12th Class Economics MCQS Set 1

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12th Class Economics MCQS


When a central bank wants to increase money supply in circulation.
a and b of above
Purchases govt.securities
Lower bank rate
directs banks to advance more loans

Which organisation controls the banking system in most countries
Central bank
Investment bank
World bank
Commercial bank

Speculative demand of money depends upon
investment
Income
Central bank
Rate of investment

Market value of all final goods and services produced in a country during a year is definition of
Consumption
GNP
NI
NNP

A TV set purchased from a retail store is an example of
Surplus goods
Final goods
Intermediate good
Capital goods

Which is the most widely used tool of monetary policy
Discount rate
Open-market operations
Clearing house
Issuing of notes

The bank established for loans to very small enterprises ins called.
Modaraba Bank
First mini Bank
SME Bank
Micro finance bank

Devaluation of currency can help to increase exports if elasticity of demand of exportable items in other countries is
Less than one
Zero
Equal to one
Greater than one

Terms of trade of developing countries are generally unfavourable because
They export few goods
They import value added goods
A and B of above
They export primary goods

State bank of Pakistan is run by
Board of governors
Board of managers
Board of directors
Board of bankers

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