12th Class Economics MCQS
Which is true.
Federal govt ha the right to collect taxes
All of the above is true
Local govt has the right to collect taxes
Provincial govt has right to collect taxes
The following is not a bank liability
Saving deposit
Demand deposit
Time deposit
Loans
Pakistans domestic saving rte is
18%
2%
8%
28%
Two countries can gain from foreign trade it
Cost ratios are different
Tariff rates are different
Price ratios are different
a and c above
Cash cannot be directly obtained from a bank against
order cheque
bearer cheque
cross cheque
traveller cheque
A tariff is
B and C of above
A restriction on the number of export firms
Limit on the amount of imported goods
Tax on imports
The will cause an increase in national income
Increase in saving
rise in imports
Fall in consumers spending
rise in exports
Visible export include.
Computer software
transport cost
Remittance
Computer hardware
Mobility of labour depends upon
All of the above
age of the worker
attitude of the worker
education of the worker
Foreign trade
Benefits all countries
Benefits democratic countreis
Benefits developed countries
Benefits undeveloped countries
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