12th Class Economics MCQS Set 10

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12th Class Economics MCQS


Long term loans can be obtained in
stock market
capital market
exchange market
Money market

The share of 20 % of population with forms the lowest income group gets share of Pakistans national income as
15%
12%
6%
9%

International trade is possible primarily thorough.
Generalization in production of all goods
Specialization in production of one good
Specialization in production of a few goods
Al of the above

National income = National expenditure is an
None
Function
Identity
Equation

Import of Petroleum makes Pakistans import bill
15%
35%
45%
25%

National Bank of Pakistan is
Commercial bank
Industrial bank
Central bank
Investment bank

In Pakistan government budget is prepaid by
State bank of Pakistan
Ministry of finance
National assembly
President of Pakistan

Two countries can gain from foreign trade if
Tariff rates are different
A and C of above
Cost ratios are different
Price ratios are different

Islam is a complete ______ of life
Both a and b
None of these
Particular
Code

How the government can meet its expenditure
By all the three methods
By taxing people
By borrowing from banks and other governments
By printing new money
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