Question # 1

Ultimate burden of tax is known as

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Impact

Incidence

shifting of tax

Property tax

What does the FBI stand for?

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Federal Bureau of Investigation

Frank and Ben Inc

French Banking industry

Father Brother ideas

What does USMC stand for?

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Uncle Sam's Misguided children

United states Marine corpse

United states Marine corps

United states Military company

When internal economics of scale occur:

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Total costs fall

Marginal costs increase

Average costs fall

Revenue falls

The word 'Polis' relates to:

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Police

Civil Administration

City State

Public opinion

A constitutional government stands for:

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a limited government

a government run according to the provisions of the constitution

a government run according to the wishes of the rulers

a government run according to the wishes of the party bosses

A constitutionally recognized body is-

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Planning Commission

Finance commission

Forward Commission

Farmers Commission

Carne Ross former British diplomat is related:

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Freelance Diplomacy

Track II diplomacy

Shuttle diplomacy

Track I diplomacy

When the rate of money inflation increase then the prices of commodities?

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Increase

Decrease

Remain constant

Do not change

Process of economic development means:

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Economic change

Social change

Ethical, institutional and cultural change

All of these

Which is the largest import Pakistan?

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Food

Petroleum

Fertilizer

Medicine

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