Question # 1

Value of money and supply of money are related.

Choose an answer

Inversely

Directly

Govt.Law

Are not related

Aggregate demand means.

Choose an answer

Aggregate saving

Aggregate Income

Aggregate investment

Aggregate expenditure

They are NOT much affected by rising prices.

Choose an answer

Salaried persons

Business

Debtors

Importers

IMF Means

Choose an answer

International Monetary Funds

Inernational Money Flow

International Money Forum

Internaional Monetary finance

Which type of cheque is least safe for transfer of money

Choose an answer

Bearer cheque

Traveller cheque

Order cheque

Cross cheque

Which of the following would NOT be included in GNP

Choose an answer

Govt. Transfer payments

Got. Purchase of an air plane

Payment for construction of highway

Salary paid for the presidents secretary

Mobility of labour

Choose an answer

Increases efficiency of labour

Spolic labour

Incrresases division of labour

a and c above

Which type of card is not issued by central banks

Choose an answer

Credi card

Debit card

ATM Card

None is issued by it

It is counted in GDP

Choose an answer

Sale price of an old car

A TV set produced this year but not sold

Purchase of 100 shares of PSO

The leisure people consume

When economic development takes place

Choose an answer

Market imperfections increase

Population increases

Capital stock increases

B and C above

Which one is per capita income is

Choose an answer

Per worker income

Per person Income

Per family income

Per Industtrial unit income

In erms of national income accounts, multiple counting efers to.

Choose an answer

The addition to GNP of multiple units of a good

Counting cureently producedgoods more than once

The inclusion in GNP of gross spending and taxes

Counting both goods and services

Cash can NOT be directly drawn fro a bank against

Choose an answer

Cross Cheque

Order cheque

Bearer cheque

Traveller cheque

Rupee is a coin

Choose an answer

Full value

Token money

Credite money

Convertible

When value of money falls, they benefits more

Choose an answer

Debtors

Lenders

Farmers

Industrialist

IMF has given loan to Pakistan. It wilimprove Pakistan's

Choose an answer

Current account

Capital Account

Overall balance of payments

B and c above

Acting as lender of last resort a cenral bank lend to.

Choose an answer

Money market

Stock exchange

Commercial Bank

Does not lend

It is not included in estimation of national incoe

Choose an answer

Illegal income

Services of house wife

Imports

All are not included

In foreign trde protection policy means.

Choose an answer

Restrictions on imports

Restrictions on exports

Restriction on transfer of foreign exchagne

All of the above

Short term loans can be obtained in.

Choose an answer

Money market

Capital market

Exchange market

Stock Market

National Income = Ntional Expenditure is an

Choose an answer

Equation

Identity

Function

None

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