12th Class Economics MCQS Set 5

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12th Class Economics MCQS


Undistributed profits are considered
None of these
Income earned but not received
Income received but not earned
Income earned and received

Select the correct statements
GDP means Gross Direct Production
Taxes are not included in NNP
Transfer payments are included in national income
Depreciation allowance is a part of GNP

Choose the major crops in the following
All of above
Rice sugarcane
Maize
Cotton wheat

How many demerits of mixed economy
5
4
6
3

For the economy prices are beneficial
failing slowly
rising slowly
rising fast
faling fast

Life expectancy in Pakistan is
Less than 60 years
Between 60 and 70 years
More then 80 years
Between 70 and 80 years

Pakistan exports these goods.
machinery petroleum fish
machinery tea fish
tea fish fertilizer
machinery, oil fertilizer

Purchasing power of money during deflaction is
constant
Reduced
Increased
funtuaing

State bank of Pakistan has departments
Issue and research department
Issue research and banking deptt.
Issue and banking department
Banking and research department

Choose the types of measures of correct disequilibrium
Less exports
All of these
Minimum expenditure on invisible items
More exports

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