Question # 1

A country does not trade with othr contries is called an economy

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Open

Closed

Independent

None

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

When a commercial bank creaes credite. Its immediate effect is tha tit raises.

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The exchange rate

The money supply

The interest rate

The real national income

The most importnat fature of money

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General acceptability

Store of value

Covertibility into gold

Medium of exchange

Barter means.

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Trade through metallic money only

Trade of goods ony excluding services

Trade without use of money

Trade of low value goods only

Govt. transfer payment include

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Social security benefits

Welfare benefits

Student scholarships

All of the above

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

The have a functional relation

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Consumption and national income

Consumption and saving

Consumption and investment

All of the above

Progressive taxes

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Incereasegovernemnt revenue

Bring equality in distributio nof incomes

Act as panality for rich people

a and b of above

State Bank was established in

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1948

1950

1952

1954

The largest part of national income goes to

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Consumption

Investment

Saving

Transfer payment

Government securities.

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MeanCurrency

Are near money

Are bought and sold on stock exchange market

B and C of above

It is the medium of exchange

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Black money

Currency

Near money

Foreign exchange

The largest type of income in the Pakistan is

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Compensation of employees

Rental income

Proprietors income

Coporate profits

In the equation MV =PY represents

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Money supply

Money Demand

Maximum output

Minimum Optput

If we deduct direct tax from personal income we get.

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Net National income

Disposable income

Personal saving

Per capital income

We measure natonalincome by this method.

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Expenditure method

Income method

Product method

As of the above

Infrant mortality rate in Pakistanis.

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45

65

85

105

Population Growth rate in Pakistan is

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0.9%

19%

2.9 %

3.9%

Trade between two countries can be useful if cost ratios of goods are.

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Equal

Different

Undertimed

Decreasing

Cross cheque has tow lines drawn on

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Right side upper corner

Left side upper corner

Right side lower corner

In the Centre

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