12th Class Economics MCQS Set 1

12th Class Economics MCQS


When the State bank wants to decrease money supply in the country it
Buys govt securities in stock market
Lowers discount rate
B and C of above
Sells govt securities

The government of the Punjab have the ______ item of expenditure
6
9
8
7

If a country growth rate were 5% it means there would be 5% increase in
retail price index
Industrial output
goods and services producad
Government revenue

How many features of socialism
8
7
9
10

Pakistans saving rate is
35%
5%
15%
25%

When a commercial bank creates credit its immediate effect is that it raises
The money supply
The interest rate
The real national income
The exchange rate

Direct taxes are not included in
PI
DP
a and c of above
NNP

When a commercial bank creates credit it immediately raises
Money supply
Its liabilities
Real national income
Its assets

Central banks rate of lending to commercial banks is called.
interest rate
Discount rate
Money rate
control rate

Govt. prepares its budget
Weekly
Monthly
Quarterly
Annually

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