12th Class Economics MCQS Set 1

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12th Class Economics MCQS


Pakistan exports as percentage GDP are
16%
12%
4%
8%

Aggregate demand means
Aggregates investment
Aggregate saving
Aggregates expenditure
Aggregates income

Quantity of money has relation with values of money
Indirect
Inverse
Direct
No relation

Cash can not be directly drawn from a bank against
Order cheque
Bearer cheque
Traveller cheque
Cross cheque

If quantity of money increases 100% other remaining constant value of money changes by
Increases by 100%
Does not change
Decreases by 100%
Decreases by 200%

Government securities.
b and c above
are bought and sold on stock exchanges market
are near money
Mean currency

If CDA gets a loan from world bank for roads it will be recorded in the balance of payments in the section.
Capital account
official financing
Visible balance
Invisible balance

If you borrow from a bank the amount which the bank charges is called
Borrowing rate
Interest rate
Bank rate
Discount rate

Commercial banks in Pakistan are supervised by
World Bank
State bank
Finance Minister
National bank

Bank discount it and advance loans
Gold
Draft
Bill of exchange
Pay order
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