12th Class Economics MCQS
Largest share of Pakistans exports go to
Japan
England
USA
China
The balance of payment account of a country includes
Both and c of the above
smuggling transactions
loans and aid
Official transfer of foreign exchange
A tariff
A and C of above
Reduces the volume of trade
Has no effect on volume of trade
Increases the volume of trade
The labour force participation rate is
Proportion of population working or seeking work
Proportion of working populaion
Female working population
Proportion of skilled workers in the population
Commodity sector contributes to national income of Pakistan
70%
50%
60%
40%
If balance of payment country is in deficit then
Current account will be in deficit
Country can increase money supply to end deficit
a and c above
The country can borrow from abroad
Which system of taxation does the table represents?
Proportional
Regressive
Progressive
Indirect
How many types of trade
3
4
5
2
Pakistans fiscal year starts from
1st September
1st April
1st July
1st January
Our experts mainly consist of
a and c of above
Sports goods
Machinery
Cotton products
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