12th Class Economics MCQS
The budget estimate prepared by ministry of finance is finally approved by
Senate
State bank
National assembly
President
Pakistans Budget has parts
Current and development
a and b of above
Development and non development
Revenue and expenditure
Which property the paper money does NOT possess
Divisibility
Portbility
Durability
Acceptability
Pakistan Post Office provides postal facilities through a network of more than ______ post offices across the country
12000
12200
12100
12300
First women bank is
Private bank
Investment bank
Non scheduled bank
Govt. Bank
In Pakistan federal government budget is prepared by
Ministry of Finance
State Bank of Pakistan
National assembly
President of Pakistan
Transfer payments are not included in national income because
There is no method to account for these
Double counting would result
They are illegal
Such payments are made to persons living abroad
Which of the following is counted in GDP
Used car sale
A TV set produced this but not sold
The leisure people consume
Purchase of 100 shares of PSO
Fixed exchange rate system has the advantage.
Automatic adjustment of balance of payments
discourages unnecessary speculation about future trade deals
Greater govt control over foreign trade
b and c of above
The rage charged by a central bank on loans is called.
tax rate
lending rate
discount rate
market rate
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