Question # 1

Foreign Trade

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Increses employment opportunites

Increases international mobility of labour

Increases competition

All of the above

Net exports equal

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Exports x imports

Exports + imports

exports- imports

None of the above

Average growth rate of Pakistan's national income in past five years have been

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3%

13%

23%

33%

Contribution of Industrial sector in Pakistan economy is.

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24%

14%

Less than 10%

Litracy rate is lower in

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Males

Females

Urban Areas

B and C above

In calculating national income which one will NOT be included.

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Exports

Old age pensions

Wages of lecturer

Undistributed profit by firms

Govt. prepares its budget

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Weekly

Montly

Quarterly

Annually

Convert money means.

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It can buy goods

Govt. give gold against

Illegal money

Low value money

National Bank of Pakistan was established in

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1949

1959

1960

1979

When National income is estimated by expenditue method we include.

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All govt expenditure

All houseolds expenditure

All of the above

All expenditure of the business sector

Drung inflation

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Lenders lose borrowers gain

Borrowers and lenders both ose

Borrows lose lenders gain

All sections of the society gain

In Pakistan, taxes are leived by

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Prime Minister of Pakistan

President of Pakistan

Federal cabinet of ministers

National Assembly

Theory of omparative advantages was presented.

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Ricardo

Adam Smith

Hicks

Arshad

Value of money in pakistan in determined by

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Govt of Pakistan

General Price Level

State Bank Pakistan

Value of Dollar

It is direct tax

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Excise tax

Sales tax

Income tax

Custom duty

Open Market Operations is

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Buying and selling govt securities

Buying and selling shares of companies

Buying and selling bills of exchange

Buying and selling foreign exchange

Ten Rupee note is

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Token money

Creadit money

Legal Money

a and c of above

Balance of payments of country includes.

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Current account

Monetry Account

Capital Account

All of the above

Mobility of labour

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Increases efficiency of labour

Spolic labour

Incrresases division of labour

a and c above

Nationalisation of banks was done in

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1974

1976

1978

1980

Which type of cheque is more safe for transfer of money

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Cross cheque

Order cheque

Traveller cheque

Bearer cheque

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