Question # 1

PI is equivalent to

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DPI Minus personal taxes

DIP Plus unerned receipts

DPI Minus income earned but not received

NI plus unearned receipts minus personal taxes

International trade and domestic trade fiffer because of.

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Trade restrictions

Immobility of factors

Difference govt Policy

All of the above

According to Keynes people demand money for purposes .

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1

2

3

4

Mobility of labour

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Increases efficiency of labour

Spolic labour

Incrresases division of labour

a and c above

Net exports equal

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Exports x imports

Exports + imports

exports- imports

None of the above

Balance sheet of a bank has two parts

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Supply and demand for deposits

Supply and demand of Advances

Assests and liablilities

Cash Reserves and loans

Which type of cheque is least safe for transfer of money

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Bearer cheque

Traveller cheque

Order cheque

Cross cheque

An asset is liquid when it is

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Being traded frequnetly

Earning a good rate of return

Is money or easily converted into money

All of the above

Which of the followign is not included in personali income

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Social security benefits

Dividend payments

Undistributed corporate profits

Interest received from of saving certificates

They are NOT much affected by rising prices.

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Salaried persons

Business

Debtors

Importers

Commercial banks are able to create money by

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Making loans

Printing Money

Moral suasion Selling government loans

Printing money

Whis is the most widely used tool of monetary policy

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Open market operation

Clearing house

Discount rate

Issuing of the note

Unemployment rate in Pakisan is

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6%

16%

20%

More than 20%

Environment includes.

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Ecosystem

Wildlife

Forests

All of the above

It is considered as investment

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Construction of a house

Purchase of an old house

Salaries of college professors

a and b above

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

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160

240

8000

None of the above

The largest part of national income goes to

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Consumption

Investment

Saving

Transfer payment

Which of the following compares everage pricw of exports to avarage Price of imports.

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Balance of payments

Balance of trade

Terms of trade

Exchange of rate

According to Keynesmotives for holding money are.

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Two

Three

Four

Five

This is NOT money

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Currency

Prize Bond

Demand deposit oin a bank

Coins

Pakistan Started its planning expence with

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Colombo plan

Tokyo plan

Karachi Plan

London Plan

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