit loss account

Time deposits

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