Question # 1

Which of the following is a withdrawal from the circular flow of income stream.

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Taxation

Consumption

Subsides

Investment

When value of money falls, they benefits more

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Debtors

Lenders

Farmers

Industrialist

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 considered as investment

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Construction of a house

Purchase of an old house

Salaries of college professors

a and b above

If indirect taxes are deducted from NNP and subsidies are added. we achieve

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Personla savings

DPI

National Income

Percapita inocme

Taxes on commodities are

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Direct taxes

Indirect Taxes

Progressive taxes

Propotional taxes

Convert money means.

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It can buy goods

Govt. give gold against

Illegal money

Low value money

When economic development takes place

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Market imperfections increase

Population increases

Capital stock increases

B and C above

Cash cannot be directly obtaines from a bank against

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Cross cheque

Order cheque

bearer cheque

Traveller cheque

Every country establishes central bank to

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Issue currency

To establish commercial bank

Toprepare governemnt budget

All of the of above

The four factor payments are.

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Money, Capital, salaries, and income

Wages, rent internest and profts

Money, power, Prices, and wwalth

Wags, intrest, salareis,andtaxes.

Per capita Incom is.

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Income per worker

Incomeper hea

Income per household

Income per industrial unit

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

National income is a measure of

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The zise of government revenue

Payments made to facor of production

Production f goods per day

Total working hours

Who is unemployed

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House wife

College Student

Afreshly graduated engineer who is searching for a job

A peer who lives on gifts from murreds

The receipt of payments for goods exported and imported are counted in .

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Capital Account

Trade Account

Current account

Monetary account

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

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

Equilibrium of national income will be when

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S >I

S < I

S = I

S - 1

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

IMF Means

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International Monetary Funds

Inernational Money Flow

International Money Forum

Internaional Monetary finance

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