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
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