12th Class Economics MCQS
This steps will increase investment in Pakistan.
Increase in population
Increase in saving
Increase in taxes
Increase import
Velocity of circulation of money means.
total supply of money
Annual increase in currency notes
Total demand for money
Number of times a unit of money changes hands
In equilibrium of national income
S< 1
S = 1
All are true
S > 1
Pakistan started its first five-year plan in
1950
1955
1960
1947
It is included in kinds of money
token money
all of the above
credit money
Legal money
It is drawback of free trade
Prices of local goods rise
Government looses income from custom duties
a and b of above
National resources are underutilized
National bank of pakistan was established in
1959
1969
1949
1979
Which is the basic economic problem which is common in all economic systems.
Allocation of scarce resources
elimination of inflation
to reduce taxation
to increase imports
Rich countries have deficit in their balance of payments
Never
Sometimes
Always
Alternate years
Which of the following is a withdrawal from the circular flow income stream
Taxation
Subsidies
Investment
Consumption
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