Question # 1

Pursching power of money during defiation is.

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Increased

Reduced

Constant

Fluctuating

It is the medium of exchange

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Black money

Currency

Near money

Foreign exchange

Per capita Incom is.

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Income per worker

Incomeper hea

Income per household

Income per industrial unit

State bank was established in .

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1948

1950

1952

1954

Invisible items in balce of payments include.

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Foreign remittances

Income from tourism

Internet charges

All the three

Transfer payments include.

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Daily wages, pensions

Pensions Zakat

Taxes, pocket money

Zakat , taxes

The equation of exchange PT =MV was given by

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Fisher

Crowther

Kuznet

Keynes

This is a difficulty of barter

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Lack of double coincidence of wants

Diffculty to produce goods at larger scale

Lack of divisiblility of many goods

All of the above

Literacy rate in Pakistan is.

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40%

50%

60%

70%

Standard of living of worker depends upon their

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Nominal wages

Real wages

Average product

Govt. Policy

Profit and losss sharing is basis of finance under this system.

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Islamic

Capitalistic

Socialistic

None

Which one of the NOT a principle of taxation

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Principle of equality

Pricniple of morality

Principleof certainty

Principle of diversity

According to Malthus Population increases by Pogression of kind

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Systematic

Arithmetic

Geometric

Automatic

Litracy rate is lower in

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Males

Females

Urban Areas

B and C above

Which type of card is not issued by central banks

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Credi card

Debit card

ATM Card

None is issued by it

Contribution of agriculture in Pakistan's national income is

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19%

29%

39%

49%

Productive of labour can be increases by

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Raising minimum wages

Raising avarege wages

Increaseing skills of workers

All of the above

Balance of payments of country includes.

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Current account

Monetry Account

Capital Account

All of the above

The bank established for loans to very small enterprises is called.

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Micro Finance Bank

Modarba Bank

SME bank

Firs Mini Bank

Environment includes.

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Ecosystem

Wildlife

Forests

All of the above

It helps countries to meet deficit in balcne of payments.

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IMF

WTO

World Bank

UNO

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