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

  • Available Sets3

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

Question # 1

Define legal tender money.

  • Ans 1: That money which is legally accepted as medium of exchange in all transactions. In Pakistan all coins and currency notes are legal tender money.
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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

Define legal tender money.

  • Ans 1: That money which is legally accepted as medium of exchange in all transactions. In Pakistan all coins and currency notes are legal tender money.
Submit

ICOM Part 1 Economics English Medium Chapter 12 Short Questions Preparation - Set 2

Question # 1

Write any four positive effects, if inflation.

  • Ans 1: 1. Increase in production.
    2. Increase in employment.
    3. Increase in investment.
    4. Increase in economic development.
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ICOM Part 1 Economics English Medium Chapter 12 Short Questions Preparation - Set 3

Question # 1

How many kinds are of legal tender money ?

  • Ans 1: It has two kinds:
    i. Limited legal tender money.
    ii. Unlimited legal tender money.
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11th Class Principles of Economics Chapter 12 Preparation

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