Question # 1

ESPN stand for:

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Entertainment sports network

entertainment sports programming News Paper

Entertainment sports Programming Network

None of the above

Which government income is included in revenue budget?

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Tax-revenue

Non tax-revenue

Both of above

None of the above

The standard of living is often measured by:

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Real GDP per capita

Real GDP

Real GDP population

Real GDP plus depreciation

Which one of the following is not a demerit of party system?

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Parties fight for their own interest

Party system destroys the individuality of man

Parties produce unnatural divisions

Parties harmonise the organs of government

What is the technical name for conventional genre of poetry that usually celebrates the simplicity of rural life:

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Pastoral

Epic

Elegy

Ode

To reduce the supply of money the government could:

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Reduce interest rates

Buy back government bonds

Sell government bonds

Encourage banks to lend

What is necessary to control cost push inflation?

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To impose control on wages of labour

To remove market imperfections

Both of the above

None of the above

Profits is caused by-

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Dynamic element in the economy

Innovation

Windfall

All of the above

The unproductive expenditure of the rich is Necessary to the employment of the poor:

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An impediment to the growth of an economy

Having no bearing on the economy of the rich

Having no bearing on the economy

having bearing only on the economy of the rich

One in which people's economic affairs can take place freely but are subject to some government intervention and regulation:

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Traditional economy

Command economy

No such thing

Mixed economy

In the world population-wise Pakistan is

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3rd

4th

6th

8th

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