Question # 1

When economic development takes place

Choose an answer

Market imperfections increase

Population increases

Capital stock increases

B and C above

Unemployment tkes place because of.

Choose an answer

High demand for labour

High population growth rate

More exports

Higher education

In circular flow model

Choose an answer

Govt. owns productive resources

Firms own productive resources

Households own productive resorces

Rent of land is not included

Contribution of agriculture in Pakistan's national income is

Choose an answer

19%

29%

39%

49%

Cheque is

Choose an answer

Legal Money

Credit money

Paper money

Not money

It creates difficulties in measuremtn of national income of Pakistan

Choose an answer

Low literacy rate

Parliamentary form of Govt

Huge imports

High Taxes

It is the medium of exchange

Choose an answer

Black money

Currency

Near money

Foreign exchange

Cross cheque has a cross sign in the

Choose an answer

Right side upper comer

Right side lowr comer

It does not have cross sign

Left side upper corner

Paper money in Pakistan is

Choose an answer

Inconvertible

Convertible

Linked to gold

None of the above

The natures of unemployment due to machanization of agriculture is

Choose an answer

Seasonal

Structural

Frictional

Permanent

Pakistan's domestic saving rate is

Choose an answer

2%

7%

17%

27%

It would increase the lvel of national income.

Choose an answer

An increase in taxation

A reduction in governmnet spending

An increase in exports

Students scholarships

Threre are methods of measurieng natinal income

Choose an answer

5

4

2

3

Which is a monetary measure to increase employment.

Choose an answer

Increase in govt expenditure

Reduce govt expenditure

Increase in interest rate

Reducing intrest rate

First women bank is

Choose an answer

Govt Bank

Privat bank

Non Scheduled bank

Investment Bank

Contribution of Industrial sector in Pakistan economy is.

Choose an answer

24%

14%

Less than 10%

Govt. taxatio and spending policieis are called.

Choose an answer

Fiscal policy

Monetary policy

Commercial policy

Finance policy

State Bank policy of regulating intrst rate is called.

Choose an answer

Monetary policy

Commerical policy

Banking policy

Fiscal policy

Commodity sector contributes to national income of Pakistan.

Choose an answer

40%

50%

60%

70%

According to Malthus Population increases by Pogression of kind

Choose an answer

Systematic

Arithmetic

Geometric

Automatic

Demand depostis are.

Choose an answer

Money

Banks notes

Legal money

Considerd and near money

More Classes

Other Links

Principles of Economics Icom Part 2 English Medium Online Test MCQs With Answers

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer