Question # 1

Largest Sector of Pakistan economy is.

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Agriculture

Industry

Transport

Services

Base year of Pakistan for natonal accounting is.

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1985-86

1995-96

2005-06

2015-16

State bank of Pakistan is run by

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Board of directors

Board of managers

Board of govenors

Board of bankers

Who is unemployed

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House wife

College Student

Afreshly graduated engineer who is searching for a job

A peer who lives on gifts from murreds

It is transfer payment

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Payment o college tuition

A social securiy payment

Payment for a leased car

Intrest paid for a bank loan

Contribution of Industrial sector in Pakistan economy is.

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24%

14%

Less than 10%

Market value of all final goods and services produced in a country during a year is definition

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GNP

NNP

NI

Consumption

Which measure has the larger value .

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NNP

GNP

GDP

NI

Net exports equal

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Exports x imports

Exports + imports

exports- imports

None of the above

It is assumption of quantity theory of money

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Velocity of circulation of money constant

Affects only industrial sector

Makes distribution of national income better

Has no effect on distribution of income

The receipt of payments for goods exported and imported are counted in .

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Capital Account

Trade Account

Current account

Monetary account

It helps countries to meet deficit in balcne of payments.

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IMF

WTO

World Bank

UNO

Balance of payments of country includes.

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Current account

Monetry Account

Capital Account

All of the above

Investment spending included the purchase of.

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Lottery coupon

Prize Bond

Residential construction

all of the above

Commodity sector contributes to national income of Pakistan.

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40%

50%

60%

70%

GDP atconstnat prices, calculated according to some base year is called.

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acutal GDP

Real GDP

Net GDP

Nominal GDP

If we deduct direct tax from personal income we get.

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Net National income

Disposable income

Personal saving

Per capital income

Rupee is a coin

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Full value

Token money

Credite money

Convertible

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 one of the NOT a principle of taxation

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Principle of equality

Pricniple of morality

Principleof certainty

Principle of diversity

Unemployment rate in Pakisan is

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6%

16%

20%

More than 20%

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