Question # 1

Value of money and supply of money are related.

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Inversely

Directly

Govt.Law

Are not related

Every country establishes centralbank to

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Issue notes

Supervise commerical bank

Giveloans to businessmen

a and b of above

It is included in kind of money

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Legal money

Credit money

Taken money

All of the above

A closed economy is best described as one in which

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thre are no monopolies

No corporations

No extemalities

No international trade

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

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Fixed exchange

flexible

Constatn

Regulated

Commercial bank in Pakistan are supervised by

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State Bank

National Bank

Finance Minister

World Bank

It is NOT an instrument of moneatry policy

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Discount Rate

Open market operation

Change in reserve ratio

Issue notes

Which is the charactertistic of good money

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Has good design

Has high value

Has a fixed value in gold

Is readily accepted by people

Treasury bill is used for

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Getting short term loans by central bank

Getting long term loans

Collecting govt. taxes

Make payments of utility bills

Pakistan Per capita income of constnat prics in 2020 is in dollars

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1450

2450

4450

6450

Pakistan exports as percentage GDP are.

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4%

8%

12%

16%

Central Bank rate lending to commercial banks is called.

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Discount rate

Money rate

Control Rate

Interest rate

In foreign trde protection policy means.

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Restrictions on imports

Restrictions on exports

Restriction on transfer of foreign exchagne

All of the above

Whom of the followng propounded principles of taxation

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Keynes

Adam Smith

Marshall

Ghazali

Demand deposite mean

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Saving account

Chequeable deposits

Profit loss account

Time deposits

Which statment is true

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NNP =GNP- Deprection

NNP =N1

NNP = DPI

NNP = GNP + Depreciation

Corporae tax is levied on

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Landdlords

Inporters

Big companies

Municipal corporations

Pakistan's domestic saving rate is

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2%

7%

17%

27%

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

Personal income includes.

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Direct taxes

Indirect taxes

Depreciation

None of the above

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