Question # 1

Exchange rate for currencies is determined by supply and demand in system of.

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Fixed exchange

flexible

Constatn

Regulated

The quantity demanded of money rises.

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As the intrest rate falls

As the intrest rate rises

As the supply of money falls

As the number of banks rises

When economic development takes place

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Market imperfections increase

Population increases

Capital stock increases

B and C above

Government securities.

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MeanCurrency

Are near money

Are bought and sold on stock exchange market

B and C of above

Largest Sector of Pakistan economy is.

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Agriculture

Industry

Transport

Services

Cheque is

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Legal Money

Credit money

Paper money

Not money

It is not included in estimation of national incoe

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Illegal income

Services of house wife

Imports

All are not included

It is avoided to make correct estimate of national income.

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Free services

Double counting

Export earnings

All of the above

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

Out of the following the only reconised legal lender is.

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Bank notes

Cheque

Draft

Credite card

Cross cheque has a cross sign in the

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Right side upper comer

Right side lowr comer

It does not have cross sign

Left side upper corner

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

Which is likely to be higher in a developing country like Pakistan.

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Birth Rate

GDP per head

Life expeciancy

Net investment per head

IMF Means

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International Monetary Funds

Inernational Money Flow

International Money Forum

Internaional Monetary finance

This wil cause anincrease in national income

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Rise in exports

Fall in consumer spending

Rise in imports

Increase in saving

Central Bank rate lending to commercial banks is called.

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Discount rate

Money rate

Control Rate

Interest rate

Ric countries have deficit in their balance of payments

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Some times

Never

Atternatee years

Always

National Income is.

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Total Income earned in producing the national product

All taxes plus govt. spending

Sum of personal income and saving

NNP minus the capital consumption allowance

Which is considered liablility by a bank

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Loans

Bank building and equipment

Time deposit

Securities

Visible exports include

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Remittance

Computer Hardware

Computer software

Transport cost

The percentage of our labour force workign in agricultureis.

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13%

24%

33%

43%

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