Question # 1

Treasury bill is used for

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Getting short term loans by central bank

Getting long term loans

Collecting govt. taxes

Make payments of utility bills

National income equals.

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c+ I+g

c-i-g

c-s-g

c+s+g

The government spends on education percentage of GDP

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2

6

8

10

It would increase the lvel of national income.

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An increase in taxation

A reduction in governmnet spending

An increase in exports

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In GNP of pakistan rises. It will encourage

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Exports

Imports

Both

None

State bank of Pakistan is run by

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Board of directors

Board of managers

Board of govenors

Board of bankers

Pakistan's domestic saving rate is

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2%

7%

17%

27%

10- Rupees note is issued by

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National Bank

State Bank

Govt of Pakistan

Governour State bank

When the nations money supply is Rs. 1200 million and GDP is Rs. 4800 billion. velocity of circulation money is.

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0.25

4

0.4

Billion Rupees

It is not a facor of economic development

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Money

Land

Capital

Technology

It creates difficulties in measuremtn of national income of Pakistan

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Low literacy rate

Parliamentary form of Govt

Huge imports

High Taxes

If we include it. national income will be over estimated

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Transfer payment

Income from abroad

Illegal income

Exports

Every country establishes centralbank to

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Issue notes

Supervise commerical bank

Giveloans to businessmen

a and b of above

Pakistan started its first five year plan in

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1947

1950

1955

1960

Pakistan Started its planning expence with

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Colombo plan

Tokyo plan

Karachi Plan

London Plan

It is transfer payment

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Payment o college tuition

A social securiy payment

Payment for a leased car

Intrest paid for a bank loan

Which of the following is international trade

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Trade between provinces

Trade between countries

Trade betwene regions

Trade between continents

It is included in kind of money

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Legal money

Credit money

Taken money

All of the above

Demand deposite are

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Bank notes

Money

Considered as ner money

Legal money

In equilibrium of nationalincome.

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S > I

S = I

S < I

All are true

Consumption spending does NOT include.

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Household's purchases of clothes

Household's purchase of a car

Household's paymnet of rent for an apartment

Household's purchase of shares of a business corporation

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