12th Class Economics MCQS
Tax is a payment
Unnecessary
Compulsory
Voluntary
Temporary
Which organisation controls the banking system in most countries
Central bank
Investment bank
World bank
Commercial bank
Velocity of circulation of money means the number of times a unit of money
Changes purchasing power
Changes hands daily
Changes hands monthly
Changes hands annually
Federal govt. budget estimate for 2015-16 is about
4400 billion
4400 million
Bigger than 4400 trillion
4400 trillion
Direct taxes are not include in
NNP
DPI
A and c above
PI
Foreign exchange reserves increases if
Imports increase exports remain the same
Exports increase imports remain the same
Govt. increases taxes
a and b above
According to keynes demand for money is affected by
Literacy rate
A and b of the above
Rate of interest
Income
Government finance is called
National finance
Public finance
Private finance
A and b of above
Size of Pakistans 8th pla was in rupees.
2700 billion
1700 billion
3700 billion
700 billion
Which one is per capita income
Per family income
Per person income
Per worker income
Per industrial unit income
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