Question # 1

Exports of goods is called trade in

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Visible good

Invisibel goods

Basic goods

None real goods

Government securities.

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MeanCurrency

Are near money

Are bought and sold on stock exchange market

B and C of above

Gross nationa product includes

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A loan from one's parents

A loan from a domestic bank

A loan from other countries

None of theabove

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

Oneof he following is NOT a feature of private finance.

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Balancing of incoem and expenditure

Secrecy

Publicity

Saving some part of income

Which is a flow concept.

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Number of my shirts

My montly income

My total wealth

Money Supply

Govt. prepares its budget

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Weekly

Montly

Quarterly

Annually

In which form the larges percentage of national incomeis earned.

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Interest income

Proprietor's income

Elyees wages

Rental income

Visible exports include

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Remittance

Computer Hardware

Computer software

Transport cost

Which One is equation of exchange.

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PT = MV

PV = MT

PM = TV

None

Total number of branches of Pakistani banks is approximately

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5000

10000

15000

20000

The largest type fo in come in the Pakistan is

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Compensation of employees

Propretors income

Rental income

Corporate profits

Pakistan exports as percentage GDP are.

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4%

8%

12%

16%

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

Credit money is controlled by

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Central bank

Market forces

Commercial Bank

Government

10-Rupees note is issued by

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National Bank

State Bank

Govt. of Pakistan

Governer State bank

If we put this letter in the blank space we get quantity theory of money PY =M

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S

T

V

A

Circular flow of income links

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Income expenditure

Govt taxes govt expenditure

Exports ,imports

Saving and investment

Which one of the NOT a principle of taxation

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Principle of equality

Pricniple of morality

Principleof certainty

Principle of diversity

Pakistan needs

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Economic planning

Population Planning

Educational Planning

All of the above

They are NOT much affected by rising prices.

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Salaried persons

Business

Debtors

Importers

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