Question # 1

Which of the following would increase national income.

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Increase in taxation

incerese in savings

Increase in govt spending

Decrease in consumption spending

Measurement of economic development is based on.

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Monetary income

Real Income

Future income

Permenent Income

For the economy prices are beneficial

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Falling slowly

Rising slowly

Rising fast

Falling fast

Which statment is true

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NNP =GNP- Deprection

NNP =N1

NNP = DPI

NNP = GNP + Depreciation

Productive of labour can be increases by

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Raising minimum wages

Raising avarege wages

Increaseing skills of workers

All of the above

The largest sector of Pakistan economy

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Transport

Agriculture

Industry

Trade

Pakistan per capita income in less than.

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Japan

India

Korea

All

Demand depostis are.

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Money

Banks notes

Legal money

Considerd and near money

Theory of omparative advantages was presented.

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Ricardo

Adam Smith

Hicks

Arshad

Ric countries have deficit in their balance of payments

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Some times

Never

Atternatee years

Always

The equation of exchange PT =MV was given by

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Fisher

Crowther

Kuznet

Keynes

Govt. prepares its budget

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Weekly

Montly

Quarterly

Annually

Whis is the most widely used tool of monetary policy

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Open market operation

Clearing house

Discount rate

Issuing of the note

Oneof he following is NOT a feature of private finance.

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Balancing of incoem and expenditure

Secrecy

Publicity

Saving some part of income

Which of the following would NOT be included in GNP

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Govt. Transfer payments

Got. Purchase of an air plane

Payment for construction of highway

Salary paid for the presidents secretary

Working population is percent of total population of Pakistan.

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23%

33%

43%

53%

It is NOT an instrument of monetary policy

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Bank rate

Open market operations

Change in resere rato

Issure notes

Which measure has the larger value .

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NNP

GNP

GDP

NI

Unemployment rate in Pakisan is

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6%

16%

20%

More than 20%

The money called legal tender includes.

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Currency notes and credit cards

Currency notes and bank deposits

Currency notes and coins

Currency notes and cheques

This will cause decrease in natioal income.

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Rise in exports

Rise in saving

Increas in taxese

B and C above

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