Question # 1

In Pakistan money a account is

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Paisa

Rupee

Gold

Dollar

Which statment is true

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NNP =GNP- Deprection

NNP =N1

NNP = DPI

NNP = GNP + Depreciation

In circular flow model

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Govt. owns productive resources

Firms own productive resources

Households own productive resorces

Rent of land is not included

Which statment is true

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National Income = Naional expenditure - indirettaxes

N1 =GNP -NNP

N1 =P1

NI =NNP-Indirect taxes

Oneof he following is NOT a feature of private finance.

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Balancing of incoem and expenditure

Secrecy

Publicity

Saving some part of income

This is a characeristics of good money

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High intricnsic value

General acceptability

Atractive design

Easy of duplicate

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

Whis is the largest figure

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NNP

GNP

DPI

PI

10-Rupees note is issued by

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National Bank

State Bank

Govt. of Pakistan

Governer State bank

Which one is per capita income is

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Per worker income

Per person Income

Per family income

Per Industtrial unit income

Corporae tax is levied on

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Landdlords

Inporters

Big companies

Municipal corporations

Which of the followign is not included in personali income

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Social security benefits

Dividend payments

Undistributed corporate profits

Interest received from of saving certificates

Policy of Protecton in trade

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Facilitates trade

Protects local producers

Protects foreign producers

Protects exporters

Many People do not send their children to schools because of

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Their own illiteracy

Harsh teahers

Poverty

All of the above

Which is considered liablility by a bank

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Loans

Bank building and equipment

Time deposit

Securities

Ric countries have deficit in their balance of payments

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Some times

Never

Atternatee years

Always

Total value of allfinal goods andservices produced annually by a country.

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NNP

GNP

GDP

NI

Transfer payments are not included in national income becaues.

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Such payments are made to persons livnig abroad

Double counting would result

They are illegal

There is no method to account for these

It is included in kind of money

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Legal money

Credit money

Taken money

All of the above

The largest type of income in the Pakistan is

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Compensation of employees

Rental income

Proprietors income

Coporate profits

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