Question # 1

It is counted in GDP

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Sale price of an old car

A TV set produced this year but not sold

Purchase of 100 shares of PSO

The leisure people consume

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

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Islamic

Capitalistic

Socialistic

None

Private sector participation is expending in.

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Education

Health

Environment

a and b of the above

Largest Sector of Pakistan economy is.

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Agriculture

Industry

Transport

Services

Which of the following is an example of primary production

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Production of computer

Farmer grwoing wheat

Opening of new school

House wife bakes a cakes

It is not included in estimation of national incoe

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Illegal income

Services of house wife

Imports

All are not included

Which statemetn is true of the relationship betwene bond prices and bond yields.

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They very invesrsely

They are not related

They tool very directly

They are related in long run and not in the short run

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

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

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

Net investment is

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Gross investment minus household investment

Gross investment minus govt. investment

Gross investment minus capital consumption allowance

None of the above

Pakistan per capita income in less than.

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Japan

India

Korea

All

Bank Prepare their balace sheet.

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Weekly

Monthly

Quarterly

Annualy

Transfer payments are not included in national income becaues.

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Such payments are made to persons livnig abroad

Double counting would result

They are illegal

There is no method to account for these

Every country establishes central bank to

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Issue currency

To establish commercial bank

Toprepare governemnt budget

All of the of above

Nationalisation of banks was done in

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1974

1976

1978

1980

Every country establishes centralbank to

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Issue notes

Supervise commerical bank

Giveloans to businessmen

a and b of above

Foreign Trade

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Increses employment opportunites

Increases international mobility of labour

Increases competition

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

Commodity sector contributes to national income of Pakistan.

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40%

50%

60%

70%

According to Keynesmotives for holding money are.

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Two

Three

Four

Five

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