Question # 1

Real national income increases when

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Prics of goods are rising

National savings increases

Quantity of goods and services increases

None of the above

GDP atconstnat prices, calculated according to some base year is called.

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acutal GDP

Real GDP

Net GDP

Nominal GDP

It is NOT an instrument of monetary policy

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Bank rate

Open market operations

Change in resere rato

Issure notes

Pakistan is an economy

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Developing

Developed

Fast growing economy

a and c above

Which type of cheque is more safe for transfer of money

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Cross cheque

Order cheque

Traveller cheque

Bearer cheque

Cash can NOT be directly drawn fro a bank against

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Cross Cheque

Order cheque

Bearer cheque

Traveller cheque

If a person is intrested that his amount shoud be readily available as soon ashe needs he should deposit his money in.

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Demand deposits

Tiem deposit

Saving account

Profit loss account

Medium term plan covers

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Less than 2 years

3 to 5 years

5 to 10 years

10 to 15 years

Value of money means

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General purchasing power of money

Gold purchased by money

Demand for money

Importance of money

Credit money is created by

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Central bank

Commercial Bank

Government

All of the above

Central banks rate of lending to commericalbanks is called.

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Interest rate

Discount rate

Money rate

Inflation rate

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

In the world population wise Pakistan is

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4th

5th

7th

10th

A Triff

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Increase the volume trade

Reduces the volume of trade

Has no effect on volume of tradea

a and c above

Transfer payments are not included in national income becaues.

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Such payments are made to persons livnig abroad

Double counting would result

They are illegal

There is no method to account for these

The countribution of industrial section our GDP is.

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10%

20%

30%

40%

The step will increse saving in Pakistan

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Increase in taxes

Decrease in taxes

increasein population

Increase imports

The government spends on education percentage of GDP

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2

6

8

10

Pakistan exports as percentage GDP are.

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4%

8%

12%

16%

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

We measure natonalincome by this method.

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Expenditure method

Income method

Product method

As of the above

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