12th Class Economics MCQS
The balance of payments of country means
The annual account of foreign trade
Balance in income and expd. of govt
Balance in export and import earnings
Balance in demand and supply of money
There are stock exchanges in Pakistan
4
3
1 (three have combined)
5
Under normal circumstances the velocity of circulation of money in a country is:
zero
100%
less then 10
Negative
Acting as lender of last resort a central bank lends to
Money markets
Stock exchange
Commercial banks
Does not lend
Total number of bank branches in Pakistan is
More than 20000 but less than 25000
More than 10000 but less than 15000
More than 5000 but less than 10,000
More than 15000 but less than 20000
Which is not the function of money
Make demand and supply equal
Medium of exchange
Store of value
Measure of value
Unemployment due to mechanization of agriculture is
Seasonal
Structural
Industrial
Personal
In Pakistan taxes are levied by
President of Pakistan
Prime minister of Pakistan
Federal cabinet of ministers
National assembly
In 2008-09 Industrys growth went into
Zero
Negative
Positive
None of these
How many types of income
5
6
3
4
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