I.Com Part 1 Principles of Economics Chapter 12 International Trade Short Question Preparation


11th Class Principles of Economics
Chapter 12 International Trade Preparation

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11th Class Principles of Economics Chapter Wise Preparation

Online Short Questions For Chapter 12 "ICOM Part 1 Economics English Medium Chapter 12 Short Questions Preparation "

Try The Short Questions For ICOM Part 1 Economics English Medium Chapter 12 Short Questions Preparation

  • Total Questions10

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Principles of Economics ( English Medium) - ICOM Part 1 Economics English Medium Chapter 12 Short Questions Preparation

Question # 1

What is cost push inflation ?

  • Ans 1: When general price level increases due to increase in cost of production is known as cost push inflation.
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Prepare Complete Set Wise Questions For Chapter 12 "ICOM Part 1 Economics English Medium Chapter 12 Short Questions Preparation "

ICOM Part 1 Economics English Medium Chapter 12 Short Questions Preparation - Set 1

Question # 1

What is cost push inflation ?

  • Ans 1: When general price level increases due to increase in cost of production is known as cost push inflation.
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ICOM Part 1 Economics English Medium Chapter 12 Short Questions Preparation - Set 2

Question # 1

What is meant by token money ?

  • Ans 1: If the face value of coin is greater than the value of metal it contains, it is known as token money. In Pakistan one, two and five rupees are called token money.
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ICOM Part 1 Economics English Medium Chapter 12 Short Questions Preparation - Set 3

Question # 1

What is paper money ?

  • Ans 1: Paper money includes all currency notes issued by Central Bank and government. In Pakistan currency notes Rs. 10, 20, 50, 100, 500, 1000, 5000 are called paper money.
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11th Class Principles of Economics Chapter 12 Preparation

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