Question # 1

Economic planning in Pakistan started

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During 1950s

During 1960s

During 1970s

During 1980s

Which one is per capita income is

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Per worker income

Per person Income

Per family income

Per Industtrial unit income

Pursching power of money during defiation is.

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Increased

Reduced

Constant

Fluctuating

All are advantages of oreign trade Except.

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People get foreign exchange

Difference in politicla system

Difference in markets

Difference in ideology

It is not included in estimation of national incoe

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Illegal income

Services of house wife

Imports

All are not included

Value of circulation money means by number of times a unit of money

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Change hands daily

Change hand annually

change hands montly

Change purchacing power

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

The most importnat fature of money

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General acceptability

Store of value

Covertibility into gold

Medium of exchange

Which is not a Function of money

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Make demand and supply equal

Medium of exchange

Store of value

Meaasure of value

Transfer payments means

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Bank loans

The payment without work

Tax payments

Payments made to all factors of production

Profit and losss sharing is basis of finance under this system.

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Islamic

Capitalistic

Socialistic

None

Which statment is true

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NNP =GNP- Deprection

NNP =N1

NNP = DPI

NNP = GNP + Depreciation

Forest cover in Pakistanis.

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2%

4%

6%

8%

Circular flow of income links

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Income expenditure

Govt taxes govt expenditure

Exports ,imports

Saving and investment

Country is poor if it has.

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Less production of gods per capita

Less amount of gold

Less amout of foreign currency

Less exports

Out of the following the only reconised legal lender is.

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Bank notes

Cheque

Draft

Credite card

National Bank of Pakistan is

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Industrial Bank

Commercial Bank

Central Bank

Investment Bank

National Bank of Pakistan was established in

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1949

1959

1960

1979

Contribution of agriculture in Pakistan's national income is

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19%

29%

39%

49%

Which is a function of commercial bank

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Acting as a govt. banker

Fixing the exchange rate

Making loans

Issueing bank notes

It is counted in GDP

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Sale price of an old car

A TV set produced this year but not sold

Purchase of 100 shares of PSO

The leisure people consume

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