12th Class Economics MCQS Set 2

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12th Class Economics MCQS


To determine the correct level of GNP it is necessary to
To add up the value of semi finished goods
To count all imports
Add up all savings
To add up the values of goods and services during one year

It is not included in estimation of national income.
services of house wife
all are not included
illegal income
imports

Literacy rate in Pakistan is
43%
53%
73%
33%

Contribution of industrial sector in Pakistans GDP is
18%
38%
48%
28%

If indirect taxes are deducted from NNP and subsides are added we achieve
DPI
National Income
Personal savings
Per capital income

How many features of Islamic economic system
16
14
17
15

Rising prices of goods in Pakistan will:
Increase both exports and imports
Increase our exports
Increase our imports
Not affact exports or imports

Pakistan is an economy.
Fast growing economy
a and c of above
Developing
Developed

One of the following is NOT a feature of private finance
Secrecy
Publicity
Balancing of income and expenditure
Saving some part of income

It can change money supply
Government
Supreme Court
State Bank
National Assembly

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