Question # 1

What is the full form of IAEA?

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International Atomic Energy Association

Indian Atomic Energy Agency

International Atomic Energy agency

International Atomic Ene3rfy Agency

Which os the main reason of demand pull inflation?

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Increase in money supply

Increase in comercial expenditure

Increase in foreign demand for goods

All of the above

Which is the monetary measure to control inflation?

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Increases in taxation

Decreases in taxation

Soft credit policy

Hard credit policy

To control inflation the central bank should do:

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To sell government securities and to decrease bank rate

To sell government securities and to increase bank rate

To purchase government securities and to increase bank rate

To purchase government securities and to decrease bank rate

An attempt at a cut short, which hits the bottom edge of the bat and travels into the area behind square leg.

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Portuguese cut

Spanish Cut

French Cut

Italian Cut

Who among the following is an acclamied analyst of political parties?

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Lasswell

Laski

Huntington

Duverger

Normal profit occurs when:

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Average revenue equals average variable cost

Marginal revenue equals marginal cost

Average revenue equals marginal cost

Average revenue equals average cost

Pakistan started its first five-year plan in

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1947

1950

1955

1960

A natural mono,poly occurs when:

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Long-run average costs decline continuously through the range of demand

A firm owns or controls some resource essential to production

Long-run average costs rise continuously as out put is increased

Economies of scale are obtained at relatively low levels of output

Who said the history of all hiterto existing society is the history of class struggle,''?

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Engels

Marx

Lenin

Trotsky

According to Keynes, real inflation takes place-

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Before the level of full employment

On the level of full employment

After the level of full employment

All above are true

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