12th Class Economics MCQS Set 1

Google Ads1

12th Class Economics MCQS


Net exports equal
Exports + imports
Exports of services only
Exports x imports
Exports – imports

Who is unemployed
House wife
A peer who lives on gifts from Mureed
A freshly graduated engineer who is searching for a job
College student

What could the government do to correct the current account deficit.
Reduce the surplus on the capital account
Reduce the volume of exports
Reduce the deficit on the balance of trade
Reduce the repayment of loans

National Bank is a
Specialised bank
Microfinance bank
Private Bank
Public sector Bank

Literacy rate is lower in
Males
Urban areas
Famales
b and c of the above

Demand deposits are
Considered as near money
Legal money
Money
Bank notes

Pakistan started its planning experience with
Tokyo plan
Karachi plan
colombo plan
London plan

National income equals
c+s+g
c-i+g
c+i+g
c+i-g

Exchange rate of currencies is determined by supply and demand in system of
flexible
constant
govt. regulated
Fixed exchange rate

This is an advantage of foreign trade
We can get foreign currences
New technology comes to the country
We can preserve our natural resources
people need not go abroad

Continue Reading Go to Next Page

Google Ads