Question # 1

If the minimum wage is set above the equilibrium wage rate then other things unchanged:

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There will be equilibrium in the labour market

There will excess demand in the labour

There will be excess supply in the labour market

More people will be employed

Which of the following is not a way of helping developing economies?

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Aid

Loans

Protectionism of developed markets

Training and education programmes

Who wrote 'The general Theory of Employment,interest and money''?

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Woodrow wilson

David Hume

Paul Samuelson

John Maynard Keynes

State Bank of Pakistan was established in:

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1st july 1948

1st july 1950

1st july 1952

1st july 1954

In the medical field and Psychology the abbreviation ADD stand for what?

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Adrenal Glandular Dysfunction

Atrium Deficit disorder

Arterial Distal Disorder

Attention Deficit Disorder

PIN stand for:

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Personal Identification Number

Pass Identification Number

Personal Ideological Number

None of the above

What does AAR stand for?

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After action request

After action review

Alternate action request

Alternate action review

What is the Essence of Control?

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To take decision

To take corrective action

To make enquiry

To motivate

What is full form of the OAU?

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Organization of Asian Unity

Organization of African Unity

Organization of American Unity

Organization of Allied Universities

What is the main cause of inflation?

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Increases in money supply

Fall in production

Increases in money supply and fall in production

Decreases in money supply and fall in production

What usually constitutes the main source of a governments income:

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Loans

Taxes and levies

Profits form business undertakings

Grants form world Bank

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